Share Canada’s core inflation rate rose beyond the Bank of Canada’s expectations to 2.1% from 2%, however the central bank is unlikely to move up its target date for raising interest rates, noted a top economist. As we have heard from the Bank of Canada, higher inflation could bring about the Bank to raise the [...]
Share With new mortgage rules taking effect on April 19th, 2010, homebuyers are now faced with the problem of coming up with more money for their down payment, among other changes being made. What is to come after these rules take effect should be the rise of interest rates, and if inflation continues to rise [...]
Share Canada has begun to see a turnaround in its housing market – some would say the beginnings of a housing market bubble – because of historically low interest rates. This week, the Bank of Canada, in its quarterly Monetary Policy Report, suggested that they respectfully disagree. Even more importantly from a real estate perspective, [...]
Share The Bank of Canada has come to a decision today, and that is to keep its historically low rate of 0.25%, however it has been noted that there are still significant fragilities in the economy despite the recent upswing. The Bank of Canada is expected to keep the low rate in place in order [...]
Share Spending in Alberta municipalities has outpaced population and inflation growth by a large and unsustainable margin, however in our city of Lethbridge, it has done much better than most cities in keeping the spending in line according to a new study. Province wide, from 2000-2007, population and inflation grew by 45%, but in the [...]
Share Spending in Alberta municipalities has outpaced population and inflation growth by a large and unsustainable margin, however in our city of Lethbridge, it has done much better than most cities in keeping the spending in line according to a new study. Province wide, from 2000-2007, population and inflation grew by 45%, but in the [...]
