Your Daily Dose

April 28, 2008

Bank of Canada: US Economy in R-Mode for Two More Years (Canada to Follow Shortly)

” Four days ago the Bank of Canada torpedoed its estimate for economic growth. The bank boss, Mark Carney, has changed his tune dramatically. The US will not recover for two years, he says. … the Canadian Real Estate Association shocked the industry by reporting house sales in Canada this year have fallen off a cliff. “

1 Comment »

  1. Homes sales in Canada are not falling off the clif. Market is cooling off but you gotta understand that it was too hot for a while.

    Comment by Condo — April 29, 2008 @ 12:30 pm | Reply


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