Whoa, economist dude. Twelve figures starts at $100,000,000,000 – a hundred billion. Yikes. We haven’t seen red ink like that from the federal government since way back during the pandemic – when the ...
Down she goes. Both fixed-rate fivers and VRMs are in the 4.5% range. The Bank of Canada delivered its second jumbo rate cut ...
The bad news? A recession looms, for sure. The good news? It’ll be short. Shallow. Real estate will suffer. Financial portfolios will not. Inflation will continue unabated. But interest rates are near ...
Yeah, it’s not Bitcoin. But a balanced, low-vol, diversified, 60/40 portfolio has handed investors close to 10% this year. And it was 8.5% last year. The even better news is that there’s more of the ...
This is just the start, not the end. The year 2025 will mark an entire decade of Trudeau deficits, and he will leave ...
Eleven million people live in our largest three cities. The latest housing numbers are now in for each. Sales last month in Toronto were down 17.5%. In Montreal they tanked 19%. In Vancouver, a 28.6% ...
The weekend showed how fast stuff happens. Syria’s dictator and Putin’s buddy was sent packing. Outcomes unknown. Donald Trump told NBC he’ll pardon imprisoned J6 rioters, punish his political enemies ...
Half full? Half empty? Are things getting better or worse? Yes, 2022 sucked. Market losses. War. Inflation. Kanye West. Central banks. Mortgage rates. Danielle Smith. Wild boars. Nukes. Peak house ...
The central bank won’t touch interest rates for a while. That was confirmed Wednesday. Meanwhile one lender has hacked its variable-rate to 0.99% while a major bank has four-year money at a buck forty ...
It’s not that he comes from a cheap place. The average house listed in urban Boston these days is north of a million dollars, and the median selling price in the wider metro area is $439,000. House ...
Five years ago Jimmy bought his condo in Liberty Village, a hot little enclave which used to be a 19th Century industrial wasteland on the lower west side of Toronto. Now it’s home to more Vespas than ...