Category Archives for Canadian Economics
Do Interest Rates Go Down Faster Than They Go Up?
One of the trends that I have heard from mortgage brokers is that interest rates usually go down faster than they go up. As a real estate investor, I’m interested […]
Continue readingThe Elimination of Private Rental Housing in Ontario: Financing (Part 1)
With vacancy rates less than 1% in most areas in the Greater Toronto Area and rents increasing across the province, politicians are facing a real challenge. Over the coming weeks […]
Continue readingAfter positive first quarter report, Canada Mortgage and Housing Corporation now forecasting housing prices will stabilize
The hot housing market is expected to stabilize over the next two years with prices, sales, and new construction leveling out. Regional Economist for Canada Mortgage and Housing Corporation Ted […]
Continue readingCanada’s inflation rate was up in January
Stats Canada says rising gasoline prices last month helped propel the country’s annual inflation rate up 2 notches to 2.5 percent. The agency says consumer prices overall rose by half […]
Continue readingCanada’s population grows to nearly 33.5 million
Data from the 2011 Census is being released Wednesday and according to Stats Canada, the national population grew 5.9 percent since 2006, to almost 33.5 million. The GTA’s population grew […]
Continue readingFewer Canadians expect to retire on time
Longer lifespans, high debts, a weak economy and volatile markets are continuing to impact retirement savings for Canadians. A new poll done for Sun Life Financial shows only three in […]
Continue readingCanada’s annual inflation rate remained unchanged and relatively strong
According to Stats Canada annual inflation remained fairly strong sitting at 2.9 percent in November. The agency says that Canadians are being charged much more at the pump over the […]
Continue readingNew investors face tighter credit score demands
New CMHC numbers suggest lenders and the default insurer itself are increasingly relying on a borrower’s credit score to evaluate an application – something likely to affect new real estate […]
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