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Daily Archives: April 13, 2022
The ‘top is off’ Canadian housing
New data from Statistics Canada’s Housing Statistic Program shows multiple-property owners held between 29 and 41 percent of the housing stock in Ontario, British Columbia, Nova Scotia and New Brunswick in 2019 and 2020. In a word: unsustainable. Nova Scotia … Continue reading
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Slowing economy suggests bond sell-off overdone
Spikes in agriculture, fossil fuels and housing (housing makes up a third of CPI) pushed inflation (a lagging indicator) in March to the highest reading in 40 years. Amid negative real wages, consumers have less cash for everything, and corporate … Continue reading
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