Trade Disputes Dampening the Economy

Trade Disputes Dampening the Economy

The ongoing US-China trade dispute will continue to play a major role in dampening the US economy. According to Benjamin Tal’s recent article, more and more studies are debunking Trump’s claim that Chinese companies are bearing the brunt of the tariffs. While in fact, corporate America and to a lesser extent, consumers have absorbed the bulk of the damage. The biggest issues are: Slowing China’s technological advance Protection of intellectual property A preference that US companies do not have to share their secrets in order to play ball in China More equitable tariff structure A short list, but in truth a long and uphill battle to get the Chinese superpower to play nice in the...

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An Update from Chris!

An Update from Chris!

Welcome to the World, Zack Spring Renovation Season Chris is a new Dad! We at PMG wanted to share the announcement that Chris and his wife Jenn welcomed their first born, Zack last month.  Zachary Koa born February 6, weighing 6lbs 15oz.  We wish them all the best...
Genworth Report: Hamilton Overview

Genworth Report: Hamilton Overview

Take a look at the Sales-to-Listing Ratio and summary provided by Genworth. Here’s what you need to know:  We are moving towards a balanced market, so buyers can expect an easier time over the next couple months. Sellers can expect a longer process, but sales...
The Variable Rate War is Heating Up

The Variable Rate War is Heating Up

“Mortgage shoppers looking to get a variable rate are in luck. The country’s biggest banks are currently slashing rates and clamouring for their business,” states a report by Canadian Mortgage Trends. You can (and should) read the full article here. So...
Rates: What Goes Up Must Come Down

Rates: What Goes Up Must Come Down

Rates: What goes up must come down. Or “how I learned to stopped worrying and love the uncertainty” In the past, the simplest way to predict what the Bank of Canada (BoC) would do with it’s key lending rate – y’know, the one that effects the cost of our credit cards,...
Housing Market Update.  Are the Prices (sky) Falling?

Housing Market Update. Are the Prices (sky) Falling?

Is the sky falling on home prices in the first quarter of 2018?  Can pigs actually fly?  Well, we do know one thing – we have the data to help us understand the housing market. We should point out that the first quarter of 2017 (January, February and March 2017)...