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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: May 9, 2017
Leverage liquidation swamping metals
From record leverage comes rapid repricing one way and then the other. Levered traders are liquidating as excess supply of most commodities continues to swamp global demand. This is dominant theme likely to persist for some time in the aftermath … Continue reading
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New study issues ‘code red’ on Canadian housing affordability
Shelter prices are so over-valued relative to income levels today, that saving just a 10% downpayment now takes 12 years on average, compared with just 5 years to save a 20% deposit twenty years ago. In many cases, people are … Continue reading
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Why ‘flip’ thinking is flopping
Don’t plunder that protected green space to squeeze in more housing just yet! A new report out of Ryerson’s Urban Planning department concludes that Toronto is over-housed, with a majority of 140 city neighbourhoods suffering from a stagnant or declining … Continue reading
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