by Kunal Sawhney | Jun 23, 2021 | Columnists, Featured
Money is a limited resource. There is a reason why the Bank of Canada oversees the country’s monetary policy. If there’s enough liquidity in the market, people and businesses tend to borrow. Increased borrowing translates into spending and the resulting debt may turn...
by Kunal Sawhney | Jun 7, 2021 | Columnists
Housing is more a necessity than a luxury; it is more an essential expenditure than an investment option. Houses in Canada are becoming increasingly unaffordable. The trend has defied all predictions. Back in May 2020, Canada Mortgage and Housing Corporation (CMHC)...
by Phil Soper | Mar 6, 2020 | Letters to the Editor
On March 4, Bank of Canada joined other central banks in cutting its target interest rate, an appropriate step that it believes will mitigate the damage caused by the coronavirus. This new health scare has impacted families in many countries around the world and in...
by Yvonne Dick | May 25, 2017 | Advice for Agents, Featured
We live in interesting times, as the Chinese proverb goes. The presidential election in the United States shows us the ripple effect that can occur when our neighbours to the south do something a little different with policies and rules. While the Bank of Canada...
by Don Procter | Feb 20, 2015 | Advice for Agents, Featured
While banks and mortgage lenders reluctantly cut lending rates after the Bank of Canada dropped its interest rate, buyers of real estate have much more to consider than the lending rates when they choose a mortgage. Lenders that allow frequent lump sum payments,...
