Housing drop looming in Canada?
Canadian market seems to be tracking that of the U.S., with two-year lag, BMO Nesbitt economist says
Canadian market seems to be tracking that of the U.S., with two-year lag, BMO Nesbitt economist says
Retail sales provide first solid evidence that Canadians are scaling back on gas as 'we reached a bit of a breaking point'
In the low-rate days of 2003, big pension and hedge funds were hungry for higher yields – and upstarts like IndyMac were only too eager to please. Their creations became time bombs that still threaten the financial system
| Rank | Headline |
|---|---|
| 4. | Online petition protests Rogers iPhone planSite launched Friday now has more than 16,000 people complaining prices too high |
| 5. | Canada's housing boom is over, bank saysTD economists say increases in house prices have cooled considerably, but flip side is that homes are becoming more affordable |
| 6. | The danger zones of 2008This week's TSX plunge was proof that the markets are enduring the most dangerous – and narrow – year since 1974. So far, the winners are a select breed of commodity-related stocks. The losers? Just about everything else |
| 7. | Ottawa tightens mortgage rules to avoid 'bubble'Finance Department says its aim is ‘to reduce the risk of a U.S.-style housing bubble developing in Canada' |
| 8. | U.S. brand sets sights on Canada as HBC gets new ownerNew York real estate magnate says he is committed to the Bay name but will import his tony Lord & Taylor brand |
| 9. | Home prices slip for first time in nine yearsRecord number of houses are listed in first half of 2008 as sales slow down |
| 10. | Undervalued loonie set to rise, economists sayCurrency's appreciation 'a response waiting to happen' given high oil, likely delay in Fed rate hikes |
| 11. | Wireless license sale sets stage for cheaper servicesWireless spectrum auction concludes with $4.25-billion of bids; two new entrants may take run at forming new national company |
| 12. | Toronto market closes sharply lowerLower oil price hits energy stocks on TSX; U.S. shares also end lower after afternoon turnaround attempt fizzles |
| 13. | Bombardier baffled by derailed streetcar contractToronto Transit Commission reopens bidding for $1.25-billion contract following failed test |
| 14. | Stagflation shakes economists' outlook‘This is a pressure cooker running over the boiling point,' BMO's Sherry Cooper says |
| 15. | Meet Canada's first iPhone buyerHalifax casino employee stood in line for almost six hours to buy the device |