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July 11, 2008

Media Roundup - July 11th 2008

Media Roundup

Reactions to the Government of Canada's changes to mortgage rules:

Mortgage wisdom (Globe and Mail)

Ottawa tightens mortgage insurance rules (CBC)

Federal crackdown could spark housing sales (Globe and Mail)

Ottawa tightens mortgage rules to avoid 'bubble' (Globe and Mail)

New Canada mortgage rules won't deflate market (Reuters)

Planning and Neighbourhoods

Is This The Most Awesome House in Toronto? (Torontoist)

The lure of Leslieville (Posted Toronto)

Is Toronto in Decline? (Creative Class Blog)

Construction Begins On Subway Extension (City News)

Former public housing development reborn in south Riverdale (inside Toronto)

George Brown to get new waterfront campus (Globe and Mail)

A neighbourhood relic's last days (Posted Toronto)

Bar frenzy hits Beaconsfield Village (Posted Toronto)

David Dunlap Observatory sold (Spacing)

Economic News

Building permits tumble 12.2% (The Toronto Star)

Condos lift housing starts 12% (The Toronto Star)

Condo starts 'the real story' of city's housing market (The Financial Post)

Canada housing starts cool, but no US-style crisis (Reuters)

Bank of Canada urged to fight inflation, but opinions divided on interest rate (The Canadian Press)

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Comments

John, you forgot one.

Credit squeeze hits 40-year mortgages

New rules, including no zero-down loans, will cool real-estate market, curb first-time buyers, experts say

http://www.canada.com/vancouversun/news/story.html?id=b041545d-0b54-4d4c-ab44-bb80cea21b4c

John, another one you forgot. Looks like 3 big banks are not waiting until October. More to come shortly no doubt.

BMO, CIBC pull the plug on 40-year mortgages

Banks follow lead of ING after Ottawa revamps lending rules

http://www.thestar.com/Business/article/459023

Ontario hardest hit as full-time jobs tumble in Canada, unemployment rate rises

http://canadianpress.google.com/article/ALeqM5j7w_Q22fgE-ZQbJ_WFiJC5-uP9-Q

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