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Shadow banking enters the spotlight; will an economic shadow follow?

Shadow banking enters the spotlight; will an economic shadow follow?

Mortgage securitization is also responsible for the vast majority of the growth in shadow banking in recent years. Government-insured mortgage securitization, through National Housing Act mortgage-backed securities (NHA MBS) and Canada mortgage …
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'It's boom time in Alberta': New home construction at a five-year high

Canada Mortgage and Housing Corp. reported Monday that total starts in the Calgary census metropolitan area reached 1,078 units during the month, which was an increase from 949 in May 2012. “The trend of total housing starts increased slightly in May, …
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Canadian dollar rises on positive jobs, housing reports; commodities mixed

The loonie was up 0.21 of a cent to 98.27 cents US after Canada Mortgage and Housing Corp. said Monday that housing starts were trending at 182,756 units in May compared to 182,971 in April. The trend is a six-month moving average of the monthly …
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