Tony’s Latest Updates – April 17,2015

April 16, 2015 under Tony's Latest Updates
On Wednesday our Bank of Canada kept interest rates on hold as the Country deals with the impact of the drop in the price of oil. Economic growth in Canada and the globe remains constrained highlighted by slowing growth in China, falling inflation in India and minimal improvement in Japan. The European Central bank also kept its monetary policies unchanged with the bright spots being Germany and the UK. Employment
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Solid start to spring pushes prices up

April 16, 2015 under Useful Articles
by Olivia D’Orazio | 14 Apr 2015 Home prices across the country are benefitting from the spring thaw, reversing a four-month decline in year-over-year prices, according to Teranet-National Bank. In its latest Housing Price Index report, the data compiling agency said housing prices rose 4.7 per cent in March, compared to the year-ago period. That increase, it said, represented “an acceleration from February
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Vancouver house prices to hit $4.4 million

April 14, 2015 under Useful Articles
by Jamie Henry | 07 Apr 2015 A credit union in Vancouver is warning that the city’s detached family homes will cost an average of $4.4 million by 2030 is current trends continue. Vancity says that the current average of $1.9 million for a new or existing detached home will more than double in the next 15 years if left unchecked. Although industry experts say that the projection is fantastical and theoretical Vanc
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BOJ’s easing said unsustainable

April 12, 2015 under Useful Articles
BY REIJI YOSHIDA   This is the second story of a four-part series on evaluating Prime Minister Shinzo Abe’s namesake economic program, backed by the aggressive monetary-easing by the Bank of Japan.   The launch of aggressive monetary easing by the Bank of Japan stunned financial markets two years ago.    But is it still sustainable? If not, how long can it continue?   The main component o
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