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Scotland Could Happen. What Would Happen Next?

Wednesday September 17 th 2014

Imagine a country with the population of Colorado, the land mass of the Czech Republic, a finance industry that’s 10 times as big as the economy, and exports fueled by oil, alcohol and tourism.

That’s how Scotland will start out as an independent entity if separatists in the nation of 5.3 million people win their campaign to break away from the U.K. later this week.

Haggling over how to split assets, share debts and ensure banking stability could change all that Continue reading

Canadian Home Sales Reach Highest in More Than 4 Years

Canadian existing home sales roseto the highest in more than four years last month led by gainsin Vancouver and Toronto, markets policy makers have said aremost vulnerable to becoming over-extended.

August’s 1.8 percent rise to 42,295 units was the seventhmonthly increase in a row, the Canadian Real Estate Associationsaid in a statement today from Ottawa. Vancouver sales rose 8.0percent to 2,967 units after adjusting for seasonal variations,and Toronto sales climbed 2 Continue reading