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Bank of Canada maintains policy rate and forward guidance, adjusts quantitative easing program

Bank of Canada maintains policy rate and forward guidance, adjusts quantitative easing program

by Karen Wotherspoon | Jul 16, 2021 | Announcements, Blog

The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent. The Bank is maintaining its extraordinary forward guidance on the path for the overnight rate....
What are my Options when Falling Behind on my Mortgage?

What are my Options when Falling Behind on my Mortgage?

by Karen Wotherspoon | Jul 2, 2021 | Blog, Homeownership, Mortgage

If you’ve missed mortgage payments or you’re anticipating difficulties moving forward, you should always deal with this as early as possible. Periods of financial difficulty are not uncommon and there are several options available to avoid an ultimate foreclosure. ...

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