For 2013 we can expect a fragile US economy, a flat Canadian housing market, low returns on North American Equity Markets, low growth in developed countries, increasing Central Bank debt and continued stress on Insurance Companies, Pension Funds and Banks to generate returns.

The Good News: Low mortgage rates for Canadians for the foreseeable future.

The Bad News: If the Banks aren’t making money in the financial markets, you will pay for it! Continue reading →