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A thread on Canadian Headline Inflation, which fell 0.2% in August - more than expectations (0.0%). It now sits neatly on the midpoint of the BOC's inflation-control target range of 1 to 3 percent. 2/

this 1.5M limit change applies across the board, not just for first time buyers. But there is a large fee to insure the mortgage, paid by the borrower, so the degree of uptake on the insured 1.5M mortgage could be muted.

good one!

Dandelion Geothermal 🌎 launches the world's most efficient geothermal heat pump. ETV is excited to support this great company and mission! dandelionenergy.com/dandelion-ener…

Is the market really that fragile that the difference between a 25 bps and 50 bps cut is material? Or is all this a distraction, similar to the after-the-close Thursday M1 growth announcements in 1980? If M1 was over the 8% target the market sold off, and vice versa.

The scale of the fires currently burning across Portugal 🇵🇹 is pretty unfathomable.

CMHC spring 2024 report shows that borrowers are stretched to the limit, savings are depleted, and the risks in the mortgage market have likely doubled!

ICE vehicles cannot compete with BEV, and this includes hybrids as ICE vehicles

In case you are wondering, and I am certain you are, yesterday's global sea surface temperature was a mere 4.84 standard deviations above the 1982-2011 mean. In a stable world without climate change, that would be about a 1-in-1.5 million chance.

So you're saying there's a chance ...

The Great China Car Blitzkrieg Officials in Beijing may deny it. But – make no mistake – China has launched a global car blitzkrieg. China will export a stunning 6 million cars to more than one hundred countries this year, cementing its position as the world’s No. 1 exporter.

Updated #whenthebubblebursts chart - August 2024

With the new proposed rules for bank capital, watered down by big banks' lobbying, another financial crisis is inevitable

GTA is weak compared to Vancouver, and compared to 2022 peak.

Hilliard MacBeth CIM FCSI® I think you should change the name of this chart to "Timeline of a Canadian Made Financial Crisis"

A close call between recession and a new bubble bit.ly/3zgepmB #whenthebubblebursts