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Bank of Canada Rate Announcement May 29th, 2019

Bank of Canada Rate Announcement May 29th, 2019

by Renee Wynter | May 29, 2019 | Announcements, Blog, Mortgage

The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent. Recent Canadian economic data are in line with the projections in the Bank’s April Monetary Policy...
Bank of Canada Rate Announcement May 29th, 2019

Bank of Canada Rate Announcement April 24th, 2019

by Renee Wynter | Apr 24, 2019 | Announcements, Blog, Mortgage

The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent. Global economic growth has slowed by more than the Bank forecast in its January Monetary Policy...
RRSP Home Buyers’ Plan Gets a Boost

RRSP Home Buyers’ Plan Gets a Boost

by Renee Wynter | Apr 5, 2019 | Announcements, Blog, Economy, Finance, Homeownership, Mortgage

Great news for first-time buyers! In mid-March, the federal government delivered the 2019 budget, which included an increase to this popular incentive program. Housing availability and affordability have become increasingly difficult for many Canadians, which is why...
Bank of Canada Rate Announcement May 29th, 2019

Bank of Canada Rate Announcement Mar 6th, 2019

by Renee Wynter | Mar 6, 2019 | Announcements, Blog, Mortgage

The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent. Recent data suggest that the slowdown in the global economy has been more pronounced and widespread...
Bank of Canada Rate Announcement May 29th, 2019

Bank of Canada Rate Announcement Jan 9th, 2019

by Renee Wynter | Jan 9, 2019 | Announcements, Blog, Mortgage

The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent. The global economic expansion continues to moderate, with growth forecast to slow to 3.4 per cent...
Bank of Canada Rate Announcement May 29th, 2019

Bank of Canada Rate Announcement Dec 5th, 2018

by Renee Wynter | Dec 5, 2018 | Announcements, Blog, Mortgage

The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent. The global economic expansion is moderating largely as expected, but signs are emerging that trade...
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