News and resources for Canada's top financial advisors
Economic Indicators
During last night’s U.S. presidential debate, several topics concerning Canada and the global economy cropped up.
September 27, 2016
2 min read
If your client is a non-resident, getting a mortgage just got harder, at least at two Canadian banks. Bank of Nova Scotia recently amended its income verification policy for non-residents, who could circumvent the policy if they had large down payments, reports the Globe and Mail. And Bank of Montreal will require non-residents to verify […]
By Staff |September 26, 2016
1 min read
Tired of low interest rates? Take matters into your own hands.
Sales of new high-rise homes in the GTA are on pace for a record year, the Building Industry and Land Development Association (BILD) said Thursday. As of August 31, 17,949 new high-rise homes had been sold in the GTA, a record for this point in the year. While August is typically a slower sales month, […]
By Staff |September 22, 2016
The BoJ should participate in a “helicopter money” scheme with the Japanese government if it hopes to convince investors that underlying growth will pick up, TD Economics says. The bank says in a note on Tuesday that Japan has been a “case study” in secular stagnation over the past 25 years, with per capital income […]
By Staff |September 20, 2016
China’s large debt is growing and posing a risk to the global economy, according to data from the Bank for International Settlements (BIS). BIS measures the credit-to-GDP gap, defined as the difference between the credit-to-GDP ratio (corporate and household debt) “and its long-run trend.” The BIS says the measure is “a useful early warning indicator […]
By Staff |September 19, 2016
Boston Fed president Eric Rosengren is warning that low rates are negatively effecting asset prices, reports The Wall Street Journal. As of March, commercial real estate lending totalled US$3.6 trillion, provided by banks, financial firms, pension funds and life insurers. Low-yield returns brought about by the Fed and its overseas counterparts are driving real estate […]
Last week, the TSX underperformed the S&P500.
The result follows an unchanged figure in July.
By Staff, with files from The Canadian Press |September 16, 2016
Here's a collection of the investment tips and insights we shared over the last few months.
By Staff |September 16, 2016
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