Is The Canadian Housing Market Headed For a 25 Per Cent Crash?
Mortgage News / Mortgages

Is The Canadian Housing Market Headed For a 25 Per Cent Crash?

Could the market be due for a 25 per cent crash? Today’s report by Capital Economics certainly points to that direction. Released just a day after RBC’s statement that Toronto – one of Canada’s biggest markets – is not in a bubble, today’s statement has economists and home buyers alike wondering: what’s in store for home prices? Continue reading »

Where Are The Jobs in Canada?
Economic News

Where Are The Jobs in Canada?

Welcome to life post-grad – and the Canadian job market. The time has come to put those hard-earned smarts to work – and start to receive a pay cheque. But what chance do new job seekers have given the current state of the global and national economy – and the seeming scarcity of entry-level positions? The trick is knowing where to look. Some Canadian sectors are seeing a resurgence – and in some provinces, the more, the merrier. Continue reading »

Calgary’s Real Estate Market: Good Times Ahead
Buying A Home / Mortgage News / Mortgages

Calgary’s Real Estate Market: Good Times Ahead

Kicking off our Regional Real Estate series, we check in with Calgary, Canada’s fourth largest city. Boasting a strong economy fueled by the oil and gas sector and a solid employment rate, it’s safe to say Calgarians are looking to buy, buy, buy. With the city implementing a less-sprawl strategy, and renewed focus on entry-level offerings, things are looking rosy in the wild west. Continue reading »

Friday Mortgage Round-Up:  June 1st, 2012
Mortgage News / Mortgages

Friday Mortgage Round-Up: June 1st, 2012

May’s been a busy month for Government of Canada 5 Year Benchmark Bond Yields – they’re currently sitting at the lowest rate in 4 months! Why all the activity? Global markets are the main factor behind these levels. As uncertainty continues to plague global economic markets, both Canadian and international investors are turning to the resilient Canadian marketplace – and Government-backed bonds. Continue reading »

Greek Default Less of a Threat to Canada
Economic News

Greek Default Less of a Threat to Canada

Greece is becoming that annoying relative that just won’t go away. You know the cousin that comes to stay for a few weeks until they “get on their feet.” But months later you’re still waiting for the bathroom in the morning because they’re in the shower. Greece is Germany’s destitute cousin and German Chancellor Angela Merkel must have real patience to wait day after day to see if all the efforts to help her poor cousin Greece will pay off. Continue reading »

U.S. and European Economic Outlook for 2012
Economic News

U.S. and European Economic Outlook for 2012

It’s good to be Canadian. While the U.S. housing market crumbled – to a certain degree bringing the global economy along with it, after some slight hiccups, the real estate markets in most Canadian cities have continued a slow and even climb. But only a fool would think that the Canadian economy is not heavily influenced by events in the U.S. and Europe. Here, we review what various economic soothsayers from around the world predict 2012 will have in store for the global economy. Continue reading »