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jimtan
Real Estate Talker
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Posts: 5434
Joined: Tue Jul 31, 2007 10:59 pm

Re: Medium Term risks?

Mon Sep 25, 2017 8:10 am

So it begins... Canada First...

"Business Council of Canada Supports Bombardier in Boeing Fight"


https://www.bloomberg.com/news/articles ... eing-fight
 
jimtan
Real Estate Talker
Topic Author
Posts: 5434
Joined: Tue Jul 31, 2007 10:59 pm

Re: Medium Term risks?

Fri Oct 06, 2017 1:07 pm

With a one-two-three punch, this could be the end of speculative fever in CoV...

"Gregor Robertson proposes giving locals 1st shot at new condos

Mayor suggests modelling policy on 2016 agreement in West Vancouver


... In an investigation last year, the Globe and Mail revealed major Vancouver developers were privately selling prebuilt condos to friends and family before offering units up to the general public.

This practice allowed the buyers to reassign their contracts to new purchasers at higher prices before the deal closed.

Earlier this year, the Canadian government began a series of actions in federal court, in a bid to force developers to provide details about buyers who flipped presale contracts before construction was completed."

http://www.cbc.ca/news/canada/british-c ... -1.4344434
 
jimtan
Real Estate Talker
Topic Author
Posts: 5434
Joined: Tue Jul 31, 2007 10:59 pm

Re: Medium Term risks?

Sat Oct 14, 2017 11:57 am

Canada First ...

"Canada moves toward buying Australian fighter jets, upping ante in trade dispute with Boeing"

https://ca.news.yahoo.com/canada-moves- ... 00148.html

Should free trade become less free, this will have negative economic consequences for each country at the macro level. Individual industries may benefit. But, overall productivity will fall and costs will rise. That is, fewer jobs and more inflation!
 
jimtan
Real Estate Talker
Topic Author
Posts: 5434
Joined: Tue Jul 31, 2007 10:59 pm

Re: Medium Term risks?

Fri Nov 17, 2017 9:29 am

As our Steve notes, debt is thru the roof...


"Canadian HELOC Debt up 500% since the Year 2000"


http://vancitycondoguide.com/canadian-heloc-debt/



"Canada Accumulating Private Debt Faster Than Any Advanced Economy"


http://vancitycondoguide.com/canada-acc ... vate-debt/

Facts

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