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This Year’s Federal Budget

March 25, 2019

Budget 2019 is the final Liberal budget before this year’s election. It outlined billions of dollars in new spending to please key Constituencies across the country. The Federal government has seen its revenues rise by over $10 …

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On Real Estate Predictions for Spring 2019

March 20, 2019

It’s hard to predict real estate trends and long term changes. Experts, economists, and real estate watchers will all have their views. Southern Ontario and GTA residents are generally positive about the long term fundamentals. …

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Mixed Real Estate Conditions and a Potential BOC Rate Cut

March 8, 2019

  The Greater Vancouver Real Estate Board released rough real estate stats earlier this week. Reports showed that year-over-year Feb. residential home sales fell over 30%. This represents the worst Feb. sales total since 1985, ov …

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SNC Lavalin Scandal Could Change Canada’s Government

March 1, 2019

The Federal government is reeling from the pressure of a scandal that has shaken elite circles across the country. Extensive media coverage in the last several days has widely revealed the scandal to the public – we are of cours …

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On Toronto’s Move For More Affordable Housing

February 22, 2019

With sky-high real estate prices, extremely limited supply, and a vacancy rate incomparable to its international competitors, Toronto is in the midst of a housing crisis. Housing, transit, and affordability were the key issues for pol …

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US Fed Made Some Significant Shifts In Tone & Policy Last Week

February 8, 2019

We’re addicted to covering the Federal Reserve at Tembo for the simple reason that it effectively runs the global economy and sets the tone for Canada’s economy, exchange rate, and real estate market. It is that important …

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Proposed Ontario Bill 66 Gets Squashed

January 28, 2019

In last week’s blog, we outlined proposed Ontario Bill 66, which had a provision in it which would have given municipalities the power to approve commercial and industrial development in protected green spaces. This would have o …

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What Does Ontario’s Proposed Bill 66 Mean For Its Residents?

January 21, 2019

In early December of last year, the Ford Government introduced a proposed law titled the Restoring Ontario’s Competitiveness Act. The bill is a comprehensive piece of legislation that alters several existing laws and introduces …

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As Economy Slows, Bank Of Canada Holds Off On Interest Rate Increase

January 15, 2019

Instead of raising rates again the BOC (Bank of Canada) decided to hold off. With oil prices still low and the national economy losing the consumption boost of the holidays, the bank decided to give the economy a breather. Rates remai …

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We Are Barely Into 2019 And The Stock Market Is Already Making Some Wild Moves

January 7, 2019

2018 ended with significant stock market turbulence around the world, especially in New York and Asia. Tembo made note of this in its final 2018 blogs and newsletter (you can sign up here). As we mentioned, significant drops in the DO …

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On Canada’s Wealth

January 3, 2019

There has been a fair amount of media coverage over the last few days from an interesting, recently released stat from StatsCan on Canadian net wealth. It seems we’re a lucky country – our net wealth has topped $11 trillio …

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On 2018’s Final Real Estate Stats

December 28, 2018

For Tembo’s final blog of 2018, we want to leave you with some interesting GTA statistics. All of our predictions for 2019 were outlined in our final newsletter – many of which are beginning to look on point given big fall …

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