by Nick Axford | Nov 8, 2022 | Guest Columns
The Bank of Canada (BoC) has been leading the charge by global central banks in raising interest rates to tackle inflation. Last week, it announced a 50-basis point (bps) increase which took the target rate to 3.75 per cent – well above its estimate of the...
by Brianna Frith | Nov 1, 2022 | Guest Columns
As interest rates continue to rise, so does the level of concern for investors in the market. Many are wondering if this is the start of a market crash, though not everyone is scared. Some see this as an opportunity to invest in real estate while the prices remain...
by Kunal Sawhney | Mar 21, 2022 | Columnists
Canadians know these are not the best times. In the domestic economy, 200,000 jobs were lost in January this year, taking the unemployment rate to 6.5 per cent. What was notable is that a hike in joblessness was recorded for the first time since April 2021, defying...
by Kunal Sawhney | Feb 28, 2022 | Columnists
Could soaring home prices trigger a “Freedom Convoy” type protest by disgruntled low-income households? The Bank of Canada used monetary policy manoeuvres to preserve liquidity in the wake of COVID disruptions. This mirrored the policy actions of other central banks...
by Freddy and Linda Marks | Feb 10, 2022 | Columnists, Featured
Canadian Mortgage and Housing Corporation was created in 1946, as a Crown corporation dedicated to helping Second World War soldiers and those affected by the Depression get access to affordable mortgages to buy a home. As the country and economy grew, CMHC took on...