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Alberta remains best place for real estate investors
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Canadian companies will have to cut payrolls, economists warn
Canadian companies have frozen wages and slashed costs in an attempt to survive the recession while avoiding the loss of skilled workers through mass layoffs. But as economic conditions deteriorate, companies may eventually have little choice but to cut jobs, economists say.
“Generally we’re following the recession script,” said Sal Guatieri, senior economist at BMO Capital [...]
Credit card delinquencies jump
A surge in missed credit card payments late last year could be a warning signal of trouble ahead in the Canadian lending market.
Canadians tend to let payments on their plastic slip before falling behind on other loans including mortgages and car payments, and lenders see a spike in credit card delinquencies as the “canary in [...]
Detroit’s decline threatens Canada’s auto output
Mike Cassese/Reuters
Canada’s share of vehicle production in North America is holding steady but may deteriorate in the years ahead because the country is too dependent on output by Detroit’s struggling automakers, according to an analysis by a leading consultancy.
Auto assembly factories in Canada last year cranked out just over 2 million vehicles, down nearly 1 [...]
Real Estate Income – Investing in Canada
Real estate investing can be done in any part of the world. The world population is growing and expanding on a continuous basis. This means that now, more than ever, there are people buying land and property. Land prices continue to rise in Canada, and that means that real estate will continue [...]
Full StoryInvest in Canada: no risk of a water shortage
These days, there is not just drought where you expect it — in Africa and on the plains in southern Spain — but everywhere else too. In China, in India, all over Europe and even in Britain. Part of these water shortages can be blamed on inadequate infrastructure, but with Asia industrialising fast and the [...]
Full StoryHow to Invest in Canada
Overseas, especially American investors invest in Canada to protect against a weakening U.S. dollar, gain access to Canada’s economic growth or profit the country’s vast natural resources. Follow these steps to invest in Canadian equities:
1) Buy U.S. stocks with Canadian operations. Sears and Walmart have stores in Canada. The American car companies manufacture many of [...]
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