Canadian Real Estate Is Worse Than Official Data Shows, BMO Revises Forecast Lower
Canadian Real Estate Is Worse Than Official Data Shows, BMO Revises Forecast Lower
Canadian real estate is undeniably in a downturn, but it might be worse than it appears. BMO Capital Markets warned clients that the market is eroding faster than expected. Official numbers fail to capture the whole picture, according to a research note today. Citing a few important red flags, they said the data is worse than it looks — and it already didn’t look great. The bank also shared a…
On Monday, Ontario Premier Doug Ford’s government announced a cabinet shuffle following Steve Clark’s resignation as housing minister amidst the Greenbelt scandal.
I’ve scanned through the public disclosure statements Ontario MPPs are required to make and found that 38 per cent of cabinet members are landlords and/or invested in real estate (or have a spouse/common-law partner that is).
This is just a teaser of a much broader investigation The Maple will be releasing later this month, which will list provincial representatives that are landlords/invested in real estate in eight of Canada’s provinces.
Friday, March 08, 2024 Canadian TV Listings (Times Eastern)
WHERE CAN I FIND THOSE PREMIERES?:
THE RELUCTANT TRAVELER WITH EUGENE LEVY (Apple TV+)
THE GOOD MOTHER (Paramount+ Canada)
FIRST TIME FEMALE DIRECTOR (The Roku Channel)
BOARDERS (Tubi)
WHAT IS NOT PREMIERING IN CANADA TONIGHT?
GOLD RUSH: WHITE WATER (Premiering on March 12 on Discovery Canada at 9:00pm)
THE TRAITORS (UK) (Premiering on March 15 on Crave at 11:00pm)
NEW TO AMAZON PRIME CANADA/CBC GEM/CRAVE TV/DISNEY + STAR/NETFLIX CANADA:
AMAZON PRIME CANADA
AMERICAN FICTION
ANATOMY OF A FALL
DIFFERENT STROKES (EXCLUSIVE CONTENT)
FLAWS
CBC GEM
CBC MUSIC LIVE AT MASSEY HALL
COCO CHANEL: UNBUTTONED
GANGNAM PROJET
THE GREAT BRITISH BAKING SHOW (Season 14)
JUICE
THE NEXT STEP (Season 7)
20TH CENTURY WOMEN
WORKIN’ MOMS
YOUNGER (Seasons 6 and 7, plus a one-hour special)
CRAVE TV
BATMAN V SUPERMAN: DAWN OF JUSTICE
THE DEPARTED
DIARY OF A MAD BLACK WOMAN
HOLMES FAMILY RESCUE
HOW TO BLOW UP A PIPELINE
A LEAGUE OF THEIR OWN
PARADISE HIGHWAY
PUSH
SICK GIRL
SISTERHOOD OF THE TRAVELING PANTS
WONKA
NETFLIX CANADA
BLOWN AWAY (Season 4) (CA)
DAMSEL
HOCKEY CENTRAL TRADE DEADLINE (SN) 10:00am
MLB SPRING TRAINING (SN1) 1:00pm: Yankees vs. Jays
TENNIS
(TSN2) 2:00pm; Indian Wells - Early Round Coverage Day #3
(TSN2/TSN4) 6:00pm: Indian Wells - Early Round Coverage Day #3
NHL HOCKEY
(SNEast/SNOntario) 7:00pm: Sabres vs. Blue Jackets
(SN) 10:00pm: Stars vs. Ducks
(TSN3) 10:00pm: Jets vs. Kraken
NBA BASKETBALL
(SN1) 7:30pm: Timberwolves vs. Cavaliers
(SN Now) 8:00pm: Heat vs. Thunder
(SN1) 10:30pm: Bucks vs. Lakers
MARKETPLACE (CBC) 8:00pm
MILLION DOLLAR ISLAND (Discovery Canada) 8:00pm: Finals Week begins, and starvation continues taking a toll on the Log camp as the hunger games reach a dramatic climax.
THE REAL HOUSEWIVES OF CHESHIRE (Slice) 8:00pm: Big ‘V’ Energy
BOLLYWED (documentary) 8:00pm: When Kuki invites the public to the second store Grand Opening on live radio, it gives the family less than 48 hours to be ready… for way more guests than they were anticipating.
