📈Market rally gains steam 🏦HSBC looks to sell Canadian division 🏡Vancouver housing chill Here's what you need to know today:
, who told us yesterday he thinks central banks in North America are “feeling their way” toward a terminal rate that’s likely going to be around four per cent .on an analyst’s thesis that consolidation could be in the offing for Canada’s smaller lenders. That’s looking like a prescient call after HSBC Holdings Plc confirmed this morning that it’s undertaking a strategic review of its Canadian business, with a sale among the options being considered.
The REBGV pointed out that was a 46 per cent plunge compared to a year earlier, and almost 36 per cent below a 10-year average for the month. And yet, despite an uptick in listings, the composite benchmark price fell only two per cent from August to $1,155,300. the CAQ winning or leading in 90 of 125 ridings, while the provincial Liberals are clinging to just 21 seats as the official opposition.
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