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Bank of Canada Rate Announcement Sept 7th, 2016

Bank of Canada Rate Announcement Sept 7th, 2016

by Renee Wynter | Sep 7, 2016 | Announcements, Blog, Mortgage

The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent. Global growth in the first half of 2016 was slower than the Bank had...
More Oversight for Mortgages in Canada?

More Oversight for Mortgages in Canada?

by Renee Wynter | Jul 26, 2016 | Announcements, Blog, Homeownership

Although no firm changes have been announced regarding mortgage regulations, it looks like this might be the beginning of something. The following is correspondence shared by Mortgage Professionals Canada by email to the mortgage industry, it has been shared here for...
Bank of Canada Rate Announcement Sept 7th, 2016

Bank of Canada Rate Announcement July 13th, 2016

by Renee Wynter | Jul 13, 2016 | Announcements, Blog, Mortgage

The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent.Inflation in Canada is on track to return to 2 per cent in 2017 as the...
Bank of Canada Rate Announcement Sept 7th, 2016

Bank of Canada Rate Announcement May 25th, 2016

by Renee Wynter | May 25, 2016 | Announcements, Blog, Mortgage

The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent.The global economy is evolving largely as the Bank projected in its April...
Bank of Canada Rate Announcement Sept 7th, 2016

Bank of Canada Rate Announcement April 13th, 2016

by Renee Wynter | Apr 13, 2016 | Announcements, Blog, Mortgage

The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent. Growth in the global economy is expected to strengthen gradually from about...
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