Category Archives: Open Topic

Mark Carney, we hardly knew ye’

Can you believe this?

Mark Carney is leaving us for the Bank of England!

Carney said he and Flaherty had enjoyed an effective partnership and added he will miss the camaraderie and clear sense of purpose he experienced with the finance minister. He praised the strength of the central bank and reiterated his confidence in it.

A smiling Flaherty said this moment is “bittersweet,” and that the loss of Carney will be felt in Canada.

Carney’s rumoured appointment to the Bank of England was the source of published reports last spring, and at the time he and the Bank of Canada denied the reports.

“I’m totally focused on my two responsibilities: as governor of the Bank of Canada, and the Financial Stability Board,” Carney told reporters on April 18. “I can assure you they add up to more than every waking hour of the day.”

I’d leave a job that added up to more than ‘every waking hour of the day’ as well.

FFFA! debt! sales! developers! buyers! $350k!

It’s that time of the week again!  Lets round up the recent news links and have our open topic chat thread for the weekend.  Here are few recent links to kick things off:

BC overboard in debt
Conditions favor buyers
Fewer hoops for developers
What $350k gets you
Teranet index is out
MOI / price change update
Bottom Calls!
Transit drives condo demand
Skytrain spread poverty
Fleeing debt for Canada
CMHC Tweets!
Island sales steady

So what are you seeing out there? Post your news links, thoughts and anecdotes here and have an excellent weekend!

FFFA! CONDO! HOMES! CREDIT! USA! BC! GLOOM!

It’s that time of the week again!

This is when we do our regular end of the week news round up and open topic discussion thread for the weekend.

Pull up a chair! Here are a few links to kick off the chat:

Horrible houses in bad areas for $500k+
BOC: Household debt is biggest risk
BC: Binging on Credit
USA vs Canada housing bubble
Get you drunk, take advantage of you
How bad is your market?
Why do Canadians owe so much?
The end of US mortgage deduction?
Canada sinks on US / Europe gloom

So what are you seeing out there? Post your news links, thoughts and anecdotes here and have an excellent weekend!

FFFA! SALES! CONDOS! INFLATION! RENT! POT!

It’s that time of the week again, this is when we do our regular end of the week news roundup and open topic discussion thread for the weekend.  Here are a few recent links to kick off the chat:

Winter freeze for Vancouver sales?
RET better than a new condo?
Calgary & Edmonton beat Vancouver
Don’t bet on inflation for home prices
Rent Vs. Buy
Everybody must get stoned
West Van waterfront acreage $20.00
Rona sales struggling
Shadow inventory?
Mr. Christie you make good condos
Really low sales

So what are you seeing out there? Post your news links, thoughts and anecdotes here and have an excellent weekend!