The Blog

Market Commentary – 08/04/15

Market Commentary from First National

Here is the latest market commentary provided by First National Financial LP.   Canada’s economy took another step toward a “technical” recession (two consecutive quarters of negative growth) as much of the country headed into a long weekend. GDP shrank for the fifth straight month in May, contracting 0.2%. The weakness was broad-based but the on-going slump in oil prices …

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Market Commentary – 06/22/15

Market Commentary from First National

Here is the latest market commentary provided by First National Financial LP.   Given the close ties between the Canadian and American economies it is little wonder market watchers were paying very close attention to the latest musings from the U.S. Federal Reserve. It is also little wonder that what they heard created quite a flutter, even though nothing actually …

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Market Commentary – 04/08/15

Market Commentary from First National

Here is the latest market commentary provided by First National Financial LP.   A new survey for the Chartered Professional Accountants of Canada suggests Canadians may harbour false notions about their financial savvy and security. The CPA assessed attitudes from before and after the recent drop in oil prices and interest rates. The accountants say, that while Canadians rank themselves …

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Market Commentary – 01/16/15

Market Commentary from First National

Here is the latest market commentary provided by First National Financial LP.   The number of housing starts dipped by about 6.5% in December, a sharp turnaround from November. The CMHC figures show a pullback in both urban multi-family and single family homes. Ontario and B.C. actually posted modest gains. As might be expected, because of the decline in oil …

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Market Commentary – 11/13/14

Market Commentary from First National

Here is the latest market commentary provided by First National Financial LP.   The latest housing start numbers from CMHC probably come as a relief to some market watchers. Starts were down in October with a drop in new, multi-unit construction leading the overall decline. Especially heartening for some is the drop in urban, multi-unit starts – read Toronto condos. …

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The Adlaw Report

The Adlaw Report ® – Single Family or Strata? The thought of buying a detached single family home in Greater Vancouver (does not include Surrey, Langley, White Rock, or North Delta) is a dream for many people, especially new home buyers. The values seem exorbitant and irrational. Strata living seems more practical, seeing how the entry prices are much more …

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Market Commentary – 10/06/14

Market Commentary from First National

Here is the latest market commentary provided by First National Financial LP.   The three Canadians who could be said to have the biggest influence over the country’s housing market have all expressed their confidence in it. Finance Minister Joe Oliver, Bank of Canada Governor Stephen Poloz and CMHC CEO Evan Siddall were at a meeting of G20 financial heads …

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Market Commentary – 09/24/14

Market Commentary from First National

Here is the latest market commentary provided by First National Financial LP.   Canada’s latest inflation numbers have once again turned attention toward the Bank of Canada’s plans for interest rate increases. Core inflation – which the central bank uses for its policies – jumped by an unexpected 4-tenths to 2.1% in August. However that is still well within the …

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Market Commentary – 09/19/14

Market Commentary from First National

Here is the latest market commentary provided by First National Financial LP.   All eyes are on the U.S. Federal Reserve as it issues its latest policy statement. Everyone is looking for clues on when interest rates might move up and how the Fed plans to exit its easy monetary policy. Many market watchers expect the phrase “considerable time” to …

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Market Commentary – 09/11/14

Market Commentary from First National

Here is the latest market commentary provided by First National Financial LP.   Canada’s employment rate stumbled again in August with the loss of 11,000 positions. Expectations had called for an increase of 10,000. Some economists say it is a little “fishy” that a record setting loss of 112,000 private sector jobs is being off-set by a record setting number …

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