Economic Indicators

Housing boom has legs: CIBC economist

Interest rates are not going to rise any time soon, says a leading housing market expert, but it’s incumbent upon homebuyers to ensure they can carry their mortgage even if rates rise 200 basis points. Speaking before the Canadian Mortgage Conference and Expo in Toronto, hosted by The Canadian Association of Accredited Mortgage Professionals (CAAMP), […]

By Mark Noble |November 23, 2009

4 min read

Near-term inflation risks low: analysts

Policymakers in developed economies have employed every weapon in their arsenal to combat the recession, from slashing interest rates to near-zero, to good old fashioned money printing. With the recession now in the history books, market strategists are puzzling out what the result of lax monetary policies will be. Speaking at the Investment Counsel Association […]

By Steven Lamb |November 19, 2009

5 min read

Recovery slow, but sustainable

Investors worried that the market’s recovery ended in October should remain calm but cautious as the coming year will see a sustained economic recovery in North America, according to the chief investment officers at one transnational private bank. Momentum is driving the market, and since July, that has been tilted in favour of bulls, says […]

By Steven Lamb |November 4, 2009

3 min read

Expect a slow recovery, says Goodman

“A bird in the hand is worth two in the bush,” says Ned Goodman, quoting from one of Aesop’s fables, at Monday’s luncheon conference at Toronto’s National Club. “It’s my valuation tool for almost anything,” he says. In other words, better to have a sure thing than take a major gamble. Goodman, benefactor of the […]

By Sarah Snowdon |November 3, 2009

4 min read