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It’s been some time since companies could raise cash in debt markets and come away feeling like they got the better end of the deal.
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It’s been some time since companies could raise cash in debt markets and come away feeling like they got the better end of the deal.
China’s all-or-nothing stock market is losing momentum, after three months of what might be best described as forced buying of a deeply oversold asset.
New Statistics Canada data shows investors made up almost one third of homeowners in some provinces in 2020.
A gauge of US services snapped back in January after an end-of-2022 slump, suggesting a resurgence in consumer demand that leans against concerns of an imminent economic slowdown.
Sales in the Toronto housing market ground to the slowest pace since the first month of the pandemic as buyers contend with some of the highest borrowing costs they’ve seen in 15 years.
May 27, 2021
The Canadian Press
OTTAWA - The new CEO and President of the Canada Mortgage and Housing Corporation says she believes achieving the organization's goal of facilitating attainable housing for all Canadians by 2030 will be more difficult because of the pandemic.
Romy Bowers told a parliamentary committee Thursday it's because the pandemic has deepened the divide between the “have's and have-not's,” particularly with the sharp increase in housing prices over the past year.
However, Bowers says there is more widespread awareness about inequality as a result of the pandemic, and she hopes there will be more public support to tackle those inequities around access to housing
Bowers became the new head of the CMHC in March after the departure of Evan Siddall.
She says the biggest challenge around affordable housing continues to be a shortage in housing supply in the country.
She also says the CMHC's goal of tackling systemic racism and inequities faced by minorities are especially important to her as a person of Asian heritage.