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Monthly Archives: July 2017
Painted into a corner
The loonie is bid today on the Bank of Canada’s first rate hike in 7 years. Not a surprise, this hike was forecast by 90% of market participants surveyed in advance. Less anticipated by the consensus was US Fed Chair … Continue reading
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LA to NY in record time with zero noise or pollution
As the first 30 Tesla Model 3’s (from $35K USD) are delivered to their excited owners on July 28 the company is dramatically increasing its network of service centers and supercharging stations. Jordan Hart and Bradly D’Souza set out in … Continue reading
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Canadian borrowers losing ability
Home sales in Canada’s largest city–Toronto–fell 37% year over year in June. Long overdue buyer exhaustion has finally been triggered after the Feds tightened mortgage insurance requirements last November and Ontario imposed a 15% tax on foreign purchasers in April. … Continue reading
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