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Author Archives: Pam Martin

The debate over Canadian debt data

February 21, 2012 in Pam's News by Pam Martin
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

February 1, 2012 in Pam's News by Pam Martin
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 [...]

Aging baby boomers helping change Canada’s housing market: CMHC

January 13, 2012 in Pam's News by Pam Martin
Julian Beltrame OTTAWA— The Canadian Press Published Thursday, Dec. 29, 2011 4:51PM EST Last updated Thursday, Jan. 05, 2012 4:20PM EST Demographic changes from aging to immigration flows are helping shape Canada’s housing market of the future, the federal housing agency suggests in its annual report. The Canadian Mortgage and Housing Corp.’s study of housing [...]

Canada’s economy surges ahead

December 2, 2011 in Pam's News by Pam Martin
Christine Dobby Nov 30, 2011 – 7:06 PM ET The Canadian economy was not as bad as first feared in the third quarter. In fact, it was much better than almost anyone had hoped. Fuelled by record monthly output from the oil-and-gas and mining sectors and overall export strength as temporary headwinds drifted away, third-quarter [...]

Low interest rates making home ownership slightly more affordable, says RBC

November 28, 2011 in Pam's News by Pam Martin
By The Canadian Press OTTAWA – A new report finds low interest rates are keeping Canadian house prices within reach of homebuyers in many markets. The Royal Bank’s quarterly report on housing trends, released early Friday, shows housing affordability improved slightly in the third quarter, after two consecutive quarters when things got worse. RBC chief [...]