Carney speaks about the government’s current issues with household finances. Are Canadians taking on too much debt?

July 2010 could mean higher mortgage rates and higher taxes given the BOC’s plan to remove their freeze on interest rates and the introduction of HST

The housing market remains hot in the fourth quarter as the loonie continues to be strong and the Bank of Canada announced no plans to increase overnight lending rates, putting all previous speculations to rest. This is great news for the economy and the real estate market as consumer demand continues to grow.