The Financial Stability report highlights some warnings about the health of the Canadian financial system Published by Hilliard MacBeth on Jun 28, 2024 The resilience of Canadians and the Canadian financial system is very important to Canadians. The Bank of Canada monitors this, and reports that the financial system is sound. But there are a large number of mortgage renewals and payment adjustments about... Read more
Massive glut in solar panel supply pushes prices lower Published by Hilliard MacBeth on Jun 20, 2024 Growing China-based production of solar panels and other key components ensures that a massive supply glut will arrive in 2024. Prices for solar panels are plummeting in most world markets, but the U.S. consumer will pay substantially higher prices. According... Read more
The Canadian housing bubble needs to burst Published by Hilliard MacBeth on Jun 14, 2024 Real residential house prices in Canada have grown by more than four-fold since 1970. This means that house prices have grown much faster than inflation, and housing unaffordability is extreme compared to the past and other countries like the U.S. Can... Read more
Bank of Canada cuts rates and sends the market a signal Published by Hilliard MacBeth on Jun 07, 2024 The Bank of Canada cut interest rates by 25 bps on Wednesday and the ECB made a similar cut on Thursday. This marks a significant moment in the history of interest rate policy changes and could be a turning point. CPI Inflation has moderated enough (2... Read more