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Canada Housing Market News

ING Fund Returns 26% With Iben as No. 1 Manager Fueled by New Guinea Gold Wednesday, September 1, 2010 @ 7:53AM“We don’t understand why people would strive to look like an index,” says Iben, chief investment officer of Nuveen’s Tradewinds stock funds unit. “We are looking for stocks where we disagree with people.”
Tuesday wrap: TSX slightly higher amid Scotiabank earnings disappointment, sliding oil prices Wednesday, September 1, 2010 @ 7:40AMThe Toronto stock market closed slightly higher as gains in mining stocks balanced losses in energy stocks, which fell amid another slide in oil prices.
OneChip Photonics Opens New Regional Office in Shenzhen, China Wednesday, September 1, 2010 @ 7:26AMOTTAWA, Ontario & SHENZHEN, China--(BUSINESS WIRE)--OneChip Photonics today announced the opening of a new regional office located in Shenzhen, China, to support the critical operations of local customers. Featuring an on-site lab, the new facility will enable OneChip to offer testing, debugging, and demonstrations for addressing the immediate technical needs of regional customers. This ...
OneChip Photonics Opens New Regional Office in Shenzhen, China Wednesday, September 1, 2010 @ 7:00AMOTTAWA, Ontario & SHENZHEN, China----OneChip Photonics today announced the opening of a new regional office located in Shenzhen, China, to support the critical operations of local customers.
Cuba issues free-market reform Wednesday, September 1, 2010 @ 6:23AMHavana -- Cuba has issued a pair of surprising free-market decrees, allowing foreign investors to lease government land for up to 99 years -- potentially touching off a golf-course building boom -- and loosening state controls on commerce to let islanders grow and sell their own fruit and vegetables.
Careful Lending Benefits Canada's Housing Market Wednesday, September 1, 2010 @ 6:08AMWhile the housing market in the U.S. is moribund, it's healthy in Canada. In one respect Canada got lucky, but it also had a very different approach to mortgage finance.
Housing bubble threatens to burst in six cities: Think-tank Wednesday, September 1, 2010 @ 4:02AMA perfect storm has created a housing bubble in Canada that could lead to a drop in property value of nearly 40% in some markets, according to a report by the Canadian Centre for Policy Alternatives.[...]
Canada’s economy cools as consumer, housing demand drops Wednesday, September 1, 2010 @ 4:01AMCanada's second-quarter economic growth slowed more than expected as consumer demand, government spending and the housing market cooled, government figures showed.[...]
Opinion: Vancouver's high housing prices threaten growth Wednesday, September 1, 2010 @ 2:19AMCongratulations are in order. Vancouver is now the least affordable city among 272 in Australia, Canada, Ireland, New Zealand, the U.K. and the U.S., according to the 2010 Sixth Annual Demographia International Housing Affordability Survey.
Community Links Wednesday, September 1, 2010 @ 1:13AMA listing of local community groups and events.
Carver who died 'wasn't feisty,' acquaintance says Tuesday, August 31, 2010 @ 11:45PMJohn T. Williams had the word "love" tattooed across the fingers of his left hand, and a big smile for everyone he met, say social workers who knew him.
Chinese manufacturing snaps out of slowdown Tuesday, August 31, 2010 @ 11:12PMBEIJING (Reuters) - China's manufacturing economy staged a moderate rebound in August after slowing for several months under the onslaught of government measures to rein in credit and deter property speculation.
Chinese manufacturing snaps out of slowdown Tuesday, August 31, 2010 @ 11:06PMChinese manufacturing snaps out of slowdown
Chinese manufacturing snaps out of slowdown Tuesday, August 31, 2010 @ 11:01PMBy Zhou Xin and Alan Wheatley
Chinese manufacturing snaps out of slowdown Tuesday, August 31, 2010 @ 11:00PMAnalysts cautiously optimistic; Asia shares rise. 1 Sep 2010 1:49 PM
Chinese manufacturing snaps out of slowdown Tuesday, August 31, 2010 @ 10:41PM* Official Aug PMI rises to 51.7 (forecast 51.8) from 51.2
UPDATE 1-China industry survey shows modest pick-up Tuesday, August 31, 2010 @ 10:33PMUPDATE 1-China industry survey shows modest pick-up
China industry survey shows modest pick-up Tuesday, August 31, 2010 @ 10:33PMChina industry survey shows modest pick-up
Canadian economy slows in second quarter Tuesday, August 31, 2010 @ 12:17PMCanada's economy grew at an annualized rate of two percent in the second quarter, slowing dramatically from the 5.8 percent posted in the first three months of the year, official data showed Tuesday.
