KeatsConnelly Cross-Border Weekly Best of the Web 2015-3-13

web-search-greyEvery week we share news stories, blog articles and other interesting stuff from around the web that received the most views, shares, comments and overall interest on various KeatsConnelly social media outlets.

A bit of a slow seven days of sharing on our social media sites, so we only highlight two articles this week. The first provides a view of possible risks in the Canadian housing market. And the second article dives in to more pressure on the Canadian dollar by US economic news.

IMF sounds fresh alarm over Canadian housing market (www.theglobeandmail.com)  – The International Monetary Fund is raising red flags about Canada’s housing market, warning that moves by Ottawa in recent years to tighten mortgage lending standards and boost oversight of the country’s financial system haven’t gone far enough. Household debt levels remain well above those in other Western countries, the organization said in a commentary posted to its website Monday. Home prices have jumped 60 per cent in the past 15 years and remain overvalued from 7 per cent to 20 per cent, in line for a “soft landing” over the next few years, the IMF said…

Loonie closes sharply lower as strong Job data boost U.S. dollar (http://www.theglobeandmail.com/) – The Canadian dollar closed lower Friday amid a strengthening greenback as U.S. job creation for February beat expectations. The loonie moved down 0.66 of a cent to end at 79.3 cents (U.S.) as the U.S. Labour Department announced that the economy created 295,000 jobs last month, much higher than the 245,000 that economists expected…

Come back next week for more interesting news and articles. Enjoy your weekend!

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