Stimulus and housing give economy one-two punch
Filed Under Main Content · Tagged: Construction Activity, Economic Recession, Economy, Existing Home Sales, Financial Insurance, Housing Market, Insurance, Ottawa Citizen, Pillar, Punch, Real Estate Agents, Reflection, Remarkable Strength, Statistics Canada, Stimulus
Ottawa Citizen-
“Financial, insurance and real estate have continued to be that pillar of strength, consistently showing growth through much of this economic recession,” he said. “And we know that is the housing market, a reflection of the remarkable strength in the existing-home sales market.”
October figures from Statistics Canada show a 7.2% rise in existing-home sales activity from real-estate agents and brokers. However, construction activity was up only 0.1%…
Stimulus and housing give economy one-two punch
Central banks signal low rates here to stay
Filed Under Main Content · Tagged: Ben Bernanke, Central Banks, Federal Reserve, Federal Reserve Chairman, Jackson Hole, Jackson Hole Wyo, Jean Claude Trichet, Measures, Rush, Stimulus, Times Colonist Victoria, Times Colonist Victoria Bc, Uncertainties
Times Colonist, Victoria, BC – That is the view emerging following the weekend gathering of the world’s leading central bankers in Jackson Hole, Wyo., highlighted by remarks from Ben Bernanke, U.S. Federal Reserve chairman, who warned of the uncertainties ahead, and Jean-Claude Trichet, president of the European Central Bank, who suggested he is in no rush to reverse emergency stimulus measures…
Central banks signal low rates here to stay
Mortgage market: Going, going …
Filed Under Main Content · Tagged: Budget, Business Online, Canadian Business, Canadian Government, Finance Minister Jim Flaherty, Mortgage Market, Mortgages, Nbsp, Stimulus, Toronto
CanadianBusiness.com – Toronto – The Canadian government’s plan to buy up to $75 billion in mortgages might not have been the flashiest stimulus measure announced by Finance Minister Jim Flaherty in his recent budget, though it could turn out to be one of the most expensive…
Mortgage market: Going, going … | Managing | Strategy | Canadian Business Online
Canada should strut its stuff
Filed Under Main Content · Tagged: 10s, Business Canada, Canada Toronto, Clock, Obama, Ontario Canada, Proposal, Stimulus, Stuff, Toronto Canada, Toronto Ontario, Toronto Star
Toronto Star – Ontario, Canada – Using the usual rule of 10s in comparing Canada and the US, Obama’s imminent stimulus proposal should be on the order of $300 billion (US), but will clock …
