Home prices in Canada are falling, and some homeowners could be in serious trouble
By Wolf Richter, Wolf Street From Business Insider With Canada’s home prices no longer guaranteed to soar, and with debt at record levels and growing, households are exposed to higher rates. The Bank of Canada has raised rates twice this…
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Cautious optimism about first steps to curb tax dodging
From NUPGE.ca “It is too early to be certain whether this dip is an emerging trend, or just a blip as has happened before. But this could be a sign that global efforts to curb corporate profit shifting to tax…
Toronto has a boatload of unoccupied homes
By Daniel Wong, Better Dwelling From Business Insider Hold my beer Vancouver, we got this. The newly released 2016 Census numbers from Statistics Canada, show the City of Toronto saw Vancouver’s 25k+ unoccupied homes, and trumped it by another 74k…
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BEHIND THE HEADLINES: Why offshore financial services declined
By Tony Best From Barbados Nation News Barbados’ offshore financial services jurisdiction is suffering from the impact of a triple whammy of body blows, with more pain to be felt soon. The cumulative damage was summed up in the recent…
10 fast facts about Caribbean immigrants In Canada
From News Americas Now News Americas, TORONTO, Canada, Mon. April 25, 2016: Starting May 2, 2016, Statistics Canada will begin sending census letters and packages to all Canadian households, including Caribbean nationals or West Indians who call the country home,…
Canadians’ offshore tax-haven holdings [including Cayman] rise 10 per cent, to $170-billion
By Janet Mcfarland From The Globe and Mail Canadians had $170-billion invested in the world’s top 10 tax-haven countries at the end of 2013, a 10-per-cent increase from a year earlier as growing sums flow into foreign investment accounts. A…
