by adminpro | Jul 14, 2022 | Sin categoría
The Bank of Canada raised its key lending rate by 100 basis points this morning, bringing it to 2.50%. The Bank said inflation is “higher and more persistent” than what it had forecast in April, and will likely remain “around 8% in the next few months.” In its... by adminpro | Jul 9, 2022 | Sin categoría
Banking Regulator making some changes to Home Equity Lines of Credit Last week, Canada’s banking regulator unveiled new rules that will govern how borrowers may use Home Equity Lines of Credit (HELOCs). The new guidelines unveiled by the Office of the... by adminpro | Jun 3, 2022 | Sin categoría
Bank of Canada Raises Rate by 50 bps As expected, the Bank of Canada has raised its key lending rate by 50 basis points, bringing it to 1.50%. In its statement accompanying the decision, the Bank said, “the risk of elevated inflation becoming entrenched has risen” and... 
by adminpro | May 6, 2022 | Sin categoría
Over the course of the pandemic, the desire for more space and a place to just hunker down surged. For some, that place was a cottage or other type of recreational property.Fast-forward to today and in many of the country’s top recreational regions demand remains... 
by adminpro | Apr 14, 2022 | Sin categoría
Things to know about central bank rate hikes The Bank of Canada is moving ahead with yet another rate hike, despite decades of high inflation rates and record-low unemployment rates. So, what do you need to know about the connection between interest rates and the...
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