Tag Archives: Ontario

How important is construction to economic growth and employment across Canada?: Part 1

In a previous series we examined house prices relative to GDP growth across Canada.  That data seems to suggest that a significant level of overvaluation exists in many provinces from Ontario west (Quebec data was absent in that series).  Hopefully … Continue reading

Posted in Economy, Real Estate | Tagged , , , , , , , , , | 56 Comments

A regional look at Canada’s housing bubble: Part 1

Introduction I recently highlighted the fact that aggregate Canadian house prices appear to be significantly overvalued relative to GDP per capita (one of the key determinents of income….all things being equal, higher income levels should equate to higher house prices). … Continue reading

Posted in Real Estate | Tagged , , , , , , , , | 41 Comments

Scotia on the ‘Tapped out’ consumer; TD on Ontario’s debt problems

The ‘tapped out’ consumer Scotia economics has reiterated a call that I’ve been sticking to all year:  The Bank of Canada will be highly hesitant to raise rates later this year…..if at all.  But for the housing bulls who frequent … Continue reading

Posted in Economy | Tagged , , , , , , , , , , , , | 17 Comments

BMO weighs in on troubling RSP trends and public sector unions

Canadian GDP was rocking in Q4, though I would like to dig below the surface at some underlying trends.  I’ll hopefully get to that tomorrow.  In the meantime, the two must-reads of the day come courtesy of BMO: 1)  Troubling … Continue reading

Posted in Economy, Social trends | Tagged , , , , , , , , , , , | 20 Comments

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

Posted in Economy, Real Estate, Social trends | Tagged , , , , , , , , , , , , , , , , , , , | 34 Comments

Trends in the news

I thought I might take this post to highlight a series of articles that detail various trends that I see as being big stories over the next few years.  The bolded titles are also links to the original article. Canadian … Continue reading

Posted in Economy, Social trends | Tagged , , , , , , , , , , , , , , | 10 Comments

The social fallout of a dying credit bubble

This post will ruffle feathers, but it’s not my intention.  I don’t mind speaking the unpopular messages when I have to.  Let me start by saying that I am a public sector employee.  I have nothing against the public sector … Continue reading

Posted in Economy, Real Estate, Social trends | Tagged , , , , , , , , , | 8 Comments