The BIS Warns Of Risk To Canada's Banking System

The Bank of International Settlements, BIS, has recently warned that Canada is facing some pretty elevated risks with regard to its banking system, as a result of its growing debt.
 The Bank of International Settlements, BIS, has recently warned that Canada is facing some pretty elevated risks with regard to its banking system, as a result of its growing deb… https://pressfortruth.ca/top-stories/bis-warns-risk-canadas-banking-system/

Canadian Real Estate: Ready To Pop?

Canada Mortgage and Housing Corp. announced just this week that an overvaluation had been detected within a number of different cities across Canada that it monitors.
Some financial experts say that Canada has one of the most overvalued real estate markets in the world. Although, there are many others who remain in denial and have become numb to… https://pressfortruth.ca/top-stories/canadian-real-estate-ready-pop/

U.S. Economy Too Weak For Rate Hike

The Fed has made promises to raise interest rates several times this year but once again they've decided not to. Another failure to raise rates signals weakness in the market.
The Federal Reserve was expected to release their policy decision today on whether or not they will be increasing interest rates and they've decided once again to halt from doing s… https://pressfortruth.ca/top-stories/us-economy-weak-rate-hike/

Canada Looks To Implement Negative Interest Rates

Not only has the European Central Bank endeavored to issue negative interest rates, followed by Japan initiating the same, but now it looks like Canada wants to follow a similar path.
Not only has the European Central Bank endeavored to issue negative interest rates, followed by Japan initiating the same, but now it looks like Canada wants to follow a similar pa… https://pressfortruth.ca/top-stories/canada-looks-implement-negative-interest-rates/

Will The Fed Raise Rates This Fall?

Financial experts are divided on whether or not they believe the Federal Reserve is going to come out next week and finally raise their interest rates for the first time in nearly a decade.
Financial experts are divided on whether or not they believe the Federal Reserve is going to come out next week and finally raise their interest rates for the first time in nearly … https://pressfortruth.ca/top-stories/will-fed-raise-rates-fall/

Harper Blames Foreigners For High Real Estate Prices

Prime Minister Stephen Harper announced some new measures this week, that would aim to track foreign home ownership in Canada. “Canadians [are] struggling to find a home,” says Harper, and he points the finger at non-resident foreign buyers.
Prime Minister Stephen Harper announced some new measures this week, that would aim to track foreign home ownership in Canada. “Canadians [are] struggling to find a home,” say… https://pressfortruth.ca/top-stories/harper-blames-foreigners-high-real-estate-prices/