by Karen Wotherspoon | Apr 5, 2019 | Announcements, Blog, Economy, Finance, Homeownership, Mortgage
Great news for first-time buyers! In mid-March, the federal government delivered the 2019 budget, which included an increase to this popular incentive program. Housing availability and affordability have become increasingly difficult for many Canadians, which is why...
by Karen Wotherspoon | Mar 6, 2019 | Announcements, Blog, Mortgage
The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent. Recent data suggest that the slowdown in the global economy has been more pronounced and widespread...
by Karen Wotherspoon | Jan 9, 2019 | Announcements, Blog, Mortgage
The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent. The global economic expansion continues to moderate, with growth forecast to slow to 3.4 per cent...
by Karen Wotherspoon | Dec 5, 2018 | Announcements, Blog, Mortgage
The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent. The global economic expansion is moderating largely as expected, but signs are emerging that trade...
by Karen Wotherspoon | Oct 24, 2018 | Announcements, Blog, Mortgage
The Bank of Canada today increased its target for the overnight rate to 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent. The global economic outlook remains solid. The US economy is especially robust and is expected to...
by Karen Wotherspoon | Sep 5, 2018 | Announcements, Blog, Mortgage
The Bank of Canada today maintained its target for the overnight rate at 1 ½ per cent. The Bank Rate is correspondingly 1 ¾ per cent and the deposit rate is 1 ¼ per cent. CPI inflation moved up to 3 per cent in July. This was higher than expected, in large part...
