Author Archives: Danielle Park

Canadian banks bracing for mortgage renewal stress

About that Canadian debt renewal cliff… Canada’s Big Six banks are adding billions of dollars to their emergency funds as mortgage renewals approach for more than three quarters of homeowners. Andrew Chang explains why the banks are preparing for more … Continue reading

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Lacy Hunt: There is reason to worry

One of Lacy’s best ever… Famed economist Dr. Lacy Hunt joins us to talk about the recession in America and what he thinks will tip the scales. Here is a direct video link.

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Eyes wide open as Bank of Canada blinks

Yesterday, the Bank of Canada (BOC) blinked on inflation fears and responded to weak growth and rising unemployment with the first rate cut in four years and the first since the epic tightening cycle began 27 months ago in March … Continue reading

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