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 […]
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 […]
November 24, 2016
With the recent increases in fixed mortgage rates, some of our clients are asking is it time to lock in our variable rate mortgage. It’s […]
October 19, 2016
As expected the Bank of Canada (BOC) kept the prime interest rate the same. With the new mortgage rules brought in by Finance Minster Bill Morneau, the BOC’s […]