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Canadian home prices keep going through the roof
Top of the Morning In Project Syndicate, Nobel prize-winning economist Robert Shiller reminds us why economic growth is so important, drawing comparisons between the modern day and the world in 1937:...
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The great Canadian housing debate continues
Top of the morning The Globe and Mail’s Ian McGugan calls on Ottawa to show a little more concern about soaring Canadian home prices: Canada’s red-hot housing market has passed the point where anyone...
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The three questions that matter most for the Canadian economy
Oil: By year-end 2015, I expect the WTI price of oil (now $74) will be approximately $80-$85, based on an improved global demand outlook and modest production cutbacks from both OPEC and non-OPEC...
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How Canada’s economy went from boom to recession so fast
Two hours before the street racing movie Fast and Furious 7 was released in China in April, Tang Wentian, a 21-year-old man, wrecked his Lamborghini driving the streets of central Beijing at speeds of...
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‘Tis the season: Indebted Canadians pull out the plastic
THE CANADIAN PRESS/Ryan Remiorz As the holiday shopping season ticks down to its final minutes, many Canadians will make a flurry of last-minute pre-Christmas purchases before launching themselves into...
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CIBC: It’s time for a ‘flipping tax’ on foreign investors
A sold home is pictured in Vancouver, B.C., Thursday, Feb. 11, 2016. Canada Mortgage and Housing Corporation says there is mounting evidence that house prices in a number of Canadian cities are out of...
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After new tax, buyers from China cool to luxury Vancouver homes
THE CANADIAN PRESS/Jonathan Hayward The B.C. government’s new 15 per cent tax on foreign buyers of homes in Vancouver would so far seem to be having the intended effect: cooling demand from...
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Lawsuit targets Ontario’s $4-billion syndicated mortgage industry
The Collier Centre project in downtown Barrie, Ont. (Mark Wanzel Photo) Investors have launched a proposed class action against a high-profile Toronto-area condo development firm, with projects across...
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