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Author Archives: Pam Martin
Time is running out to buy your dream home in the U.S., economist warns
Pamela Heaven Apr 24, 2012 – 2:51 PM ET | Last Updated: Apr 24, 2012 2:56 PM ET http://business.financialpost.com/2012/04/24/time-running-out-to-buy-your-dream-home-in-u-s-economist-warns/ If you’re thinking of buying property in the United States, buy now because prices won’t stay in the basement much longer, says a BMO economist. “While there’s little urgency, now is likely a good time to [...]
The BoC’s household debt conundrum: Rate hikes or regulation?
Economists are pretty much in agreement that the Bank of Canada, while still maintaining its interest rates at a stimulus-level 1.00%, also adopted a more hawkish tone in its latest comments. Mark Carney, governor of the central bank, highlighted an improving global economic outlook while also noting that household debt burdens have become the biggest [...]
The debate over Canadian debt data
grant robertson — BANKING REPORTER From Tuesday’s Globe and Mail Published Monday, Feb. 13, 2012 7:32PM EST It’s the one piece of economic data in Canada that has drawn more attention than any other in the past year. At times, its presence has served as a gentle reminder for consumers to keep a lid on [...]
Facebook: The world’s third-biggest population readies an IPO
Globe and Mail Update Published Wednesday, Feb. 01, 2012 7:45AM EST Investors await Facebook Forget about manufacturing stats and the corporate earnings on tap. Today’s big event is expected to be the kickoff of Facebook’s eagerly-awaited initial public offering. As Simon Avery writes in today’s Report on Business, the social media giant is expected to [...]
Mortgages: Nail the right term length the first time