By: Amir S. Ali Recent developments in the Canadian housing market present a more nuanced picture than a simple downturn. While the federal mortgage stress test remains firmly in place—acting as a significant barrier to qualification—a key financial pressure has begun to ease. Major lenders have recently dropped their benchmark five-year fixed mortgage rates to … Read more

People living in the city of Mississauga were initially not happy with the former Mayor of Mississauga, Bonne Crombie because she resigned as the City’s mayor and ran for Ontario Liberals and was defeated because of that reason but now things are changing. Because taxes increased for so many reasons like heavy police budget and … Read more

Hubble and Bubble In 1990, few months after Canadians saw 1989 housing bubble, 11 tonnes Hubble Space Telescope (HST) was placed just 570 km away from us up there. Since then it is sending the clear signals and images we enjoy. Unfortunately economists don’t have that kind of eyes yet and still predict future based … Read more