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Housing over-valued in Vancouver: TD Economics
Another report on the real estate market came out today, this time from TD Economics. TD believes house prices in Canada, which grew 7.5 per cent in 2011, are about 10 per cent over-valued. Vancouver...
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Good economic news in UK and US: manufacturing up
The fate of the world and hence Canada, economically-speaking, in 2012 is dependent on what happens in three crucial areas of the world: the United States, China and the Eurozone. So it’s always good...
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Low productivity will drag down BC growth: TD
TD Economics has come out with an interesting report predicting provincial growth for the period 2016 to 2021. The report looks at two components of growth: the growth in the labour supply and the...
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Could Bank of Canada lower its overnight rate?
Next week the Bank of Canada will make its rate decision, whether to raise or lower or leave unchanged its overnight target rate. While just a target, the overnight rate immediately affects variable...
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A novel idea from TD: setting a minimum interest rate to stop rising debt
Sometimes I wonder if there is just too much talk about how we are in too much debt and pay too much for our real estate. But it’s a topic near and dear to most of our hearts as we all hanker after a...
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China headed for recession, housing market overheated across Canada: from the...
I like talking to economists or advisers when they come to town to hear where they think the economy is headed. On Friday I spoke to Sadiq Adatia, chief investment officer with Sun Life Global...
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