Tag Archives: austerity

Public sector and their unions put on notice; Humourous commentary about ‘bubblebloggers’

Public sector and their unions put on notice I can’t help but think that the coming age of Canadian austerity will likely begin in Ontario.  After right-wing, union-busting Rob Ford captured the former liberal stronghold of Toronto with a ‘Stop … Continue reading

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Guest Post: Social Issues Surface as Europe Considers Fiscal Austerity to Solve Debt Crisis

Note from Ben:  I typically receive about one guest post submission via email each week.  For a variety of reasons, the majority end up not being posted.  None of those reasons include me disagreeing with the author’s perspective.  This guest … Continue reading

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Toronto condo data; China about to hit a wall?; Fiscal austerity to weigh on public sector jobs; The Age of Deleveraging; Another video primer

Toronto condo data The Toronto Real Estate Board released their most recent rental market report yesterday.  It showed both a substantial jump in rental transactions and a jump in rental inventory. “From September until the end of 2010, TREB Members … Continue reading

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Survey of Forecasters data; From stimulus to restraint; China’s empty malls

Survey of Forecasters The Conference Board of Canada has released their 2011 survey of economic forecasters (subscription required) in which they surveyed economists about the growth prospects for the Canadian economy in 2011. The average analyst estimate for final 2011 … Continue reading

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A look into our future

Not too much by way of real estate data points for today, but lots of interesting happenings in the world of finance and economics.  As the big real estate boards figure out how to spin this month’s numbers, which should … Continue reading

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Deflation, austerity, and housing blues in the US; Risks to Canada’s growth from the IMF

Deflation in the US The January 2011 edition of the Bank Credit Analyst has been released (hat tip to DR for the head’s up).  For copyright reasons I can’t link to it, but I will post a few interesting quotes.  … Continue reading

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Tough decisions for Canada; Shilling sees deflation in US

Tough decisions for Canada Could it be that our Progressive Conservatives are actually returning to their roots?  After running the largest peace-time deficit in history, the Harper government is now actively trying to prepare Canadians for the difficult fiscal times … Continue reading

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CNN article- “Canada’s coming housing bust; MSM still swallowing CREA’s spin; Swallowing the tough medicine

I came across a couple of articles worth mentioning: From CNN-Canada’s coming housing bust “A decelerating economy at home means the labor market (currently running at just under 8% unemployment) will probably soften further. Canadian household debt continues to rise … Continue reading

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New home prices; Tough budget coming; Canada’s trade deficit widens

Just a quick post to detail a few developments over the past couple days New home prices rise Stats Canada released its New Home Price Index earlier in the week.  New home prices were up 0.2% in September. Just a … Continue reading

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Picking our poison: The icy hand of austerity or the scorching rebuke of the bond market

As I’ve said a number of times before, all Western economies will endure austerity over the next few years. Embracing the icy hand of fiscal restraint Some countries, like the UK, will see the writing on the walls and take … Continue reading

Posted in Economy, Social trends | Tagged , , , , , , , , , , | 14 Comments