RBC Survey: Canadians Feel National Outlook Will Improve
New research by the Royal Bank of Canada (RBC) suggests that recession weary Canadians are divided on the future of the country’s economy; however there is much more hope for the year ahead.
According to the data, 60% of people across Canada feel that the national economy will improve in 2010 after 2009 being spent in [...]
Lending Cost Going up in Late 2010
The Royal Bank of Canada (RBC) expects that Canadians being hit by higher interest rates in the second half of 2010 and in 2011.
RBC economists note that the Bank of Canada will be among the group of central banks to more off floor low rate with the Canadian bank’s overnight rate finishing 2010 at 1.25%.
RBC [...]
RBC: Canadian Homeownership Becomes more Expensive
The cost of homeownership in Canada has become more expensive in the third quarter according to a report by RBC Economics Research.
Royal Bank of Canada (RBC) noted that this has not happened since the spring of 2008, and that was due to a slight rise in mortgage rates and higher property values.
The RBC index measures [...]
Saskatchewan and Manitoba Set to Spend Most Renovations in Canada
Homeowners in Saskatchewan and Manitoba are planning to spend on home renovations despite of the slowing economy according to a recent Royal Bank of Canada (RBC) survey.
The RBC survey found that 73% of Saskatchewan and Manitoba plan to make renovations on their home within the next two years. The report goes on to say that [...]
RBC: Renovation Tax Credit Boosts Home Improvements Projects Across Canada
According to a new Royal Bank of Canada (RBC) study, it shows that a majority of Canadian renovators (63%) plan to take advantage of the federal governments’ home renovation tax credit this year, and 47% has already done more renovations because of the tax break.
This survey was conducted by Ipsos Reid, and found that 76% [...]



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