Canadian Residential Markets Searching for Valuation Limits

Canadian Residential Markets Searching for Valuation Limits
By Ron Friesen Residential real estate sales in June continued to reach volume above the ten-year average in British Columbia provincial statistics but have dropped off 9.6 percent from June 2016. However, with prices continuing to rise, the dollar value of sales dropped by only 5.6 percent during the same period. “Although home sales remain well off the record pace... Read More

Weekly Stock to Watch

Weekly Stock to Watch
This week’s stock to watch is Circa Enterprises Inc. , an engineering company that designs,  manufactures, markets, and sells products to a broad range of industries. Circa’s operations consist of two distinct business lines – the first being telecommunications surge protection and related products, sold primarily to the United States market, through Circa Telecom, and the second being fabricated metal... Read More

Concerns over household debt in Canada are overblown

Concerns over household debt in Canada are overblown
The drop in interest rates has been so significant that the interest burden of servicing debt has declined as a share of income, despite growing household debt. By Livio Di Matteo Senior Fellow, The Fraser Institute Troy Media With headlines about Canadian household debt hitting record levels and dire warnings from top policy-makers such as Bank of Canada governor Stephen... Read More

Alberta is the engine that drives Canadian growth

Alberta is the engine that drives Canadian growth
What would Canada’s economy and public finances look like without Alberta? It wouldn’t be pretty By Ben Eisen and Steve Lafleur The Fraser Institute Troy Media During his Canada Day speech, Prime Minister Justin Trudeau accidentally caused a stir by forgetting to mention Alberta when listing all of Canada’s provinces and territories. It was surely an oversight rather than intentional... Read More

Gold, Oil and Interest Rates

Gold, Oil and Interest Rates
By Ron Friesen I am not a certified market analyst or financial professional. I am a businessman, Realtor® and writer with an unnaturally enthusiastic interest in business and how things work. Never stop asking why, I say. With this in mind you understand my articles are not intended as investment advice and are written only to entertain and stimulate constructive... Read More

Vancouver Company Beats UberEats to the Punch

Vancouver Company Beats UberEats to the Punch
Finally – Vancouver has its own technology based delivery service that brings virtually anything to your door within an hour. ParcelPal Technology Inc. (CSE: PKG) is the first and only rapid delivery service in Vancouver, even beating out UberEats. iOS users can download the app and order food from hundreds of local restaurants, liquor stores and medical marijuana dispensaries.  President... Read More

Changes in financial services impacts investors

Changes in financial services impacts investors
by Derek Wood The financial services business has undergone major changes over the last 30 years. Probably the biggest change began in 1987 when banks were granted permission to own brokerage firms. Today it is estimated that between 80% and 90% of Canadian retail investment assets are under bank administration. Other changes to the investment industry that have occurred include:... Read More

Zecotek to develop console for German auto manufacturer

Zecotek to develop console for German auto manufacturer
Zecotek Photonics Inc. (TSX-V: ZMS; Frankfurt: W1I.F, OTCPK: ZMSPF), a developer of leading-edge photonics technologies for industrial, healthcare and scientific markets, is pleased to announce that it has signed a joint development agreement with one of Germany’s leading automobile manufacturers, to develop a brand specific, 3D head-up display (HUD) and entertainment console. As previously announced on December 14, 2016, and... Read More

Vancouver Developers Nervous About Sustainable Future

Vancouver Developers Nervous About Sustainable Future
By Ron Friesen Valuation growth in the Vancouver residential real estate market is slowing down. Really? It depends how we take our measurements. Buyer velocity continues with lower than traditional inventory available for sale. At the same time the rate of property valuation is slowing, though not yet devaluating. Is there a limit to how much buyers are willing, or... Read More