Market Updates

May 8, 2021

The Stress Test is being "TWEAKED" by the Feds

GIPHY

 

Frustration and disappointment are often words that come to me when I hear the Office of the Superintendent of Financial Institutions (OSFI) making recommendations to the Federal Government about tightening the Canadian lending guidelines. The recommendation will be presented on May 24, 2021, to be put in place ...

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Posted in Market Updates
May 8, 2021

Waiting for the CRASH?

GIPHY

 

"Ten years ago, The Economist magazine concluded Canadian real estate was grossly overvalued. Nine years ago, Merrill Lynch declared Canadian housing was afflicted by “overvaluation, speculation and oversupply.”

 

Seven years ago, the Organization for Economic Co-operation and Development and the International Monetary Fund began sounding sirens ...

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Posted in Market Updates