One of the most controversial areas of the Canadian economy over the past several years has been the booming housing market, primarily led by the urban markets of Toronto and Vancouver. Proponents state that strong price rallies spur demand for home construction, while detractors list the steeply rallying home values as one of Canada’s top [...]
July 12th, 2016 Daily Market Commentary  ECONOMIC NEWS The Redbook Index, which measures same-store sales growth in US general merchandising stores, was down 0.3% and up 0.8% in month-over-month and year-over-year terms, respectively.  Commodities: Oil rebounded from a two-month low as a weaker dollar boosted the appeal of commodities while further disruptions worsened supply [...]
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