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Insights from Economists and Experts: Forecasting the Future of the Real Estate Market

The Canadian real estate market has been experiencing much uncertainty, with many people wondering which direction it will go. The market has already seen a drop of 20% from its peak in some cities, but the pause in interest rates could motivate buyers and increase their confidence.  With much uncertainty surrounding the real estate market, …

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Global Banking Crisis: Impact on Mortgage Rates and the Canadian Economy

A few U.S. banks and one significant European bank collapsed or were in danger due to recent instability in the global banking industry. As a result, market observers were apprehensive and worried about a domino effect similar to the one that caused the global financial crisis of 2008 after Silicon Valley Bank (SVB) collapsed and …

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Rising Car Theft Rates Prompt Calls for Stronger Digital Security Measures

Car theft is becoming an increasingly rampant problem across Canada, with alarming statistics showing that at least 32 cars are being stolen daily in Toronto alone. This has prompted police to launch primary operations such as Project Touchdown, which aims to intercept illegal guns, drugs and cars stolen by organized criminals. In addition, thieves have …

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A Possible Pause in Interest Rates and the Impact on Housing Markets

On April 12, 2023, the Bank of Canada is set to announce whether it will increase interest rates. The decision has to be announced in mid of the banking crisis in the US. Two US banks have collapsed, prompting government agencies to take emergency measures to backstop the financial system. The collapse of the banks …

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