Comments on: Benjamin Tal on Canada’s Economy and Real Estate http://www.chrisdavies.ca/2008/08/benjamin-tal-canadas-economy-and-real-estate/ REIN, Real Estate, Stats, Music and More Wed, 08 Feb 2012 23:34:12 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Canada’s Real Estate Market Won’t Meltdown | Chris Davies http://www.chrisdavies.ca/2008/08/benjamin-tal-canadas-economy-and-real-estate/#comment-1663 Canada’s Real Estate Market Won’t Meltdown | Chris Davies Sun, 05 Apr 2009 17:24:02 +0000 http://www.chrisdavies.ca/?p=182#comment-1663 [...] Tal, who I’ve discussed before after his July 2008 presentation on the state of the Canadian and US economies to the Real Estate Investment Network, was finally quoted in some good context in a CBC article. [...] [...] Tal, who I’ve discussed before after his July 2008 presentation on the state of the Canadian and US economies to the Real Estate Investment Network, was finally quoted in some good context in a CBC article. [...]

]]> By: Benjamin Tal teaches me about SEO | Chris Davies http://www.chrisdavies.ca/2008/08/benjamin-tal-canadas-economy-and-real-estate/#comment-862 Benjamin Tal teaches me about SEO | Chris Davies Sat, 29 Nov 2008 13:19:05 +0000 http://www.chrisdavies.ca/?p=182#comment-862 [...] Markets. He gave a great talk on the North American Economy at the June 2008 REIN meeting which I blogged about this [...] [...] Markets. He gave a great talk on the North American Economy at the June 2008 REIN meeting which I blogged about this [...]

]]> By: Chris http://www.chrisdavies.ca/2008/08/benjamin-tal-canadas-economy-and-real-estate/#comment-719 Chris Thu, 13 Nov 2008 17:29:47 +0000 http://www.chrisdavies.ca/?p=182#comment-719 Hi Mike, There's a bit more to the story of oil prices, not the least of which is the dollar having returned to a more normal level. Since oil trades in USD, the effective price of oil isn't as low as it appears. Second, many of the oilsands upgrader projects are profitable at $40/barrel and almost all at $60/barrel. Third, the upgrader projects that have been put on hold are suffering only from a lack of available capital for merchant projects; not any long-term issue with the economic fundamentals. These companies make investments in infrastructure based on 20-40 year trends, and today's price of oil has nothing to do with it. Alberta's Real Estate prices might 'take a hit' over the short term, but in the 3-5 year outlook it's strong growth again. Hi Mike,

There’s a bit more to the story of oil prices, not the least of which is the dollar having returned to a more normal level. Since oil trades in USD, the effective price of oil isn’t as low as it appears. Second, many of the oilsands upgrader projects are profitable at $40/barrel and almost all at $60/barrel. Third, the upgrader projects that have been put on hold are suffering only from a lack of available capital for merchant projects; not any long-term issue with the economic fundamentals. These companies make investments in infrastructure based on 20-40 year trends, and today’s price of oil has nothing to do with it.

Alberta’s Real Estate prices might ‘take a hit’ over the short term, but in the 3-5 year outlook it’s strong growth again.

]]> By: Downtown Vancouver Realtor http://www.chrisdavies.ca/2008/08/benjamin-tal-canadas-economy-and-real-estate/#comment-718 Downtown Vancouver Realtor Thu, 13 Nov 2008 15:42:09 +0000 http://www.chrisdavies.ca/?p=182#comment-718 Oil is going to be falling for quite a while. The high prices have sent the market signals to expand production while these same signals make consumers cut back. Real Estate Prices in Alberta look to take a hit as Alberta is so reliant on oil. I'm a <a href="http://www.mikestewart.ca" rel="nofollow">Yaletown Realtor</a> and what we are hearing in BC is that oil royalties are set to fall for the BC gov't. Oil is going to be falling for quite a while. The high prices have sent the market signals to expand production while these same signals make consumers cut back. Real Estate Prices in Alberta look to take a hit as Alberta is so reliant on oil. I’m a Yaletown Realtor and what we are hearing in BC is that oil royalties are set to fall for the BC gov’t.

]]> By: Recent Links Tagged With "davies" - JabberTags http://www.chrisdavies.ca/2008/08/benjamin-tal-canadas-economy-and-real-estate/#comment-684 Recent Links Tagged With "davies" - JabberTags Fri, 07 Nov 2008 01:19:12 +0000 http://www.chrisdavies.ca/?p=182#comment-684 [...] public links >> davies Benjamin Tal on Canada’s Economy and Real Estate Saved by jaimexx14 on Thu 06-11-2008 Federal Court Rules Against Bush Administration’s [...] [...] public links >> davies Benjamin Tal on Canada’s Economy and Real Estate Saved by jaimexx14 on Thu 06-11-2008 Federal Court Rules Against Bush Administration’s [...]

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