12/4/2022 | Posted in Canadian Economy and Interest Rates by Heather Ann Lemieux
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The Bank of Canada is expected to increase interest rates once more this week, capping off a tumultuous year for the central bank. ... More

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  11/16/2022 | Posted in Canadian Economy and Interest Rates by Heather Ann Lemieux
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While Governor Tiff Macklem had left the door open to another oversized increase, the inflation data was seen supporting a downshift to a standard 25-bp increase, with the option ... More

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  10/25/2022 | Posted in Canadian Economy and Interest Rates by Heather Ann Lemieux
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ven as warnings about a potential recession grow louder, the Bank of Canada is expected to announce another hefty interest rate hike on Wednesday. ... More

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  10/14/2022 | Posted in Canada Living by Heather Ann Lemieux
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Many economists say a mild recession is on the cards as they look ahead to 2023. ... More

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  10/7/2022 | Posted in Mortgage Interest Rates by Heather Ann Lemieux
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Having already raised interest rates by 300 basis points this year, the Bank of Canada’s Tiff Macklem confirmed on Thursday that additional rate hikes (plural form) are ... More

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  10/4/2022 | Posted in Home Buyers by Heather Ann Lemieux
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With high inflation and rising interest rates, a new survey has found nearly one in five Canadians say they're putting off buying a home. ... More

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  10/3/2022 | Posted in Interest Rates by Heather Ann Lemieux
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While many economists have predicted the Bank of Canada’s interest rate will peak at 4%, the Organisation for Economic Co-operation and Development (OECD) has gone five ... More

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  8/9/2022 | Posted in Canadian Economy and Interest Rates by Heather Ann Lemieux
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A massive rate jump at the central bank’s meeting next month is a near certainty, economists say ... More

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  4/15/2020 | Posted in Canadian Economy and Interest Rates by Heather Ann Lemieux
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The Bank of Canada on Wednesday said the coronavirus outbreak was set to trigger the biggest ever near-term Canadian downturn but suspended its regular economic forecasts, citing ... More

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  3/27/2020 | Posted in Canadian Economy and Interest Rates by Heather Ann Lemieux
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The Bank of Canada is cutting its key interest target by half a percentage point to 0.25 per cent in an unscheduled rate announcement. ... More

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  3/19/2020 | Posted in Canadian Economy and Housing Market by Heather Ann Lemieux
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A measure of Canada’s consumer confidence has reported its biggest drop ever amid the COVID-19 pandemic. ... More

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  3/13/2020 | Posted in Canadian Economy and Interest Rates by Heather Ann Lemieux
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The Bank of Canada cut its trend-setting interest rate by half a percentage point to 0.75 per cent from 1.25 per cent in a surprise move on Friday aimed at softening the economic ... More

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  1/22/2020 | Posted in Mortgages and Real Estate by Heather Ann Lemieux
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The Bank of Canada held interest rates steady but expressed heightened concern about a slowing economy. ... More

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  12/18/2019 | Posted in Canada Living by Heather Ann Lemieux
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There will be growth for the Canadian economy in the next two years as the country avoids recession. ... More

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  11/25/2019 | Posted in Global Real Estate Markets by Heather Ann Lemieux
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A global recession would bring challenges for the global real estate market but it is unlikely next year according to one major firm’s leader. ... More

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  9/23/2019 | Posted in Commercial Real Estate by Heather Ann Lemieux
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The cities where commercial real estate will thrive will be those that can adapt to the emerging demands of corporates and investors according to a new report. ... More

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  9/20/2019 | Posted in Real Estate Investments by Heather Ann Lemieux
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Surprise city makes the list. ... More

Real Estate & Mortgage News

  9/4/2019 | Posted in Interest Rates by Heather Ann Lemieux
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The Bank of Canada resisted pressure from investors by declining to signal it will soon follow global peers in easing monetary policy. ... More

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  8/2/2019 | Posted in Canadian Economy and Housing Market by Heather Ann Lemieux
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Here’s a look at how lower rates south of the border could ripple through our country, according to five experts. ... More

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  6/20/2019 | Posted in Canadian Economy and Interest Rates by Heather Ann Lemieux
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Canadian inflation quickened in May on increases across all eight major components, giving the Bank of Canada plenty of scope to hold interest ... More

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  5/22/2019 | Posted in Canadian Economy and Housing Market by Heather Ann Lemieux
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Canada should hold off on changes to make homebuying more affordable but should speed up efforts to reduce trade barriers within its borders, advises the International Monetary ... More

Real Estate & Mortgage News

  5/21/2019 | Posted in Interest Rates by Heather Ann Lemieux
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Bank of Canada Governor Stephen Poloz said he sees the slowdown in Canada’s economy as temporary and that interest rates will likely go up – he just doesn’t know ... More

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  5/1/2019 | Posted in Interest Rates by Heather Ann Lemieux
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The latest reading of Canada’s economy brings both good and bad news for the housing market. ... More

Real Estate & Mortgage News

  4/1/2019 | Posted in Real Estate Market by Heather Ann Lemieux
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The start of 2019 saw an uptick for Canada’s construction sector as both residential and non-residential posted gains; and a stronger showing for real estate brokerages. ... More

Real Estate & Mortgage News

  3/12/2019 | Posted in Canadian Housing Market by Heather Ann Lemieux
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Here are four record-breaking phenomena that suggest we have reached a real turning point in Canadian real estate. ... More

Real Estate & Mortgage News

  3/10/2019 | Posted in Canadian Economy and Housing Market by Heather Ann Lemieux
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Residential investment is falling, and that's a clear sign of hard times in Canada's economy, the Bank of Montreal says. ... More

Real Estate & Mortgage News

  3/7/2019 | Posted in Toronto News by Heather Ann Lemieux
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Toronto has broken into North America’s top-five cities for tech talent as the city undergoes an economic boom. ... More

Real Estate & Mortgage News

  3/6/2019 | Posted in Interest Rates by Heather Ann Lemieux
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The Bank of Canada (BoC) is keeping its key interest rate target on hold at 1.75 per cent on Wednesday, citing concerns about the global economy and Canada’s own recent ... More

Real Estate & Mortgage News

  2/28/2019 | Posted in Canadian Economy and Interest Rates by Heather Ann Lemieux
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Capital Economics predicts that The Bank of Canada will cut its key lending rate in December as a weakening housing market and oil sector headwinds drag GDP growth back below ... More

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