by Rishel | Aug 26, 2024 | Uncategorised
Mortgage consumers are increasingly anxious about their financial situation, particularly the prospect of renewing their mortgage at higher interest rates, according to Mortgage Professionals Canada’s Semi-Annual State of the Housing Market Report. The survey found...
by Rishel | Aug 26, 2024 | Uncategorised
The Bank of Canada on July 24th reduced its target for the overnight rate to 4½%, with the Bank Rate at 4¾% and the deposit rate at 4½%. The Bank is continuing its policy of balance sheet normalization. The global economy is expected to continue expanding at an annual...
by Rishel | Jul 16, 2024 | Uncategorised
Canada’s population surpassed 41 million for the first time on April 1st, marking an increase of nearly a quarter-million people from the previous quarter. The yearly rise of 1.27 million set a new record, while the 3.2 per cent growth rate was the highest since 1958...
by Rishel | Jun 15, 2024 | Uncategorised
Home sales edged down 1.7% between March and April, a second monthly decrease in five months. On a provincial level, decreases were recorded in April in Nova Scotia (-6.3%), Alberta (-4.5%), Manitoba (-4.1%), Ontario (-2.9%), Quebec (-1.3%), P.E.I. (-0.6%), and B.C....
by Rishel | May 13, 2024 | Uncategorised
(NC) While longer days and warmer weather are sure signs of spring, they also mean that heat waves are coming, bringing high temperatures and, often, high humidity. These weather conditions pose health risks, especially indoors where many heat illnesses and deaths...
by Rishel | May 6, 2024 | Uncategorised
TD Economics Budget 2024 re-upped the Liberal government’s efforts to improve affordability for low-and-moderate income Canadians, with new spending totalling $53 billion earmarked over the five-year horizon ($57 billion including spending since the Fall Economic...