Great Chart!
@SteveSaretsky The housing deficit will balance itself
Many of the housing issues we are facing today are policy decisions. Whether it be interest rates, immigration, or building approvals. They are choices made by elected officials. Don’t forget that. https://stevesaretsky.substack.com/p/everything-is-a-choice
Calgary had the strongest rent growth in Canada among condos and apartments.
Average rents in Calgary rose 28.1% annually and 3.8% over the past three months.
Canada has the opportunity to be an energy superpower. New episode of The Loonie Hour with special guest @AndrewJWHaynes https://open.spotify.com/episode/10z0jIdTBKJlL3HSPIw1Ky?si=jSnjTgPKTy2Ahj0Hmqn3jQ&context=spotify%3Ashow%3A4vA4m1d9RVo9KitszSHzN0
If $HKD peg breaks, $CAD also breaks. Risk-on vs Risk-off.
One of the best Loonie Hour episodes yet. @AndrewJWHaynes shares his views on global energy markets and how it affects Canada. $CAD @SteveSaretsky @RichardDias_CFA
If countries move towards guaranteeing significant increases in bank deposits, risk will shift increasingly more towards sovereign debt. Recall the 2008 Irish bank/sov debt crisis. This is an important development for all countries.