BC Government’s Subprime Loans Fueled Almost 7% of Vancouver Real Estate In Q1
Vancouver real estate buyers got help from the BC Home Partnership, but the program added more to prices then it contributed. *slow clap*
Late Mortgage Payments In Ontario Fall To The Lowest Since The 1990 Crash
Mortgages in Ontario ticked down to the lowest level since just before the Toronto real estate crash of 1990.
Canada Hits Two Critical Warning Signs For A Financial Crisis
The Bank for International Settlements is flagging Canada with two warning signs, indicating a financial crisis is likely.
The E-Commerce Apocalypse Is Far From Hitting Canada
Canadians aren’t adopting e-commerce at the pace Americans are, which could be good news for the industry…or a looming disaster.
Canada’s Inflation Hits A Low For 2017, Making An Increase In Interest Rates Tricky
Canada saw the consumer price index (CPI) slip, falling to a low for 2017. This could put a hiccup in rising interest rates anytime soon.
Bank of Canada Believes Housing Is Still Pretty Cheap…Seriously
Could have fooled us, but the Bank of Canada’s housing affordability index shows Canadian real estate is affordable.
Warren Buffett’s Berkshire Makes Home Capital Group An Offer They Can’t Refuse
Warren Buffett’s Berkshire seeks to acquire 39% of Home Capital Group at a discount, and shareholders are blocked from voting on the initial offer.
Chinese Canadians Make More Than The General Population
Turns out if you’re Chinese-Canadian, chances are stacked in your favor that you are one of the higher income earners in Canada.
Canadian Government Is Now Warning Household Debt Will Shatter Records
Canada’s Parliamentary Budget Officer is warning that household debt will accelerate through next year, shattering previous debt records.
Government of Canada Doesn’t Expect Interest Rates To Rise Until 2018
A new release from the Parliamentary Budget Officer of Canada doesn’t anticipate interest rates will rise until sometime next year.
