Author Archives: Danielle Park

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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Rosenberg and Pomboy: recession on deck

The bond market has heard central bank hiking plans and abruptly repriced for it over the past six weeks.  As usual, stocks are slower to acknowledge reality.  Good review in this segment. Macro Maven’s Stephanie Pomboy in discussion with economist … Continue reading

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