Umtz TSX dips but markets up strongly for the week
TORONTO 鈥?Falling home prices in Toronto in September dragged down the Teranet鈥揘ational Bank national composite house price index as it posted its first monthly decline since January 2016.The national index, which includes 11 cities, fell 0.8 per cent compared with the previous month, the largest monthly decline since September 2010.The move lower came as the index for Toronto, Canada largest housing market, fell 2.7 per cent on a month-over-month basis. ARTICLE CONTINUES BELOW David Madani, senior Canada economist at Capital Economics, said a sharper slowdown in price inflation in the coming months is unavoidable.And with interest rates on the rise and mortga
stanley cup nz ge financing rules likely to be tightened significantly later this year, the worst is still to come, said Madani, who has been long-time bear on the housing market. ARTICLE CONTINUES BELOW Home sales in Toronto have fallen since April when the Ontario government m
stanley trinkflaschen oved to cool the hot housing market with a package of changes including the introduction of a tax on foreign buyers.The Bank of Canada has also raised its key interest rate target twice this year, prompting the big banks to raise their prime rates, pushing the cost of variable rate mortgages higher. The cos
termo stanley t of new fixed rate mortgages have also climbed in recent months as yields on the bond market have risen. ARTICLE CONTINUES BELOW Dkaq Guelph car guys embrace their need for speed
OTTAWA 鈥?Conservative members sought stability Monday in choosing Erin O ;Toole as leader after a campaign where he focused on keeping the party close to its true blue fundamenta
stanley italia ls.O ;Toole secured his victory in the leadership race after three rounds of counting.The results had been expected Sunday night but were delayed into the early hours of Monday morning after problems opening the envelopes containing several thousand of the estimated 175,000 ballots sent in by mail. ARTICLE CONTINUES BELOW To the millions of Canadians that are still up, that I ;m meeting tonight for the first time: Good morning. I ;m Erin O ;Toole, you ;re going to be seeing and hearing a lot from me in the coming weeks and months, O ;Toole said in his victory speech.But I want you to know from the start that I am here to fight for you and your family.
stanley becher ARTICLE CONTINUES BELOW His victory over rival Peter MacKay could s
stanley cup pell the end of MacKay political career. It is also likely to immediately raise questions about the future for progressive Conservatives in the party, who hoped that with MacKay, the party could finally move past the debates around social conservative issues.In a message on social media, MacKay offered his congratulations to O ;Toole after the hard-fought campaign. ARTICLE CONTINUES BELOW