Housing prices and sales to slow, CMHC says Tuesday, August 31, 2010 @ 12:17PMA drop in housing prices would mitigate fears expressed in a report released Tuesday by the Centre for Policy Alternatives, which warns there are bubbles hanging over six of Canada’s hottest real-estate markets
BoC urged to hold rate after GDP disappoints Tuesday, August 31, 2010 @ 12:10PMA chief economist at one of Canada’s big banks called on the Bank of Canada to refrain from a rate hike at its upcoming meeting after data on economic growth badly missed market expectations
Housing starts to stabilize: CMHC Tuesday, August 31, 2010 @ 11:46AMCanada Mortgage and Housing Corp. predicts building rate will follow demographic trends in 2011
Low risk of U.S.-style housing bust in Canada: C.D. Howe Institute Tuesday, August 31, 2010 @ 11:40AMThe Canadian housing market will avoid a crash similar to the one experienced in the United States, thanks to more conservative housing policies north of the border, a new report from the C.D. Howe Institute suggests.
Economy slows, raising concerns about recovery Tuesday, August 31, 2010 @ 11:23AMAfter a robust first quarter, the Canadian economy slowed down in the spring, casting doubt on further interest rate hikes.
Canadian Growth Slowed in Second Quarter Tuesday, August 31, 2010 @ 10:36AMThe Canadian economy in the second quarter expanded at less than half the pace set in the first three months of the year, undercutting economists' expectations and raising questions about whether the country's central bank will tighten interest rates next week.
How to tell when a CEO is lying Monday, August 30, 2010 @ 5:17PMResearchers at the Stanford Graduate School of Business claim they have come up with a way to determine when senior executives are trying to mislead the market that’s more effective than digging through the fine print on financial statements
How to spot when a CEO is lying Monday, August 30, 2010 @ 4:17PMA handful of key phrases will tell investors all they need to know, according to a recent study by Stanford researchers
Companies looking overseas for growth Monday, August 30, 2010 @ 3:30PMCanadian companies are looking overseas for growth, with a steady number of big names shopping outside of North America this summer, a mergers and acquisitions specialist says.
BHP/Potash: Monday, August 30, 2010 @ 2:23PMCanada's takeover rules make Potash Corp of Saskatchewan easier to snare. Weaker protections for minority shareholders and stricter limits on poison pill defences should aid BHP Billiton’s $39 billion hostile bid. But, the miner may face a bigger hurdle closer to home.
U.S. stores look north for school sales Monday, August 30, 2010 @ 12:26PMU.S. retailers are hoping to cash in on what’s expected to be a solid back-to-school season in Canada, while predictions on their home turf are less than rosy
Bank Research Consensus Weekly 08.30.10 Monday, August 30, 2010 @ 12:23PMYes, the global economy is slowing, but much less sharply than the negative market sentiment would suggest. Global sentiment appears to be largely driven by the sharp deceleration in US GDP growth from 5% in 4Q09 to what now looks like barely more than 1% saar in 2Q10 .
Weekly Industry Crib Sheet: Skilled-Trades Positions Hardest to Fill Despite Urgent Need Monday, August 30, 2010 @ 12:12PMPlus: U.S. Growth Slowed in Q2, Trade Policies Become Stricter and Automotive M&As Increase.
Couples Race to Atlanta Open Houses to Win Hidden $20,000 Down Payment Prize Monday, August 30, 2010 @ 12:00PMHomeFinder.com Â , a popular home search site, today announced the upcoming HomeFinder.com Race for the Home event inviting Atlanta home buyers and sellers to participate in a one day, challenge-filled, location-based game on Saturday, September 25.
Cuba embraces 2 surprising free-market decrees Saturday, August 28, 2010 @ 2:47AMCuba has issued a pair of surprising free-market decrees, allowing foreign investors to lease government land for up to 99...
