Real Estate

November 23, 2017

Chris Bourke of Bloomberg wrote a piece about Australia’s housing market that interested me because of Canada’s presence in the charts: Click for Big That represents the failure of Canada’s housing policy since 2006 – the vast expansion of the CMHC insurance books has enabled the banks ...

The challenge

Okay, dogs, here’s the question: could you find $400 a month, if you had to? Apparently 82% of Canadians cannot. A bank survey this week discovered a hundred dollars a week is beyond the capacity of the vast majority of people – they spend virtually everything they earn. No surprise that 79% o ...

Canada’s National Housing Strategy Announced, Who Really Wins?

Tweet Although Canada’s Federal Liberal Government has JUST announced the overview of the new National Housing Strategy I thought it important to get our first initial thoughts out given the importance of the intended and unintended consequences of the details they have released so far.  MUCH m ...

Trudeau government’s new housing benefit seems to ignore regional differences

Authors: Josef FilipowiczSteve Lafleur Toronto, Vancouver and other high-demand cities should focus on getting more housing built, at a quicker pace. Read more about Trudeau government’s new housing benefit seems to ignore regional differences Tags:  housing affordable housing housi ...

Life at railway speed: lessons from the technology hype cycle

In 1845, Scottish poet and author, William Aytoun, published his satire, How we got up the Glenmutchkin Railway, and how we got out of it. His story focused on the railway stock frenzy that gripped Great Britain, with the aim of bringing awareness to what he saw as madness, “if anyone ha[d] the s ...

Tech Talk for Wednesday November 22nd 2017

Pre-opening Comments for Wednesday November 22nd U.S. equity index futures were higher this morning. S&P 500 futures were up 2 points in pre-opening trade. Trading volumes are expected to diminish significantly this afternoon prior to start of the U.S. Thanksgiving holiday. Index futures were virtu ...

Up, up, up

Tuesday rush hour, at the foot of Bay Street outside Union Station, downtown Toronto. _____________________________________________________________ Around the time of Y2K, which most Millennials never heard of, investors went goey for tech. Nortel exploded (before it imploded). The NASDAQ surged d ...

Unleashed

Being paleo, I’m no Bitcoin buddy. But you can’t ignore this thing. There’s a growing mob of people convinced the future of money will not be like the past. No fiat currency. No central banks, No government controls. No interest rates. No printing presses. No cash tied to political decisions ...

Toronto’s tech buzz is awesome, but results are what will ultimately matter

By any measure, Canada’s venture capital market, and the ecosystem as a whole, appears to be on fire. I can’t think of a time over my 10+ years of blogging when I might have said that, which is notable in its own right. Choose your own metric: number of industry events, flow of equity, s ...

Tech Talk for Monday November 20th 2017

Pre-opening Comments for Monday November 20th 2017 U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged in pre-opening trade. Wal-Mart dropped $0.89 to $96.58 after Goldman Sachs downgraded the stock to Sector Perform from Outperform. Vale added $0.09 to $10.20 after RB ...