The Strategic Regional Research Alliance is ending its tracking of Toronto office occupancy, nearly five years after the pandemic began. The decision reflects a persistent shift in work patterns, with employees demanding flexibility and spending less time in the office. A spokesperson for the alliance noted that the headwind of workers wanting more choice is hard to ignore.
Equity Investors May Need to Ease Off
Martin Pelletier warns that the bond market is sending cautionary signals, suggesting a more challenging road ahead for equity investors. In a column, he advises taking a more defensive stance as risks mount.
37% of First-Time Buyers Regret Mortgage Size
A new report from Mortgage Professionals Canada reveals that 37% of recent first-time buyers regret the size of their mortgage. Five years after pandemic-era low rates spurred buying, the renewal wave is pressuring borrowers with higher payments. The report highlights that many homeowners now face financial strain as rates have risen.
BIS Warns AI Frenzy Risks Global Economy
The Bank for International Settlements, in its annual economic report released Sunday, cautioned that the optimism around artificial intelligence may not last. The AI frenzy adds risks to a global economy already vulnerable due to energy supply shocks and strained public finances, the BIS said. It urged policymakers to prepare for potential disruptions.
Protecting CPP Requires Long-Term View
John Graham writes that chasing returns of heavily concentrated market indices may work temporarily but is not a sustainable strategy for the Canada Pension Plan. He emphasizes that maintaining a long-term perspective is essential to protect CPP investments, echoing the bold vision of the plan's founders.