Cuba eases property laws, could open door to golf Saturday, August 28, 2010 @ 2:27AM(AP:HAVANA) Cuba has begun allowing foreign investors to lease government land for up to 99 years, a step toward a future that could be filled with golf courses ringed by luxury villas, beachfront timeshares and vacation homes for well-heeled tourists.
Cuba embraces economic reforms Saturday, August 28, 2010 @ 1:07AMHAVANA - Cuba has issued a pair of surprising free-market decrees, allowing foreign investors to lease government land for as long as 99 years - potentially touching off a golf-course building boom - and loosening state controls on commerce to let islanders grow and sell their own fruit and vegetables.
Cuba allows foreigners to own land Saturday, August 28, 2010 @ 12:20AMCuba issued a pair of surprising free-market decrees, allowing foreign investors to lease government land for up to 99 years - potentially touching off a golf-course building boom - and loosening state controls on commerce to let islanders grow and sell their own fruit and vegetables. Related Stories Probe into 'shoot looters' orders Candidate raffles breast implants £90m sought for Pakistan ...
Mortgage summit brainstorms ways to revamp financing Saturday, August 28, 2010 @ 12:08AMTreasury Secretary Timothy Geithner says he won't support Fannie and Freddie returning to their roles of competing with the private sector while keeping federal support.
Your Source for Daily FOREX Market News and Analysis Friday, August 27, 2010 @ 8:42PMA third consecutive daily loss would lead the greenback to its worst performance since the long series of declines through August 2 nd .
Real estate board leader doesn't believe HST reason for sales drop Saturday, August 21, 2010 @ 8:12AMHouse sales in Quinte dipped slightly last month and while the introduction of the HST has taken the blame for similar trends across Canada the president of the area's real estate board isn't convinced the new tax is responsible.[...]
Casino website ready for relaunch Friday, August 20, 2010 @ 9:12PMMore than a month after it was launched and then quickly taken offline to fix a major technical glitch, the B.C. Lottery Corporation’s online casino is back in business.
Swanson Group Closes Glendale Mill Soon Friday, August 20, 2010 @ 8:55PMSwanson announced the closing of their Glendale Plant Friday morning, leaving 90 workers unemployed. read more
Oregon sawmills plan to reduce production Friday, August 20, 2010 @ 7:12PMA timber company plans to cut back production in Roseburg and shutter another facility in Glendale but said another 280 jobs in Springfield and Noti will not be cut - at least for now.
Grit leader in Nanaimo as part of cross-Canada tour Friday, August 20, 2010 @ 3:58PMThe B.C. leg of Federal Liberal Leader Michael Ignatieff’s cross-Canada tour began in Nanaimo Friday.
New sales taxes push July inflation to 1.8% on widespread cost increases Friday, August 20, 2010 @ 2:25PMNew harmonized sales taxes in some provinces pushed up Canada’s inflation rate last month -- but the increase was still softer than what many economists had forecast.
New taxes push inflation rate up in July Friday, August 20, 2010 @ 12:40PMThe introduction of harmonized sales taxes in several Canadian provinces pushed up inflation in July, though not to the extent that economists had expected.
Bond popularity a puzzle Friday, August 20, 2010 @ 9:47AMIt's a puzzle: Yields are at near-record lows, fixed-income deals sell out in near-record time, bond issuance all over the world is proceeding at a record clip -- yet bonds are the year's best investment
Fernandez Dollar Bonds Ending Winning Streak: Argentina Credit Friday, August 20, 2010 @ 9:34AMArgentine bonds are poised to end the longest stretch of weekly gains in 19 months as the slowing global economic recovery curbs demand for the country’s debt.
Low rates change investors’ fixed-income strategies Friday, August 20, 2010 @ 5:56AMWith minuscule returns on short-term bonds, high-yield securities are getting a closer look. Even asset-backed issues are on the rebound
Edmonton area housing starts see a jump in numbers Friday, August 20, 2010 @ 4:27AMThirteen months. That's how long housing starts have been posting year over year gains in the Edmonton area. According to Canada Mortgage and Housing Corporation (CMHC), housing starts totalled 949 units in July — a dramatic increase from the 451 units started in July 2009.[...]