17 Jan 2018

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Bank of Canada raises the rate, here’s what...

On Wednesday, the Bank of Canada announced it was hiking its interest rate to 1.25 per cent, up fron one per cent. This is the third increase since last summer, and the central bank noted some key factors in determining this. While the central bank signalled more rate increases are likely over time, it highlighted the growing, negative impacts related to the unknown outcome of the renegotiation of the North American Free Trade Agreement. Moving forward, the bank said “some continued monetary policy accommodation will likely be needed” to keep the economy operating close to its full potential. The bank said it would also remain cautious…

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6 Dec 2017

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Bank of Canada leaves rates alone

Today, the Bank of Canada announced that rates would remain unchanged at one per cent, as they expect…

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13 Jul 2017

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Why the Bank of Canada changes rates

This week, the Bank of Canada raised their interest rate for the first time in seven years. But…

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1 Mar 2017

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Bank of Canada’s Hands Remain Tied

As you know, your variable rate mortgage, line of credit and/or student loans are all based on the…

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5 Jul 2016

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Q3 2016 Economic Update

Residential Real Estate So much talk about affordability, high prices, foreign owners, speculation, empty houses and dirty money.…

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3 Jun 2016

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Bank of Canada Remains Sidelined

As you know, your variable rate mortgage, line of credit and/or student loans are all based on the Prime Rate and here is…

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24 Oct 2013

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BOC Abandons Its Interest Rate Hike Bias

As you know, your variable rate mortgage, line of credit and/or student loans are all based on the…

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17 Jul 2013

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Bank of Canada maintains their...

As you know, your variable rate mortgage, line of credit and/or student loans are all based on the…

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26 May 2013

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3 of Canada’s top banking execs...

At a time when headlines speak of Canada’s housing market on the verge of a crash, 3 top…

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22 Jan 2014

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Bank of Canada hands tied

As you know, your variable rate mortgage, line of credit and/or student loans are all based on the…

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2 Jun 2013

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Bank of Canada remains sidelined

As you know, all variable rate mortgages, lines of credit and/or student loans are all based on the…

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23 Jan 2013

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BOC Remains on the Sidelines

At 10:00 am EST, Wednesday January 23rd, 2013, the Bank of Canada again did what we expected them…

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12 Dec 2012

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BoC drove Canadians to lock in...

I had to laugh when I read an article titled BoC’s interest rate warnings drove homeowners to lock…

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