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What Will Canadians do With All Their New Equity?
By The Spy on July 22, 2021

Millions of Canadians have “won” the Canadian housing lottery in the last year. Of the three quarters of homeowners who have owned for more than five years, they’ve amassed over...

Mortgage Rates: Give Them Time
By The Spy on July 12, 2021

Bond yields have sunk this month. And it’s taken no time for skeptics to pronounce that inflation fears are therefore unfounded.

Is the BoC Not Telling Us Something?
By The Spy on June 26, 2021

There’s a widening chasm between what the Bank of Canada is telling Canadians about inflation and what corporate leaders expect. The following chart ain’t pretty, and it contrasts starkly with...

Key Government Rate Falls to 3-Month Low
By The Spy on June 11, 2021

. One truth in economics is that mortgage rates typically follow inflation expectations, at least over time. That eventually poses a problem for borrowers, particularly after consumer prices take flight,...