July 09, 2024
June 02, 2024
Mark Carney is the Chair of Brookfield Asset Management and poised to take Justin Trudeaus place. Listen to Michelle Rempel Garner PC MP express her thoughts about Mark Carney the global arch-elitist who will make Justin Trudeau seem like a Conservative.
https://www.brookfield.com/about-us/leadership/mark-carney
https://en.wikipedia.org/wiki/Michelle_Rempel_Garner
youtube.com/watch?v=FMpiUCgHYLw&t=214s Cut and Paste for Michelle Rempel Garners Words
May 15, 2024
CBC Spins Job Stats- The Toronto Sun said the majority of the 90,000 jobs created last month were part-time, 50,000 part-time to 40,000 full-time and 28% of the job growth was in the public sector. Once again, the economy failed to keep pace with the population growth, something Statistics Canada has been warning about for months. StatsCan has said in the past we need an average of 50,000 new jobs being created each month to keep up with our immigration-driven population growth and we simply aren’t getting that. Even last month, the 90,000 jobs created didn’t keep pace with the 108,000 people who entered the labor force. When you subtract part-time employment and public employment creation the number of jobs created is more in line with the forecast of 20,000 jobs.
May 14, 2024
Tiff Macklem the Governor of the Bank of Canada Warns of Sharp Corrections– Mr. Macklem in his latest announcement states some indicators of stress have risen and some financial assets have become stretched. He states this could increase the risk of a sharp correction, which could generate system-wide stress. He goes on to say the recent rise in the use of leverage in non-bank financial institutions is a concern. Companies are borrowing money from things they own. He states this could be an amplifier of the effects of such a correction. He states that participants need to remain proactive and financial authorities need to remain Vigilant. In summary, he said people are still struggling with inflation and people are having a hard time paying their bills. Companies have stretched all their money out and have over-leveraged assets based on a market that is primed for correction. https://www.youtube.com/watch?v=Qv4VXcXUVgE
April 2024
CMHC Rental Market Report Released; January 2024 National Rental Landscape, City-Specific Market Trends, Affordability Decline: Author CMHC
CMHC HOUSING MARKET INFORMATION RELEASED: FEBRUARY 2022
The Cost to Rent Rises While Rental Listings Fall in GTA April 21 2022