With surprise rate hike, Bank of Canada turns against housing market.
After promises of transparency, Americans aren’t allowed to know what’s being negotiated at their expense.
Wolf Richter Talks Shop on radio in Canada.
Sales volume crashes, prices plunge from April peak.
Canadian Finance Minister Boasts about Crony Capitalist Bailout of collapsed mortgage lender. But his assumptions might be wrong.
People “mistakenly believe their pension plans, mutual funds, and other investments are safeguarded.”
July rate hike for Canada is “in the bag.” Bank of England, ECB are scrambling.
Goes Bankrupt. Lays Off 2,900 People. Shareholders rue the day.
Same top firm that represents Target Canada in its insolvency proceedings.
New listings soar as sales plunge. Prices drop 6% in just one month.