Industry News

Keeping clean credit

April is the beginning of real estate season — and clients shopping for new mortgages. But for every approved mortgage come a few that are rejected because of questionable credit histories. The problem is most clients don’t realize there is anything wrong with their credit until they experience a rejected mortgage or loan application, explains […]

By Mark Noble |April 11, 2007

3 min read

Briefly:

(April 10, 2007) Western Canadian cities will continue to have the highest levels of economic growth but the Conference Board of Canada says they are not expected to grow as fast in 2007 as they have in the past. Mario Lefebvre, director of the Conference Board’s metropolitan outlook service, says Calgary and Edmonton will lead […]

By Staff |April 10, 2007

3 min read

Income trusts could take another hit

Just when you thought things couldn’t get worse for the income trust sector, here comes an American initiative to increase taxes on Canadian income trust dividends. The U.S. House of Representatives Committee on Ways and Means introduced a bill recently that would force investors to pay the personal income tax rate of 35% on income […]

By Bryan Borzykowski |April 10, 2007

2 min read

Briefly:

(April 9, 2007) The most recent results of the RBC Consumer Attitudes and Spending by Household (CASH) index found that American consumer confidence is at its lowest level in six months. The survey, which measured the attitudes of 1,000 Americans earlier this week, found that overall consumer sentiment decreased by nearly seven points in April, […]

By Staff |April 9, 2007

3 min read