Economic Update

Economic conditions have an impact on the mortgage rates that Canadian lenders offer borrowers. Below is a sampling of recent news on the economy of interest to Canadian home buyers and borrowers.

Financial Post Top Stories

Fri, 03 Feb 2012 22:12:12 Z
Portugal in pain as contagion fears ease
Eurozone contagion fears are suspended and astronomical risk premia on sovereign bonds have vanished, with the glaring exception of Portugal
Mon, 06 Feb 2012 12:10:20 Z
What you need to know before markets open
U.S. stock index futures are pointing to a lower open for equities today. Here are the stocks to watch
Fri, 03 Feb 2012 20:41:40 Z
What you need to know about tech venture investing
A look at how you can access the tech venture space and what you need to know before taking the plunge
Fri, 03 Feb 2012 16:27:34 Z
RRSP limits need increasing
The fact is for higher income Canadians, the RRSP limit, which is based on 18% of the prior year’s earned income, is not high enough
Fri, 03 Feb 2012 16:54:59 Z
Why do young people have to foot the bill for Boomer pensions?
The CPP provides high returns to those who entered the plan 40 years ago and it provides much lower returns to those entering the plan today

The Globe and Mail - National Page News

Mon, 6 Feb 2012 3:43 -0500
15-year-old boy dies after collapsing during hockey game
Police say boy collapsed after he had returned to the bench following his shift


Mon, 6 Feb 2012 2:03 -0500
Stintz leads anti-Ford rebellion over future of transit
As mayor celebrates deal without labour disruption, his TTC chief plans session to topple transit scheme


Mon, 6 Feb 2012 2:00 -0500
Let’s debate OAS based on fact, not perception
The Chief Actuary’s own numbers confirm the entitlement system’s financial health


Mon, 6 Feb 2012 2:00 -0500
The integrated approach to engaging Beijing
Canada should emphasize, constructively, that trade and human rights are inseparable


Mon, 6 Feb 2012 2:00 -0500
In search of red flags in the Shafia case
Who could have foreseen that a father could coldly engineer the murder of three daughters?


The Globe and Mail - World News

Mon, 6 Feb 2012 6:02 -0500
Abbas to head new unity Palestinian government
Agreement comes almost a year after the two sides signed a reconciliation deal


Mon, 6 Feb 2012 5:40 -0500
6.9 quake kills 13 in Philippines
Earthquake destroyed buildings and triggered landslides that buried dozens of houses


Mon, 6 Feb 2012 4:12 -0500
Syrian troops bombard Homs
Makeshift medical clinic and residential areas shelled in deadly assault


Mon, 6 Feb 2012 2:00 -0500
America’s down, but not out
Mark Carney says it’ll take years for the U.S. economy to recover. Nonsense, says American political scientist Charles Doran


Mon, 6 Feb 2012 2:00 -0500
The integrated approach to engaging Beijing
Canada should emphasize, constructively, that trade and human rights are inseparable


The Globe and Mail - Report on Business News

Mon, 6 Feb 2012 6:28 -0500
World markets wary as Greek talks drag
Investors in a jittery mood as Greek political leaders fail to reach deal over a fresh austerity package required to get bailout package


Mon, 6 Feb 2012 6:14 -0500
Greece scrambles to avoid default
Frustration reaches breaking point in euro zone; unions call 24-hour strike against more austerity


Mon, 6 Feb 2012 6:00 -0500
When it’s not a good idea to make an RRSP contribution
For some people in certain circumstances, it’s better to save in other ways


Mon, 6 Feb 2012 6:00 -0500
Ten cost-effective ways to test your product
Small business owners are busy, but testing and improving a product should be top of mind


Mon, 6 Feb 2012 6:00 -0500
My former employer is withholding some of my pay
The company claims the training bond I signed is worth more than what is owing to me


The Globe and Mail - Your Money News

The Globe and Mail - Real Estate News

Fri, 3 Feb 2012 13:52 -0500
Dunbar home near Pacific Spirit park gets three offers
With $100,000 spent on plantings, ‘the garden was to die for’


Thu, 2 Feb 2012 13:50 -0500
Inside a Toronto gallery home
No description available


Thu, 2 Feb 2012 13:49 -0500
Home of the Week: A home built for beautiful display
An art dealer’s live/work space designed by Superkül Inc. Architects draws on ‘high street dignity’


Thu, 2 Feb 2012 12:53 -0500
On Site: Boutique condo in Toronto’s Annex offers downsizers a luxe alternative
Project has only ten units, all over 2,000 square feet


Thu, 2 Feb 2012 10:13 -0500
Little Italy triplex scores $51,000 bonus
Investment property given thorough updating