Tag: BoC
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The Revival – April 2022
Greetings Friends, In true Ontario fashion, yesterday we enjoy a sunny spring day (actually saw folks in tee’s and shorts!) and today we are battling grey skies and wet flurries. Equally as undecided, Ontario’s real estate is trying to pick a direction too. However, we will get into that below. At Ontario Assets, Katherine and I had…
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Quantitative Sleaze –
Quantitative Sleaze – How The Bank Of Canada Mislead Politicians On Real Estate & QE ExternalInbox By Peter Sunwasi Canada’s central bank head piqued the interest of economists, and not because of his dazzling personality. Speaking to lawmakers, the Bank of Canada (BoC) Governor Tiff Macklem explained quantitative ease (QE) has no impact on housing. He further explained…
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Secret Memos
The CBC has uncovered the BoC’s recession toolkit, and it looks promising for us real estate investors. This document is the Bank of Canada’s plan in the event of a coming recession. The “secret memo” highlights more quantitative easing (money printing), interest rate reductions (even negative rates) and monetary stimulus to businesses/families (think UBI.). All…