The RBC Economics report this month forecasts the market correction could reach its nadir in the spring market, likely ending with a 15 per cent decline in aggregate prices across Canada from peak to trough.Sign up to receive daily headline news from the Calgary Herald, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.
The central bank’s recent spate of rate increases, which started last March, have cooled real estate markets across Canada, leading to significant price declines in major markets. Higher mortgage borrowing costs only served to exacerbate existing affordability challenges in Ontario and British Columbia where average home prices were significantly higher than elsewhere in Canada.Article content
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BNN Bloomberg - Canadian Business News, TSX Today, and Bank of CanadaFear is no basis to make rational investment decisions and that is what good investment advisors are telling their clients. As Dale Jackson writes for like in any market turmoil, there are teachable moments that could morph into…
La source: BNNBloomberg - 🏆 83. / 50 Lire la suite »
Why some in Canada's tech industry are feeling jittery after Silicon Valley Bank's collapse | CBC NewsAs the Canadian government and its big banks give reassurances that the impact of SVB's crash will be minimal some in the startup community are concerned that the incident will chill tech investment, with lenders playing it safe after this latest setback. It's a good thing silicon valley CEOs remove their assets two weeks prior. Obviously they knew what they were doing POTUS knew a week b4 the SVB was going under, gave Osrael a heads-up to remove their $$. How much advance notice was given to JustinTrudeau cafreeland and why didn’t they warn Canadians?
La source: CBCNews - 🏆 2. / 99 Lire la suite »