Monday, 17 February 2014

Why many U.S. renters are just saying no to buying homes

With a wife ad a 10-year-old daughter, Matthew Amster-Burton appears to be one of the likelier people to buy a house, but the Seattle food writer says he has no interest in doing so.“It does feel weird sometimes, because it’s supposed to be the grown-up thing to do,” says Amster-Burton, 38. ” … But it’s really not my goal, and it does seem like I’m swimming against the tide sometimes.”

Wednesday, 12 February 2014

Canada budget 2014 looks to slash public servants’ benefits in effort to save billions

Jim Flaherty lowered his outlook for this year’s deficit to $16.6-billion from the $17.9-billion estimate in his November fiscal update. For 2014-15, the shortfall forecast has been lowered to $2.9-billion from $5.5-billion. 

Tuesday, 11 February 2014

No U.S.-style housing market meltdown for Canada: CIBC

A new report released by CIBC World Markets found that a U.S.-style housing meltdown is not likely to occur in Canada. Benjamin Tal, deputy chief economist at CIBC argues that there are fundamental differences that set the Canadian market apart from the U.S. market.

Wednesday, 5 February 2014

Don't Pay until....NOW?!

 "Buy Now, Pay Later" sounded great when you were merrily shopping for the holidays and collecting shiny new things that were just a signature away. Unfortunately "Later" is now here, and you may have a mailbox full of credit car d statements to prove it. Add those to your existing debts and you have the makings of a true holiday hangover. 

Monday, 3 February 2014

The Fragile Five: What you need to know about the 5 emerging markets causing chaos in world markets

Last year Morgan Stanley declared the Brazilian real, the Indonesian rupiah, the South African rand, the Indian rupee, and the Turkish lira as the “Fragile Five.”