Bank of Canada Maintains Interest Rate
OTTAWA, Ontario, October 20, 2009 — The Bank of Canada held its benchmark overnight lending rate steady at 0.25 per cent at its setting on October 20th, 2009. The trend-setting Bank rate, which is set...
View ArticleCanadians Optimistic about the Housing Market
Canadians are confident that home values are increasing and are optimistic about local housing markets, the Canadian Association of Accredited Mortgage Professionals said in a report. An October survey...
View ArticleInterest Rate Update
A quarterly Reuters poll published last Thursday indicates growth from the Canadian economy in 2010. This growth however is not indicated to be prompt enough to influence the Bank of Canada to raise...
View ArticleA surprize visit from Milton Mayor Krantz
We got a surprize visit from Milton Mayor Krantz, Kate Williamson and William from United Way and Nadeem Dhalla to thank us for our commitment to support United Way.
View ArticleResidential Market Update
Market Commentary The household debt to income ratio has hit an all time high – 165%. Yet the Bank of Canada seems to have gone strangely quiet on the subject. Former bank governor Mark Carey routinely...
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