Category Archives: Main Page

Equifax: Canadian business revolving debt is “worrying trend”

Posted on June 22, 2023 by Danielle Park

New data from Equifax shows that in the first quarter of 2023, Canadian businesses increased their credit card balances by 15 percent and lines of credit by 11 percent while the total balance outstanding on bank-issued installment loans fell 2.4 … Continue reading →

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Housing inflation keeping central banks hawkish

Posted on June 21, 2023 by Danielle Park

Falling average hours worked is leading consumer demand lower while housing inflation is keeping central banks hawkish for longer than in past cycles. Nasty combo. Chris Harvey, Wells Fargo Securities head of equity strategy, and Frances Donald, Manulife Investment Management … Continue reading →

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Home buyer math is bonkers for most

Posted on June 21, 2023 by Danielle Park

Many homes for sale in our area north of Toronto are priced in the $2 million range–many have been on the market for months now. If we do some math, we can appreciate why. Online calculators allow us to model … Continue reading →

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