Rates keep going up and the expectations are that rates will only start coming down again in late 2023 to get us out of a potential recession. How fast rates go up and how quickly will define our economy and politics for years to co …
Read More »Rates keep going up and the expectations are that rates will only start coming down again in late 2023 to get us out of a potential recession. How fast rates go up and how quickly will define our economy and politics for years to co …
Read More »It’s hard to predict what the future will bring in a world as dynamically turbulent as ours these days. This is an era where everyday brings a new challenge, a new development, and above all – huge fast paced change. Inter …
Read More »There’s no doubt that the BOC’s standing has taken a bit of a beating. The BOC is now openly being criticized by politicians (largely on the right wing of the spectrum), and by some in the media and in the financial world. …
Read More »The latest gift to Canadians from the Bank of Canada is a 50 basis point rate hike in June. Politicians, news headlines, economist surveys, and banking executives all take it as a given that the BOC has no choice but to jump up rates …
Read More »The flurry of news stories was quick after the BOC hiked rates by 50 basis points; with the narrative changing to a cooled market, prices going back down to normal, and rife with stories of people regretting buying homes at the top of …
Read More »March inflation statistics (always released the following month) were not rosy – and neither were the headlines, with the CBC calling the increase the largest annual increase in the cost of living since the GST was created. Our …
Read More »March year-over-year real estate figures showed some incredible surges in prices in the greater GTA. In Orangeville, a town of some 30,000 just north west of Toronto, prices for townhouses increased by over 50%. Apartment prices there …
Read More »We predicted that high inflation was likely not ‘transitory’ – remember that this was the narrative in late 2021 and early this year. That’s been proven to be a very weak and completely false narrative now. We …
Read More »If we will be seeing rates consistently go up, the other question is how quickly will they rise? These are the big questions that will shape everything – real estate, housing, equity markets, the economy, and ultimately – …
Read More »Ontario’s Minister of Transportation Caroline Mulroney reiterated the province’s plan to spend $61 billion on public transit and $21 billion on highway expansion over the next ten years. Most of the projects have already …
Read More »With an important provincial election heating up, the Ontario Liberal Party recently released a short outline of some of its economic proposals. These include exploring the potential for a four-day work week that acknowledges the COVI …
Read More »BlogTo recently released a story about a detached triplex house in downtown Toronto on Euclid St. that was recently listed for just over $3.5M. Two years ago, the house was a modest, standard property – the main floor was in goo …
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