World markets
| Shanghai | 2,302.40 | -2.71 (-0.12%) |
| Nikkei 225 | 15,627.26 | +246.24 (1.60%) |
| Hang Seng Index | 23,261.08 | -105.29 (-0.45%) |
| TSEC | 8,398.84 | +15.79 (0.19%) |
| FTSE 100 | 6,825.14 | +21.27 (0.31%) |
| EURO STOXX 50 | 2,814.68 | -6.97 (-0.25%) |
| CAC 40 | 4,024.61 | -11.57 (-0.29%) |
| S&P/ASX 200 | 5,165.40 | -14.70 (-0.28%) |
| BSE Sensex | 20,062.24 | -49.37 (-0.25%) |
| KOSPI | 1,993.83 | +12.74 (0.64%) |
Canadian housing construction to plummet 25 per cent: Mortgage lobby group
The Canadian Association of Accredited Mortgage Professionals is warning that new-home construction will drop dramatically within the next two years, resulting in a loss of about 80,000 construction and related jobs by mid-2015.
| 12,790.49 | +48.06 | (0.38%) | |
|
| 944.14 | +4.73 | (0.50%) | |
| 15,428.42 | +40.84 | (0.27%) | ||
| 1,673.72 | +4.56 | (0.27%) |
Top stories
Retail sales stayed flat at $39.5 billion in March, as sales increased in volume terms despite lower prices for gasoline. Statistics Canada said in volume terms, retail sales were up 0.7 per cent.
Almost a third of Canadian households report never or almost never having any money left to save after paying their bills, according to a new study issued Wednesday.
CALGARY - Fewer Calgary homeowners intend to buy a property in the next five years, according to the BMO Housing Confidence Report released on Wednesday.
Zoocasa, an online service for home seekers, is aiming to win market share with rebates to buyers and sellers that will refund roughly 15 per cent of the commission they pay their real estate agents.
Wed May 22, 2013 8:36am EDT. * First-quarter loss C$0.31/shr vs profit C$0.91/share last yr. * Revenue falls 6.6 pct, same-store sales dip 2.6 pct.
Trends
| Popular searches on Google | Change | Mkt Cap | |
| DI.UN | Dundee International Real Estate Inves | -0.09% | 777.68M |
Bank of Canada daily digest
| Money markets | Change | |
| Overnight rate | 1.00% | -0.0019 |
| Corporate paper, 1 month | 1.12% | 0.00 |
| Treasury bill, 1 month | 0.950% | 0.00 |
| Inflation | ||
| Total consumer price index | 0.400% | -0.6000 |
| Interest rates | ||
| 10 year bond | 2.34% | 0.00 |
| Prime business rate | 3.00% | 0.00 |
| Conventional mortgage, 5 yrs | 5.14% | 0.00 |