We’ve reached the end of another work week, so that means it’s time to do our news round-up and open topic discussion. Last week Dave beat me to the free-for-all post and to his credit he managed to find a batch of positive or at least ‘less negative’ news stories. This week I’m back in the drivers seat and that means old-testament style bad news mixed in with the good… Seems it’s still a lot easier to find the bad news. Here are some stories that have come to my attention this week:
–March home sales surge from last month, down over the year
-Vanoc: economic downturn means no profit for 2010
–West Van: A good place to go through foreclosure?
–Holborn re-evaluate Ritz project
–Job seekers swarm to Atlantic provinces
–Unemployment hits men hardest
–Carney warns of too much stimuli
–GMAC gambles on riskier borrowers
–Savvy: Leveraging equity in a falling asset
–Madoff mansion loses close to $2 million
So what are you seeing out there? Post your economic news, links and anecdotes here and have an excellent weekend!