Financial News

BNN: Canadian commercial real estate reborn in 2010

Posted by Jackelyn Ford on Tuesday, March 1, 2011
http://www.bnn.ca/News/2011/2/14/Canadian-commercial-real-estate-reborn-in-2010.aspx
Steve Ladurantaye, The Globe and Mail | February 14, 2011
The commercial real estate market saw an unprecedented recovery last year, with investment growing 48 percent as the economy improved and investors returned to the market.

Canadian commercial real estate volume reached $18.9 billion in 2010, according to CB Richard Ellis, from $12.7 billion in 2009. That’s close to the pre-recession peak of $19.8 ...


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BNN: Flaherty details new mortgage rules

Posted by Jackelyn Ford on Monday, January 17, 2011
http://www.bnn.ca/News/2011/1/17/Flaherty-details-new-mortgage-rules.aspx
Bill Curry and Grant Robertson, The Globe and Mail | January 17, 2011

Concern over rising consumer debt levels is prompting Ottawa to make three new changes to Canada's mortgage rules.

Finance Minister Jim Flaherty announced Monday that new federal rules will reduce the maximum amortization period to 30 years from 35 years for government-backed insured mortgages with loan-to-value ratios of more than 80 percent.

Secon...


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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.