Coal’s place.
Somewhere along our collective path, a home stopped being shelter, and became a house. Then it turned into an investment asset. Then a mark of social stature divorced from income or debt. Then an entire financial plan. And then a lot of us got into trouble.
Owning real estate is fine. But property does not [...]
Written on June 15, 2009
Interesting news, presented by Moishe Alexander, CFC CEO
The Royal Bank says the Canadian economy will shrink by 2.4 per cent this year, due in part to the substantial 5.4 per cent annual GDP contraction in the first quarter.
That’s the worst quarterly economic performance since 1991 and likely the worst in the [...]