TD starts the week off when a 20+ page report on the Canadian housing market. They have revised their over-valuation of Canadian real estate to 8% -down from 10%- due to rising personal income and weaker price growth. However, the outlook varies greatly from city to city. Below is a quick recap starting with our city: Calgary: TD […]
Canada’s outlook is a bit bleaker in part because consumers are trying to pare down their debt loads
The following excerpt from the CBC website today is the same news we have been hearing for nearly four years now: “Canada’s outlook is a bit bleaker in part because consumers are trying to pare down their debt loads,” TD said Tuesday. (Canadian Press) The Canadian economy is stuck in neutral, dragged down by debt-laden […]