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 year by a quarter point each time. But even these tiny baby steps push up […]
Home prices in Canada are falling, and some homeowners could be in serious trouble
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 units. Now with over 99k unoccupied homes in the city, speculation of Toronto real estate […]
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, to ensure there is an accurate count of the population. Canadians and residents of Canada […]
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 new analysis by Canadians for Tax Fairness, an advocacy group promoting equitable tax reforms, says […]