Friday, January 26, 2007

Economist says east-west divide will persist

By CASSIDY OLIVIERStaff reporter
Jan 26 2007

"Strong market prices for oil, natural gas and base metals have bumped the value of the Canadian dollar, but have also created a rift between eastern and western provinces, according to a senior economist"

"He said that, while for the most part there is optimism for the average Canadian, certain economic indicators remain concerning."

"In the West, for example, housing affordability in Calgary and especially in Vancouver have deteriorated dramatically despite a general increase in regional housing starts. " Full Article.

No comments:

BLOG & NEWS FEEDS

Check out my Feeds below.

The Big Picture

Soot and Ashes: From Housing Panic

The Globe and Mail - Business News

The Best Real Estate Anywhere! - Vancouver Realtor Blog

The Housing Bubble - US

Alberta Bubble

Financial Planning and Personal Sanity

Housing Doom - US

vancouver (un)real estate

Vancouver Condo Info

MSNBC.com: Real Estate

Housing PANIC - US

CNNMoney.com - Real Estate

BusinessWeek- Hot Property

CBC | Money News