ABOUT THAT (CBC) 8:30pm
THE FIFTH ESTATE (CBC) 9:00pm: Rotten Promises: A pitch to turn the Maritimes into an apple-growing capital, with influential supporters, was an easy sell to investors and would-be foreign workers; those who bought in say it was a scam.
OWN SPOTLIGHT: OPRAH & ANGELA BASSETT (OWN Canada) 9:00pm: Oprah hosts an intimate conversation with actress Angela Bassett in celebration of her recent honorary Academy Award; Angela shares her journey to success, her commitment to excellence and the dreams she has for her family.
HOW TO BLOW UP A PIPELINE (Crave) 9:00pm: With the climate crisis at a point of no return, a group of environmental activists come up with a daring plan to make their voices heard and disrupt an oil pipeline.
THE SUMMIT AUSTRALIA (Discovery Canada) 9:30pm (FINALE): After 14 days, 200 kilometres of brutal terrain and death defying obstacles along the way, The Summit is finally in sight.
CRIME BEAT (Global) 10:00pm: Surrey Six: The Gang Hit
"INNES HAS A HABIT OF LOSING MONEY," Toronto Star. October 1, 1912. Page 3.
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Second Offence of Dropping Employer's Cash Leads to a Long Term.
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CASES IN POLICE COURT
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Two Men With Two Bags of Potatoes, Which They Say Were Given to Them.
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Though there was little force behind the blow which Thomas Petrie directed at Constable Young's face, Magistrate Denison chose to fine the intent rather than the act when the man came up in the Police Court.
"Was taking his name," Young stated, "when he struck me."
Petrie's two fines, for drunkenness and assault, were a dollar and costs. each, or thirty days, with time to pay.
The Sentences Grow.
The sentences of Edward Innes have been somewhat disproportionate. This morning before Magistrate Denison, he admitted that while working as a collector for Joseph McQuilian's liquor store in Queen street west he retained $11.80 from the returns, and offered the defence that if he was given time he would refund the money and have it taken out of his wages.
"I lost it," he suggested.
"It's not the first time he's lost money," Crown Attorney Corley. commented. "A year ago when he was given $400 to buy Exhibition tickets he lost that. His term then was sixty days."
Now, for the theft of of the much smaller amount, Innes will go to Central for a much longer term, four months.
Two Bags of Potatoes.
Once more Charles Beamish, an aged character well known to the police, is charged with theft. Last night he was taken by Constable Ox-land, who saw him walking away with a bag of potatoes on his shoulder. A few paces behind was Lou Parsons, with a like load. The constable, knowing Beamish, went after the stranger first.
"Parsons dropped his load and ran," Oxland stated, "but I caught them both."
The charge is that the potatoes were stolen from a G.T.R. box car.
"Given to me," declared Beamish, confidently.
"Whom by?"
"Don't know his name."
"Where does he live?"
"Don't know."
"Who is the kind man, anyway?" Magistrate Denison demanded, a bit impatiently.
Finally Beamish decided it was either the carmen or an officer of the M.O.H. Department. The couple remain in jail a week until they can give more definite information.
After arresting Mrs. Louisa Fifield as she came out of Eaton's. Detective Wickett want to her home at Prescott avenue, West Toronto, and a large quantity of goods, which the woman is charged with stealing.
When arrested with her 12-year-old daughter Queenie, Mrs. Fifield had an umbrella and six shirt waists which could not be accounted for by sales checks which could not be accounted for.
Ivy, another daughter. aged 15. working at Gillies' factory. 121 Prescott avenue, the police say, has admitted the theft of 11 neck scarfs, 197 neckties, 4 spools of silk, and a spool of brass wire.
The bundle of goods that the police recovered includes ribbons of all recovered in sizes, fancy lace bags, six umbrellas, lace, shirt waists, collars, hat plumes, and numerous small decorative articles. More were recovered this morning but none of the articles have yet been identified as coming from the Eaton Store.
When Mrs. Fifield appeared in Police Court, T. C. Robinette, reserved election and did not obtaining a week's adjournment.
Detective Wickett was with woman most of the morning, but she denies stealing the goods. She came to this country about nine months and ago.
