Canada’s housing activity expected to be subdued in next few years
The Global Real Estate Trends publication from Scotiabank reports that second quarter housing data from Europe and North America indicate a cooling from first quarter activity amidst a generally improving trend. Read more:
Canadian Dollar Touches Three-Week Low on Speculation Economy Slowing
Canada’s dollar touched a three-week low as commodities and U.S. stock-index futures fell on signs of a slowing global economic recovery, reducing the appeal of currencies tied to growth. Read more:
At the open: Dow, TSX continue downward journey
Canadian bonds ended higher Tuesday, but well down from the highs they hit after the U.S. Federal Reserve said it was altering its policy stance to ensure continued support to the struggling recovery. Read more:
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