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

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

Vancouver on The Bleeding Edge of Clean Technology

Vancouver on The Bleeding Edge of Clean Technology
By Ron Friesen On June 19, in his press question-and-answer session after the Finance Ministers meeting in Ottawa Federal Finance Minister Bill Morneau told reporters the meeting covered several key topics. These included the state of the Canadian economy, US trade relations with Canada, taxation of cannabis and the tax fairness agenda intended to insure all Canadians pay their fair... Read More

Investors Needed to Fund Ideas for New Urban Solutions

Investors Needed to Fund Ideas for New Urban Solutions
By Ron Friesen The rate of change in urban planning, as exemplified in Vancouver, BC is naturally and understandably causing some homeowners and veteran city dwellers to feel their interests and way of life are being left behind. Single-family homes are being replaced at an accelerated rate with multi-family homes along primary transportation corridors. Increased living density delivers a great... Read More

Has Real Estate Become More Valuable, Or Just More Expensive?

Has Real Estate Become More Valuable, Or Just More Expensive?
By Ron Friesen When a commodity does not offer added value in terms of location, shelter or otherwise, but the amount of currency required to obtain ownership has increased we would say it is more expensive, not more valuable. Let’s look at the relationship between purchase price and currency valuation. There are a number of explanations for the recent rapid... Read More

British Columbians bracing for NDP economic hits

British Columbians bracing for NDP economic hits
By Ellsworth Dickson Vancouver radio station CKNW has reported that British Columbia’s NPD leader John Horgan wrote a letter to the president of BC Hydro asking them to stop work on the huge Site C Energy (dam) Project in northern BC. As of today (June 5), John Horgan is not even premier of the province, although he expects to be... Read More