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  • October 22, 2014
  • Last updated: 5:31am
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Results 1 - 10 of 16 for debt

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  1. Property - International - CANADA

    Bank of Nova Scotia chief says fears of housing bubble exaggerated

    Posted Oct 15th 2014, 05:09am by Bloomberg

    ... debt, and their household balance sheet including other assets is in very good shape," Porter said. Canada's ratio of household debt to disposable income rose to 163.6 per cent between ...

  2. Property - International - CANADA

    Canada's housing agency curbs condo mortgage insurance

    Posted Jun 11th 2014, 04:39am by Reuters

    ... and Housing Corp (CMHC) also said it will restrict mortgages insured via low loan-to-value insurance by limiting their maximum purchase price, mortgage length and debt service ratio. The changes ... on too much housing-related debt. "The changes are a business decision designed to increase market discipline in residential lending while reducing taxpayers' exposure to the housing ...

  3. News - World - CANADA

    Ontario Liberals celebrate shock election walkover

    Posted Jun 14th 2014, 04:38am by Reuters

    ... crisis. Its debt sits at C$288 billion. The election is Wynne's first. She succeeded Dalton McGuinty as premier and party leader early last year after he resigned amid a series of scandals, ...

  4. Property - International - CANADA

    Vancouver leads way as Canada experiences boom in home building

    Posted Mar 12th 2014, 05:03am by Bloomberg

    ... crashes that happened in the United States and Britain, citing the example of the stability of Australia where overall consumer debt burdens were higher than Canada. Consumer spending brought Canada through the worst of the 2008 global financial crisis as banks avoided collapse while low interest rates and government stimulus boosted debt-fuelled home buying. "The household ...

  5. News - World - CANADA

    Alberta’s ruling Progressive Conservatives suffer new defection

    Posted Mar 18th 2014, 09:21pm by Reuters

    ... on capital programmes to cope with rapid population growth. This has added billions in debt to a province that had prided itself on being debt-free before her election. Redfor agreed earlier ...

  6. Property - International - CANADA

    CIBC economist sees risk in lack of Canadian housing data

    Posted Apr 09th 2014, 04:28am by Reuters

    ... opinions based on anecdotal evidence or "questionable macro-based indicators" such as the debt-income ratio, he said, noting these opinions were usually bearish. "The 'Short ...

  7. Property - International - CANADA

    Bank of Canada's low-rate pledge revives fears of housing bubble

    Posted Oct 30th 2013, 05:06am by Reuters

    ... get a good rate, but are they getting into the market only because of that? Debt is at record levels, and we know consumers are biting off more than they can chew financially, so does ... year, worried by soaring household debt levels, it began warning its next move would be a rate hike and that Canadians should plan accordingly. But even as it continued to acknowledge ...

  8. Property - International - CANADA

    Canada's housing market set for soft landing after recent gains: economist

    Posted Oct 23rd 2013, 04:49am by BLOOM

    ... weakness in that area, but not of a systemic variety." Canada's ratio of debt to disposable income reached a record 163.4 per cent in the second quarter. Recent gains in the housing ... of Nova Scotia. "We are still at very lofty premiums, record-high 70 per cent home ownership rate, record- high debt-to-income ratio, record-high renovation spending," Holt said. "I ...

  9. Property - International - CANADA

    Canadian housing starts climb in October, adding to bubble fears

    Posted Nov 13th 2013, 04:01am by Reuters

    ... market has rebounded this year after a sharp slowdown in the second half of last year, when the government tightened mortgage lending rules to prevent homebuyers from taking on too much debt ...

  10. Property - International - CANADA

    Canada's summer surge in home sales slows as interest rate fears abate

    Posted Nov 20th 2013, 05:12am by Reuters

    ... itself and is due for a correction. Concerned about high levels of household debt, the government has tightened credit rules four times since the financial crisis. After the latest intervention, ...




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