9/19/2019 | Posted in Canadian Economy and Housing Market by Micheal Turk
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The average Canadian household was worth less in 2018 than in the previous year. ... More

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  8/2/2019 | Posted in Canadian Economy and Housing Market by Micheal Turk
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Here’s a look at how lower rates south of the border could ripple through our country, according to five experts. ... More

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  5/22/2019 | Posted in Canadian Economy and Housing Market by Micheal Turk
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Canada should hold off on changes to make homebuying more affordable but should speed up efforts to reduce trade barriers within its borders, advises the International Monetary ... More

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  3/10/2019 | Posted in Canadian Economy and Housing Market by Micheal Turk
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Residential investment is falling, and that's a clear sign of hard times in Canada's economy, the Bank of Montreal says. ... More

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  1/2/2019 | Posted in Canadian Economy and Housing Market by Micheal Turk
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As we head towards 2019 with a weakened Toronto housing market and a Vancouver market in free fall, many sense this may be the year the house prices will go down. ... More

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  12/19/2018 | Posted in Canadian Economy and Housing Market by Micheal Turk
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Canada’s economy will slow down in 2019 with consumer spending impacted by weaker employment, cooling house prices, high levels of debt, and rising interest rates. ... More

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  12/18/2018 | Posted in Canadian Economy and Housing Market by Micheal Turk
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The slowdown in Canada’s housing market is likely to weigh on the economy according to a new report from CIBC Economics. ... More

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  12/17/2018 | Posted in Canadian Economy and Housing Market by Micheal Turk
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The prospect of interest rate hikes is particularly daunting for residents of Toronto and Vancouver—two cities with debt levels well above the national average. ... More

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  12/7/2018 | Posted in Canadian Economy and Housing Market by Micheal Turk
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Rising interest rates and new mortgage rules have finally forced an end to years of rapid lending, according to the latest data from Bank of Canada. ... More

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  11/2/2018 | Posted in Canadian Economy and Housing Market by Micheal Turk
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The benchmark rate set by the central bank is called the overnight rate and it’s now at 1.75 per cent, up from 0.5 per cent in the summer of 2017. ... More

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  10/22/2018 | Posted in Canadian Economy and Housing Market by Micheal Turk
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By 2023, the number of millionaires in Canada is expected to rise 54% to nearly 2 million people ... More

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  10/2/2018 | Posted in Canadian Economy and Housing Market by Micheal Turk
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Canada’s economy faces a major risk through the next three years from how debt-laden consumers cope with higher interest rates, according to economists from three of the ... More

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  9/6/2018 | Posted in Canadian Economy and Housing Market by Micheal Turk
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Moody's revises its outlook for the Canadian banking system to stable from negative, as the ratings company now sees the Canadian government less likely to ... More

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  8/21/2018 | Posted in Canadian Economy and Housing Market by Micheal Turk
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Canadians are becoming more confident in the outlook for the economy, real estate prices, and their finances. ... More

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  7/12/2018 | Posted in Canadian Economy and Housing Market by Micheal Turk
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With debt levels disconcertingly high, there could be ramifications to yesterday’s interest rate hike. ... More

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  6/27/2018 | Posted in Canadian Economy and Housing Market by Micheal Turk
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Analysts are optimistic that the Canadian economy will bounce back soon, bringing with it increased consumer spending. ... More

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  6/7/2018 | Posted in Canadian Economy and Housing Market by Micheal Turk
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Canada's financial system is resilient, according to the Bank of Canada, but high household debt and imbalances in the housing market remain the biggest vulnerabilities. ... More

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  4/27/2018 | Posted in Canadian Economy and Housing Market by Micheal Turk
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Canadian households, the main driver of the country’s economy for the past decade, are showing signs of spending fatigue. ... More

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  4/24/2018 | Posted in Canadian Economy and Housing Market by Micheal Turk
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The tightened mortgage underwriting rules which came into effect at the start of the year have contributed to a slower start for the Canadian economy. ... More

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  3/23/2018 | Posted in Canadian Economy and Housing Market by Micheal Turk
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Mortgage Consumers Brace Yourselves - Chances of a hike in May rose to 82% after the data came out today. ... More

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