January 17, 2018
The Bank of Canada (BOC) increased the prime lending rate today by 0.25%, meaning the prime rate by the end of business today should end up at 3.45% unless you […]
December 6, 2017
As anticipated, the Bank of Canada (BOC) left the prime rate unchanged today. The Governor’s comments seemed to describe the economy as that rare breed of […]
November 8, 2017
As of January 1st, 2018 the mortgage qualifying rules are about to change dramatically. The good news is only two groups of Canadians will be impacted: 1. Those who […]
October 25, 2017
The BOC Governor’s daily affirmation goes something like this… ” I must keep inflation at 2%, I must keep inflation at 2%” … so with the NAFTA agreement potentially on death row, and the new […]
September 6, 2017
The Bank of Canada (BOC) raised the prime rate by 0.25% today taking the last of the 2015 emergency stimulus out of the system. The rate […]
July 12, 2017
The Bank of Canada (BOC) raised the prime rate by 0.25% today. It’s a move that isn’t so much designed to slow the economy down, but […]