Follow
____________________________
Cory’s Chart Corner
Load MoreWow...RBC trying hard to obfuscate an 8x growth in loan losses with candy for the kiddies, buybacks and dividend hike. Morning other Danielle...
h/t @DiMartinoBoothBattening down the hatches with an eight-fold hike in loan loss provisions north of the border:
@RBC provisions for performing loans totaled C$568 million in the second quarter, up from C$68 million in the first three months of the fiscal year.
@business
Daily Archives: July 26, 2016
Hillary Clinton’s war on Wall Street?
I am skeptical in general of both parties and their commitment to make needed reforms to status quo rules. Talk is cheap and lobbyists and big business money runs deep. More than 40 years in politics, the Clintons have a … Continue reading
Posted in Main Page
Comments Off on Hillary Clinton’s war on Wall Street?
Ontario needs to enact foreigner buyer tax too
B.C.’s government surprised many observers on Monday by announcing an additional 15 per cent property transfer tax on foreign homebuyers. BMO Capital Markets Chief Economist Doug Porter called the move “entirely justified” amid persistent double-digit home-price gains in the province. … Continue reading
Posted in Main Page
Comments Off on Ontario needs to enact foreigner buyer tax too
Money laundering flows into Canadian real estate
Vancouver and Toronto have been first in line in Canada for international flows hiding from their home governments. But over-valuations, reckless leverage and financial risk have now spread well beyond these two centers, weakening Canadian households, the economy and our … Continue reading
Posted in Main Page
Comments Off on Money laundering flows into Canadian real estate
;
