Bubble talk re-ignites debate about what’s next for Vancouver housing market

The boom in Canadian real estate has “resulted in the largest rises in house prices ever seen in Canada,” the firm says. “And the trigger of an increase in the Bank of Canada’s trendsetting interest rates could result in a 25-per-cent drop in property values.”

Read more: http://www.vancouversun.com/business/Bubble+talk+ignites+debate+about+what+next+Vancouver+housing+market/5026729/story.html#ixzz1QmekpvQ9

Bubble talk re-ignites debate about what’s next for Vancouver housing market

Baines: Insurance agent continues to pitch high-risk investments

Victoria-area investors beware. David Michaels, principal of Michaels Wealth Management, is staging another of his "lunch-and-learn" seminars at noon today.

Read more: http://www.vancouversun.com/business/Baines+Insurance+agent+continues+pitch+high+risk+investments/5015718/story.html#ixzz1Qae8mFsr

Baines: Insurance agent continues to pitch high-risk investments

Canada backs Carstens as IMF head – The Globe and Mail

In a joint statement with Australia issued Friday evening, the Department of Finance said it believes Mr. Carstens, 53, is the best choice for the job, adding that the decision should be based on “merit and not nationality.”

Canada backs Carstens as IMF head – The Globe and Mail

Island economy poised for growth

Vancouver Island and the Coast Development Region saw sustained recovery in 2010 and are poised for growth this year, according to a report from the Chartered Accountants of B.C.

Read more: http://www.timescolonist.com/business/Island+economy+poised+growth/4992383/story.html#ixzz1Q8FMqmfF

Island economy poised for growth

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