Jim Flaherty News
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The Canadian dollar gained from a one-year low against its U.S. counterpart amid speculation the Federal Reserve may not taper its monetary stimulus, known as quantitative easing, as soon as some investors anticipated.
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Home Capital Group Inc., the Canadian mortgage lender targeted by short sellers, plans to double its loan portfolio by adding customers turned away by the country’s biggest banks.
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Vancouver remains the least affordable city to buy a house in Canada while home ownership in Toronto is becoming more difficult, Royal Bank of Canada Economics Research said.
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Canadian Finance Minister Jim Flaherty said the loosening of fiscal and monetary policies in some countries may be increasing risks to the global economy.
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Canadian Finance Minister Jim Flaherty said steps he took to tighten mortgage lending rules over the past four years have helped to moderate price increases in the nation’s housing market.
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Canada’s banking regulator Julie Dickson says that her agency is a dark place, and that gives her comfort as she prepares to enter her final year on the job.
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Canada’s housing slump has only just begun and it is premature to say the market will have a so- called soft landing, said David Madani, an economist at Toronto- based Capital Economics Ltd.
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Royal Bank of Canada, Bank of Nova Scotia and six other large Canadian lenders are trading at the lowest premium to U.S. bank stocks in more than two years, as their American counterparts regain the confidence of investors.
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Canadian Finance Minister Jim Flaherty said he’s not worried by the recent wave of businesses spinning off real estate assets into tax-preferred trusts.
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Canadian Finance Minister Jim Flaherty talks about the recent wave of businesses spinning off real estate assets into tax-preferred trusts.
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