Greg Bonnell
BNN Bloomberg
Toronto, ON, Canada
Contact Greg
Discover and connect with journalists and influencers around the world, save time on email research, monitor the news, and more.
| Recent: |
|
| Past: |
|
Past articles by Greg:
Mortgage stress tests are about to get tougher, but there's no rush to buy
Canadian homebuyers will face a tougher mortgage stress test starting next week, one that will reduce their buying power and possibly contribute to a cooling of the market that’s already in progress. → Read More
Freeland stares down critics amid historic federal spending
It’s a budget sure to open up a $101-billion debate over what Canada needs to navigate the turmoil of the pandemic - and whether the country is spending too much to get us safely to the other side. → Read More
Ottawa eyes 'pre-loaded stimulus' in Canadians' savings accounts
As Canadians look to Ottawa to repair an economy ravaged by COVID-19, there’s a growing focus on our savings accounts as a source of potent fiscal stimulus just waiting to be “unleashed.” → Read More
As the work-from-home movement takes hold, is there still a case for investing in REITs?
BNN Bloomberg asked several regular Market Call guests for their views on investing in office properties, and here’s what they had to say. → Read More
As Poloz steps down, COVID-19 seen as a 'blip' on his legacy
When Bank of Canada Governor Stephen Poloz announced he wouldn’t seek a second term it felt like his legacy had largely been written – despite still having six months left on the job. The condensed biography looked something like this: Poloz shocked the market in January 2015 with a surprise rate cut to stave off the ill-effects of the crash in crude prices. The governor then presided over an… → Read More
Home prices could fall 5% amid pandemic: Capital Economics
Canadian home prices could fall a “relatively modest” five per cent by July as some owners are forced to sell in the face of the economic hardship brought on by COVID-19, Capital Economics said Monday. → Read More
OSFI to provide further lending capacity to banks during COVID-19 pandemic
Canada’s financial regulator said he’s ready to free up more lending capacity at the country's big banks to help deal with the fallout of the COVID-19 pandemic. → Read More
Toronto real estate sales plunge as coronavirus weighs on market: Realtor
Canada’s largest real estate market “hit the brakes” in the last full week of March as sales plunged and sellers pulled listings in the face of the COVID-19 crisis, according to a Toronto-based realtor. → Read More
As consumer spending softens, what will keep the economic ball rolling?
It’s almost a damned-if-you-do, damned-if-you don’t scenario that the Bank of Canada is shining a light on in Wednesday’s rate decision and Monetary Policy Report. → Read More
Poloz weighs housing 'froth' as rate decision looms for Bank of Canada
Governor Stephen Poloz heads into Wednesday’s rate decision with a Canadian housing rebound to throw into the monetary policy mix. → Read More
How a decade of indebtedness is leaving Canadians at 'peak risk'
Canadian households are devoting a record amount of their disposable income to making payments on their debt. It’s just one measure of how the cheap money meant to save us from the financial crisis has resulted in a decade of indebtedness. → Read More
Ontario charts five-year path back to balance while avoiding austerity
Ontario is charting a path back to balance but the Ford government's inaugural budget will keep voters waiting until after the next election before getting the books in the black. → Read More
Morneau's pre-election budget includes something for (almost) everyone
The budget has something, or the promise of something, for all of you as Finance Minister Bill Morneau lays out the fiscal blueprint the Liberals hope will lead them to another mandate. → Read More
Here's how Morneau could address housing affordability in the federal budget
BNN Bloomberg spoke with a real estate broker, a developer and a mortgage expert on what they’d like to see in the Liberal’s pre-election fiscal plan on Tuesday. Here’s what they told us. → Read More
In Morneau's fall update, corporate Canada awaits a competitiveness plan
On Wednesday, Finance Minister Bill Morneau is set to deliver the fall economic statement – and the minister has the full attention of corporate Canada. → Read More
Winners and losers from Ontario’s Fair Housing Plan, one year later
It’s been one year since the Ontario Fair Housing Plan changed the rules of the real estate game in the Toronto region, and it’s a dramatically different market 12 months later. → Read More
Regulators should 'pause' any new housing market rules: RBC CEO
“I think it’s important to pause given the rapid growth we’ve seen, certainly in core markets like Toronto and Vancouver, to understand the impact of current regulations,” Dave McKay, president and CEO of Royal Bank, told BNN. “It takes a while for regulations to have a true impact.” → Read More
'Early days’ for stress tests seen chewing into Toronto’s housing market
Canada’s largest housing market has lived through its first month under new stress tests, and observers say while sales activity cooled dramatically in January it was far from a “dead market.” → Read More
Bay Street gives Morneau tips on how to restore confidence
Parliament resumes Monday after a raucous fall session that saw Bill Morneau face a barrage of challenges – from a tax revolt to questions about his personal investments and political ethics. → Read More
Finance officials fretted over foreign ownership data as housing heated up, documents show
The chief concern, outlined in ministerial briefing notes obtained under the Access to Information Act, was the potential reluctance of real estate professionals who did business with foreign buyers to even respond to questions on the issue. → Read More