Accused of Burglary
Wm. J. Bell is being held in connection with the shopbreaking at 280 Church street on the night of September 14, when the warehouse of the John Sloan Company, wholesale grocers, was broken into and burglarized. Entrance was forced through a rear window, several desks were broken open, and the burglar, whether Bell or another, proved so clever that he found the combination of the be vault. About 260 postage stamps, $28.07 in cash, medals, and a quantity of jewelry was stolen.
Bell was placed under arrest on King street by Detective Mitchell in pawnshop, where it is alleged he was attempting to dispose of jewelry which, the police say, corresponded to the stolen articles.
Bell was remanded a week without bail.
A Real Estate Deal.
"If you can't do business better than that you had better not do it at all. You've been here before. If you come again I'll know better how to deal with you." Those were the comments of Magistrate Denison to William Campbell, a real estate dealer, charged with the theft of $320 from Adam McMillan. There was a conviction, with a remand till called upon.
McMillan said that he bought a lot in Brandon for $320, and that when was fully paid for Campbell kept putting him off for several weeks and never furnished the deed.
Campbell's defence was that he had purchased a group of lots and that he hadn't fully paid for them to obtain the deeds himself.
"Carrying them on McMillan's money," the magistrate commented. "That is no way to do business. But you'll be remanded till called on." Campbell will now furnish the deed.
Back to Blue Grass Land.
Hyde Nelson, colored, declares he will go back to his Kentucky home, and Robert Beatty is short $5. Beatty said that ten days ago he handed the colored man the amount at the Woodbine, to put on a "sure thing" which really won.
"And I never got my winnings," was the complaint.
As Nelson was positive he passed the money along to a third person who misplaced it, the ten days already spent in jail seemed enough, that is, if he keeps nis promise to get town.
Chinese Liquor.
"Ing Kopy" was the plain English lettering on a carafe of Chinese wine which was seized upon the the premises of Ing Ding at 192 York street by the police when Inspector Dickson led a search party through the Chinese quarter two weeks ago..The charge was illegal sales and keeping.
"'Ing Kopy' means medicinal wine," explained J. W. Carry, defence counsel. "The proper analysis is printed on the side. That complies with the law."
Not when written in Chinese," Magistrate Denison replied.
Some of the police contended that the while the liquid was labelled "Ing Kopy," it was in reality only whisky colored red. As a test, the magistrate had whiffed a little from a glass, thought it was stronger than rose wise, and demanded an analysis. Ding was accordingly allowed a week's remand.
Lee Dun of 184 York street, was to have sold whitish stuff rice wine, for which his fine was $100 and costs or 3 months.
A Real Estate Deal
After several remands, John Hanley, real estate agent, was convicted of false pretences. The complainant was John Bain, who stated he placed Welland and Port McNicol lots in Hanley hands for sale.
"He told me he had a buyer," Bain explained, "so I gave him $35 commission. Then he turned in a $100 check from a bogus buyer, and I couldn't get the money."
The court allowed Hanley three weeks remand to produce this buyer, but when he still failed to do so this morning, he was sent to to jail for 20 days.
John A. Brooker, of 54 Margueretta street, was fined $100 and costs for illegal liquor sales. The case has been on the books since July 20.
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“ THE FUCK THEY always talkin’ ‘bout Florida Man for ? It’s almost like Canada gets fuckin’ ignored. Canada Man is worse. All of you don’t know shit ‘bout my country. I mean, I came from it. I’m fuckin’ proof. ”
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British Columbia is expanding the tax it created to clamp down on real estate speculation and ensure homes in rental-strapped communities don’t sit empty.
A statement from the Ministry of Finance says the Speculation and Vacancy Tax now includes the municipalities of North Cowichan, Duncan, Ladysmith, Lake Cowichan, Lions Bay and Squamish.
Starting early next year, homeowners in those areas will join owners in 40 other B.C. cities, districts and towns who are required to declare how their property was used in 2023.
The statement says 99 per cent of people who live in B.C., can expect to be exempt for the 2023 tax year, but homeowners in the new municipalities, along with those already covered by the tax, must make formal declarations in the new year.
