Tag Archives: report

CIBC on the housing and the Canadian Consumer; Bank of Canada speech; Other noteworthy news stories

CIBC on housing and the Canadian consumer Just a week after Scotia Economics released a report suggesting that Canadian consumers are “tapped out”, CIBC economics has released an interesting report that contains some similar themes. Some highlights: This suggests that … Continue reading

Posted in Economy, Real Estate, Social trends | Tagged , , , , , , , , | 25 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

B of A / Merril Lynch on Canadian housing…part 2

We’re discussing the questionable findings of a Bank of America Merril Lynch report titled “Our Homes Have Four Walls” in which they argue that strict lending standards and the generally conservative nature of the Canadian consumer will allow house prices … Continue reading

Posted in Real Estate | Tagged , , , , , , , | 18 Comments

Bank of America Merill Lynch weighs in on Canadian real estate

Bank of America Merill Lynch has released a new report about Canadian real estate titled, “Our Homes Have Four Walls“.  Hat tip to Dylan for emailing this to me. The main conclusion of the report is as follows: “Valuation metrics … Continue reading

Posted in Real Estate | Tagged , , , , , , | 34 Comments

Exploring what a ‘hard landing’ in China would mean for the Canadian economy

This is the title of a fascinating new report by TD economics.  I have long warned that the possibility of a hard landing in China remains the greatest black swan event for the Canadian (and world) economy. …The Canadian economy … Continue reading

Posted in Economy | Tagged , , , , , , | 5 Comments

BMO’s housing outlook; Bond yields explode….mortgage rates will follow; Food prices set to rise

BMO releases draft housing outlook Thanks to TH for sending this my way.  In keeping up with Scotia’s housing forecast released earlier this week, BMO has released a similar draft document: Canadian Housing Outloook- 2011 Some key quotes: Over time, … Continue reading

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

Scotia calculates the risk of sharp housing correction is ‘low’; Gaping holes in their logic

I want to spend a bit more time looking at the Scotia Economics report on Canadian real estate trends released yesterday.  The report can be found here. In particular I want to zone in on page 4 which has as … Continue reading

Posted in Real Estate | Tagged , , , , , , , , , , , , , | 23 Comments

Why falling house prices will pull at employment (not the other way around)

Why a housing downturn would hurt employment This is a topic I discuss often on this lowly blog.  It’s a source of confusion for many people as most see employment as buoying house prices, not the other way around.  I … Continue reading

Posted in Economy, Real Estate, Social trends | Tagged , , , , , , , , , , , | 11 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

Report highlights from ‘The Current State of Canadian Family Finances’

The Vanier Institute of the Family released their annual Current State of Canadian Family Finances report earlier this week.  It is well worth highlighting their important findings: Unemployment rate misleading:  Considering the ‘hidden unemployed’ The report does an excellent job … Continue reading

Posted in Economy, Real Estate, Social trends | Tagged , , , , , , , , , , , , , , | 18 Comments