Mortgage Logic

Opinion

US Manufacturers Will Come out of Recession Meaner & Leaner

By / February 23, 2017

Unemployment not a concern of progressive means of production in US. At a recent CAAMP (Canadian Association of Accredited Mortgage Professionals) conference in Montreal, Benjamin Tal, CIBC economist said (paraphrased) that the most significant event that will come out of the current extended period of low interest rates will be the massive re-investment by manufacturers/exporters …

US Manufacturers Will Come out of Recession Meaner & Leaner Read More »

Cure for Housing Market Carries Risk

By / September 19, 2016

Steve Ladurantaye, Tara Perkins, and Bill Curry The housing market that led Canada out of recession is now so hot that Ottawa is talking about doing something to cool it off, a move economists say carries risks for the economy. Fuelled by record low interest rates, residential real estate prices have gained 20 per cent this …

Cure for Housing Market Carries Risk Read More »

Tal Talks Recovery, Dismisses Housing Bubble at CAAMP Session

By / September 19, 2016

Benjamin Tal kept an optimistic tone during his talk at the annual CAAMP conference, saying the recession is over, business bankruptcies are down, and key interest rates in Canada could remain low well into next year depending on when U.S. rates rise. “In Canada, there was no need to print money for stimulus during the …

Tal Talks Recovery, Dismisses Housing Bubble at CAAMP Session Read More »

A Rethinking of Monetary Policy

By / September 19, 2016

OTTAWA — The Great Consensus is coming undone. By raising and lowering short-term interest rates to keep inflation moving at a targeted pace, many central bankers and academics thought they had finally found a monetary policy solution to conquer the booms and busts of the business cycle. After such failures as the gold standard and …

A Rethinking of Monetary Policy Read More »

Schools Have Failed on the Financial Literacy Front

By / September 19, 2016

Globe and Mail Update February 23, 2009 The recent federal budget included the establishment of an independent task force to make recommendations on financial literacy, among other issues. Our organization, the Investor Education Fund, applauds this development and looks forward to working with such a committee. In the past nine years, we have learned that …

Schools Have Failed on the Financial Literacy Front Read More »