Friday, January 26, 2024 Canadian TV Listings (Times Eastern)
WHERE CAN I FIND THOSE PREMIERES?:
MASTERS OF THE AIR (Apple TV+)
SAGO MINI FRIENDS (Apple TV+)
13 HOURS: THE SECRET OF BENGHAZI (Paramount +)
THE LEBANESE BURGER MOVIE (Paramount +)
HIGHTOWN (Starz Canada) 10:00pm
NEW TO AMAZON PRIME CANADA/CBC GEM/CRAVE TV/DISNEY + STAR/NETFLIX CANADA:
AMAZON PRIME CANADA
THE DAIGLE
EXPATS
THRILLER
THE UNDERDOGGS
YOU HURT MY FEELINGS
CBC GEM
GHOSTING WITH LUKE HUTCHIE AND MATTHEW FINLAN
CRAVE TV
299 QUEEN STREET WEST
ALI
CONFIDENTIAL INFORMANT
THE CONJURING
EASY A
THE OTHER HALF
PEPPA PIG: FESTIVAL OF FUN
THE STAR
TRANSAMERICA
TRANSPLANT (Season 4)
WATER
NETFLIX CANADA
BADLAND HUNTERS
THE BLACKLIST (Season 10)
LOVE IS BLIND: SWEDEN
SIT DOWN WITH STAND UP UDOM TAEPHANICH
PWHL HOCKEY (TSN/TSN5) 7:00pm: New York vs. Toronto
NHL HOCKEY
(SN) 7:00pm: Panthers vs. Penguins
(SN) 10:00pm: Blues vs. Kraken
DOPPELGÄNGERS: FACE TO FACE (documentary) 7:00pm: People meet their lookalikes and find out the resemblance is more than skin deep.
NBA BASKETBALL
(TSN4) 7:00pm: Mavericks vs. Hawks
(SN1) 7:30pm: Clippers vs. Raptors
(SN Now) 8:00pm: Thunder vs. Pelicans
A.RTIFICIAL I.MMORTALITY (Crave 2) 7:40pm: Exploring the latest thinking and technological advancements in AI.
MARKETPLACE (CBC) 8:00pm: Putting electric vehicles to the test; Charlsie Agro hits the road to explore issues with range, charging infrastructure and reveals the challenges with repairs.
MILLION DOLLAR ISLAND (Discovery Canada) 8:00pm: Only 79 players remain, but that will soon change as two camps are put in a head-to-head arena battle; at the end of the epic war, the entire losing camp will be eliminated.
THE REAL HOUSEWIVES OF JERSEY (Slice) 8:00pm: Tessa and Sascha renew their wedding vows; upset about not being invited, Kate and Margaret hold their own version, with Kate Taylor playing Tessa.
BOLLYWED (documentary) 8:00pm: Kuki and Sarab lay down an ultimatum with the second location; the kids think outside the box.
GARAGE SALE MYSTERY: THE MASK MURDER (Super Channel Heart & Home) 8:00pm: When Jennifer buys a storage locker at auction, she discovers a dead body inside -- along with a mask matching the deceased woman.
ABOUT THAT (CBC) 8:30pm
THE FIFTH ESTATE (CBC) 9:00pm: Search for the Smugglers: In 2022, smugglers left the Patel family to cross the Canada/U.S. border on foot during a snowstorm, an ordeal they would not survive; the pursuit of the men who Indian police allege planned the crossing leads to a surprising location.
PARADISE HIGHWAY (Crave) 9:00pm: To save the life of her brother, truck driver Sally reluctantly agrees to smuggle illicit cargo -- a girl named Leila. As Sally and Leila begin a danger-fraught journey across state lines, a dogged FBI operative sets out on their trail to save them.
THE SUMMIT AUSTRALIA (Discovery Canada) 9:30pm: The group falls a day behind; the remaining ten members have seven days to get to the summit with $785,000 left in the prize money on their backs.
NLL LACROSSE (TSN3) 10:00pm: Mammoth vs. Warriors
LITTLE BIRD (CTV) 10:00pm: Esther finds members of her family who help her put together the pieces of the past; Esther returns home to Montreal to confront Golda, her adoptive mother, about the revelations she's uncovered that shine a new light on their life.