According to the Global Competitiveness Report, Canadian banks received the highest ranking, 6.8, out of a possible 7.0 (healthy, with sound balance sheets). The lowest ranking of 1 means insolvent and possible government bailout.
Canada’s stock has been rising quietly – the Canadians are known for their modesty and self-restraint – as American financiers and media [...]
Archive for February, 2009
Toronto real estate. Canadian Banks Receive Highest Rankings
February 27, 2009Toronto real estate. FEBRUARY REAL ESTATE UPDATE
February 9, 2009Canadian housing starts fell to the lowest since 2001 as work on urban single-family dwellings plunged to the lowest level since 1996.
New home starts fell 11 percent in January to 153,500 units on an annualized basis, the fifth straight decline, Canada Mortgage and Housing Corp. said today, February 9th, from Ottawa. Economists anticipated the pace would [...]
GTA real estate. GREATER TORONTO AREA HOUSING MARKET UPDATE
February 1, 2009As expected, the Canadian housing market has performed quite differently from region to region across the country. The number of units sold has decreased in double digits in some areas while prices dropped slightly in most areas. The most significant price decreases were in Canada’s most expensive city, Vancouver, which has experienced above average price [...]
