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Cory’s Chart Corner
Wow...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 @DiMartinoBoothDanielle DiMartino Booth @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.
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Daily Archives: May 30, 2017
Good jobs booming in renewable energy and technologies
Good growth is ours in the renewable energy and transportation revolution. Not only are the well-paying, productive, domestic jobs desperately needed, but after the debt bubble, lower friction costs (full-cost accounting) for energy and transportation are a critical part of … Continue reading
GTA property supply explodes, buyers retreat
Nightmare on crazy street, take 2: supply up 50% year over year. Nothing like irrational prices to entice listings. Toronto’s hot real estate market just got a lot colder. Matt Galloway spoke with John Pasalis, a veteran real estate agent … Continue reading
Global debt tsunami crests further in April
Another month, another dubious debt distinction for Canada. See Canadians push past $2 trillion in debt to set a new record, again: Canadians pushed household credit to new highs. There was a total of $2.025 trillion in outstanding debt, a … Continue reading