This Week’s Top Stories: Canadian Real Estate Drags The Economy, Risky Mortgage Debt, and Hidden Foreign Capital

Time for your weekly cheat sheet on this week’s most important stories.  Canadian Real Estate Canadian Housing Investment Is Falling, And Will Be A Drag The Economy: BMO Canadian real estate investment is starting to slow, and a big bank thinks it’s just the beginning. The GDP sub-component of residential investment made an annualized decline […]

Vancouver Consumer Insolvencies Rise Over 10%

Greater Vancouver is following the rest of Canada, with a spike of insolvencies. Office of the Superintendent of Bankruptcy (OSB) data shows households filed a lot more insolvencies in Q4 2019. Overall, Greater Vancouver is showing growth consistent with the province. However, the province is seeing a very rapid rise in the number of distressed […]