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I Am a Canadian Song of the Week

May 8, 2009 Song of the Week

I’m just feeling very patriotic today, and I had a couple of Canadians last night at an Emerson Drive concert.

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Mark Carney, David Dodge and Russell Westcott on Alberta Prime Time

May 4, 2009 Economic Fundamentals

Here’s a 20 minute video that gives some pretty cool insight into Mark Carney, Canada’s monetary policy and economic strengths. The first half is an interview with Mark Carney, Governor of the Bank of Canada. The second half is a panel with Kelly Keehn, Jack Mintz from University of Calgary , and Russell Westcott. My [...]

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6 Things You Should Do To Your Mortgage When Interest Rates Drop

April 21, 2009 Financing

The Bank of Canada just dropped the prime interest rate by 0.25% making it….0.25%. The federal banks quickly followed. Here are the 6 things you should do right now. Call your banker/mortgage broker and reduce your mortgage payments as close to interest-only as possible. Do not go into negative-amoritzation (i.e. where your loan gets bigger). [...]

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The Globe and Mail Drops the Ball on Subprime

March 14, 2009 The Economy

Last night I was surfing through Twitter and one tweet caught my eye. Mostly it was because it was in ALL CAPS which annoys me to no end, but the word ‘canada’ made me mildly curious. The title of the article is “Canada’s dirty subprime secret” and while I was considering a subscription before, this [...]

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IMF’s Charles Kramer about Canada Recovery

March 12, 2009 The Economy

The IMF is going to release it’s ‘Article IV’ report early next month, and Charles Kramer (IMF Mission Chief) and Marcello Estevao (his “Deputy in the IMF’s North America Division”) did a conference call to share the main findings. Here’s the three main findings (emphasis is mine). The bottom line is that Canada is positioned [...]

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Canadian Stats, Right Now!

March 12, 2009 Statistics

Now there’s another simple place to find Canadian economic statics. The surprising part is it’s from the Canadian Federal Government. I suppose it’s our answer to the American site Recovery.org. The site is www.canadianeconomy.gc.ca and it starts with a nice simple dashboard for national economic indicators. The nice part is when you click on one [...]

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Banks Agree? Not Bloody Likely

February 9, 2009 Statistics

After seeing how popular the last couple posts have been, I thought it’d be a good idea to post the rest of the GDP stats which make up the dataset. You can view this set (and the interactive verisons of the charts) online here. And just to summarize the data another way, here are three [...]

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