Housing market 10% overvalued in Canada amid condo risks, data uncertainty: TD executive – Ask a Vancouver Mortgage Broker

STORONTO — Canada’s housing market is 10% overvalued, with the biggest risks in condominium overbuilding and uncertainty over how many investors are buying, but the risk of a U.S.-style collapse is low, a top executive at Canada’s second largest bank said on Monday. Lisa Reikman, chief risk officer of Canadian banking at Toronto-Dominion Bank, said […]

Canadians have cause for economic optimism – Ask a Vancouver Mortgage Broker

Jim Flaherty’s forecast Tuesday of a weaker global economy, a bigger 2012 deficit than previously anticipated and a delay in the balancing of Ottawa books is likely to trigger the kind of headlines that get folks wringing their hands. Canada’s 1.4 million unemployed workers will fear an even longer wait for a decent job. A […]

Canada gets high score on quality of life index: study

By Derek Abma and Peter O’Neil Australia is seen as having the best quality of life among industrialized countries, one ranking ahead of second-place Canada, according to a report from the Organisation for Economic Co-operation and Development. However, it appears the clincher for Australia could be its high voter-turnout rates, which policy-makers in that country […]