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Money Talks Volume 4
Donald Trump’s surprise election victory appears to be sending a “sell Canada” signal to the financial markets. This edition of Money Talks looks at the state of the Canadian market in the aftermath of the US election.
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Canadian Housing Market Remains Firm Despite Ugly Second Quarter for Broader Economy
Housing was one of the only bright spots in an otherwise ugly second quarter for Canada’s economy.
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Snapshot of Canada’s Residential Mortgage Market
Canada’s housing market continued to prove its resilience in 2015, as the combination of rock bottom interest rates and a competitive finance system outweighed the negative shock of plunging oil prices on the economy. Actual home sales rose 10% on a year-over-year basis in December,[1] with first-time homebuyers representing a growing share of the residential mortgage market.
Read moreCanada Touted as an Uncommon Pillar Of Economic Strength?
Amidst Global Economic Turbulence, Canada Remains Relatively Stable. An article in the Globe and Mail today by Michael Babad touts Canada’s economy as uncommonly stable and sound.
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