October 2014 Canadian Economic Fundamentals

[Ally]

In real estate, your personality makes you predictable





Are you efficient, organized, thorough, diligent and detail oriented? Then you`re a good candidate for a fixed-rate mortgage.





A new study finds that personality traits can help predict our real-estate decisions. Similarly, a second study finds that in states with a relatively predominant personality type, real-estate decisions often reflect that personality.





Read the full article here.

 

[Ally]

Poloz says Canada's economic growth at risk if low oil price persists







Bank of Canada Governor Stephen Poloz says the sudden plunge in the price of crude will knock roughly a quarter percentage-point off economic growth next year.





Making his first public remarks since last week, when he postponed a planned news conference and appearances before House of Commons and Senate committees after the deadly shooting near Parliament Hill, Mr. Poloz said oil at less than $90 (U.S.) a barrel would deliver a significant hit to the Canadian economy.





Read the full article here.