Financial News

BNN: Economist says housing prices to fall 25%

Posted by Jackelyn Ford on Monday, October 3, 2011
http://www.bnn.ca/News/2011/10/3/US-manufacturing-sector-grows-faster-in-September.aspx

Reuters | June 6, 2011

Building permits posted an unexpected 21-percent decline in April. BNN speaks with David Madani of Capital Economics about the data – and his belief that the Canadian housing market is set for a 25 percent pullback in prices.

BUILDING PERMITS DECLINE

The value of building permits issued in Canada in April unexpectedly plummeted 21.1 percent from March on weakness in the powerful pro...


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Financial Post: Canadian debt still high but there is some good news to bank

Posted by Jackelyn Ford on Sunday, September 18, 2011
http://business.financialpost.com/2011/06/20/canadians-debt-still-high-but-there-is-some-good-news-to-bank/Eric Lam | June 20, 2011

So the latest household accounts data released Monday surprised exactly no one showing Canadian debt-to-income ratios at a new record high of 147.3% in the first quarter of 2011, but here are a few good things (and one not so good) to take away from the Statistics Canada report.

Canadians are slowing down their borrowing

Growth in the most common consu...


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About These Articles


Jackelyn Ford These articles have been chosen because they provide a macro view of the financial world. This wide scope of articles can then be applied to aid your own personal financial situation. E.O.E.