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Blog by Linda M Linfoot

Economic Highlights

September 17th, 2008
NORTH AMERICAN & INTERNATIONAL ECONOMIC HIGHLIGHTS • The 2008 federal budget gave birth to arguably the most dramatic change in Canada’s savings system since the introduction of the Registered Retirement Savings Account (RRSP). • The Tax-Free Savings Account (TFSA) is simply a tax exempt savings account which is available to any individual aged 18 and over. At this point, ...

The Informed Buyer - Seller Issue 9

September 4th, 2008
The Informed Buyer - Seller Issue 9

Housing Starts Surge

September 1st, 2008
Housing starts surge Latest month available: September   Canadian housing starts continue to defy expectations with starts rising a phenomenal 19.6% in September to an annualized 278,200 units, the highest level of starts since 1978. Market expectations had been for starts to moderate to 218,000. The increase came on top of an upwardly revised level in August of 232,700, originally estima ...