Hiring boom ahead, BoC predicts
Filed Under Main Content · Tagged: 12 Months, Ahead, Bank Of Canada, Boom, Canada Survey, Canadian Businesses, Economic Growth, Faith, Prospects
Despite growing concerns about economic growth south of the border, Canadian businesses still have faith in the recovery and intend to hire more workers over the next 12 months to support prospects for growth and and plans for expansion, a Bank of Canada survey indicated Monday.
Read more: http://www.theprovince.com/business/fp/Hiring+boom+ahead+predicts/5083696/story.html#ixzz1RpkSGrdN
Hiring boom ahead, BoC predicts
Banks boosting mortgage rates – The Globe and Mail
Filed Under Main Content · Tagged: Ahead, Canada Banks, Fixed Mortgage, Fixed Term Mortgage, Globe And Mail, Globe Mail, Mortgage Rates, Real Estate Market, Spring Real Estate
Several of Canada’s big banks are raising most of their fixed-term mortgage rates ahead of the busy spring real estate market.
Banks boosting mortgage rates – The Globe and Mail
Fed’s Bernanke defends easy money
Filed Under Main Content · Tagged: Ahead, Bernanke, Business Money, Capital Flows, Easy Money, Emerging Markets, Paris, Spillover Effects, Summit
Speaking ahead of a diplomatic summit in Paris that will include many critics of the Fed’s aggressive bond buying program, Bernanke acknowledged that strong capital flows from advanced economies to emerging markets may be having negative spillover effects.
Read more: http://www.vancouversun.com/business/Bernanke+defends+easy+money/4308358/story.html#ixzz1EKbANe2e
Fed’s Bernanke defends easy money
Home sales rebound, but it won’t last long, analyst says
Filed Under Main Content · Tagged: Adjusted Basis, Ahead, British Columbia, Canada, Canadian Real Estate, Consumers, Existing Home Sales, Harmonized Sales Tax, Home Purchases, Hst, Implementation, Industry Consensus, July 1, Real Estate Association, Rebound, Sales Tax
Times Colonist- Existing home sales in Canada rebounded in August, but the industry consensus is both prices and activity will decline the rest of this year. The only argument is by how much.
The Canadian Real Estate Association reported yesterday that August sales were up 4.1% on a seasonally adjusted basis from July — a bad month for home sales because of the effects of the harmonized sales tax implementation in Ontario and British Columbia. As consumers scrambled to make their home purchases ahead of the July 1 HST deadline, June figures saw a boost, but July sales withered…
