Posts Tagged ‘Bank’

Worst may be over for the housing market

July 16, 2009admin Comments Off

Here is an article written by Garry Marr of the Financial Post. It talks about the real estate market in Canada and that we are starting to see signs that the market may have truned the corner.
We are seeing similar signs in the Vancouver real estate market and many are now saying that the price [...]

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500,000 Canadians 90 Days Behind on Credit Payments, Delinquency Rate Hits 1.52%; US Delinquency Rate is 1.32%

July 7, 2009admin Comments Off

Those who think Canada is immune from credit problems need to think again. Over 500,000 Canadians are at least 90 days behind on credit payments. Please consider how Debt is tripping up Canadians.
More than half a million Canadians have fallen behind on their various credit payments, fuelling a 19 per cent [...]

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Canadian Banking: Sober, Boring, and Successful

June 16, 2009admin Comments Off

It wasn’t so long ago Canada’s banking system was considered behind the times. Almost cute, an antiquarian relic, it banked in the old ways… and it was holding Canada back.
After all, while real estate throughout the world was doubling every few years, Canadian homes were moving up relatively modestly.
While risk in the rest of the [...]

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