housing bubble

Blog
Nov 13, 2015
Image: rentassembly.org

Why I can't afford to buy a house

Davis Ballantyne Carr
When I read the CCPA's report on the housing bubble, my first thought was: what millennial is buying a house -- and can I have their job, please?
Blog
Dec 5, 2012
Image: BC Gov Photos/Flickr

The state of the B.C. economy in 2012

Marc Lee
As we close out 2012, B.C. finds itself in some precarious economic waters. Looking forward, the economic ball is in the government's court.
Blog
Jun 25, 2012
Photo: Martin Börjesson/Flickr

Deflating housing bubble risks recession

Andrew Jackson
Seen in isolation, Finance Minister Flaherty probably did the right thing in seeking to safely deflate the housing bubble and lower the growth of household credit. But he did it very late in the game.
Blog
Sep 29, 2011

Wage deflation confirmed

Andrew Jackson
In an earlier post, I noted that falling real wages, as indicated by July and August data from the Labour Force Survey, signalled trouble ahead.
Blog
Sep 16, 2011

Falling real wages signal trouble ahead

Andrew Jackson
The Labour Force Survey for August showed that average hourly wages were up by just 1.4 per cent from a year earlier. It seems that we have entered a period of falling real wages.
Blog
Aug 24, 2011

Recession ahead?

Andrew Jackson
TD Economics released a rather gloomy report, putting the odds of a U.S. recession at 40 per cent, and arguing that the Canadian economy is more vulnerable to recession than it was in 2008.
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