Bank of Canada Update: Holding Its Benchmark Interest Rate
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Bank of Canada Update: Holding Its Benchmark Interest Rate

Bank of Canada Rate Update – December 7, 2016 As expected, the Bank of Canada is holding its benchmark interest rate at 0.5 per cent. The scheduled announcement today was in line with expectations. “Following a very weak first half of 2016, growth in the third quarter rebounded strongly, but more moderate growth is anticipated … Continue reading »

Bank of Canada Holds Key Rate Following Mortgage Changes, Revises Economic Outlook
Buying A Home / Economic News / First Time Home Buyers / Home Ownership / Mortgage News / Mortgages / Mortgages 101 / Personal Finance / Personal Finance News / Refinancing and Renewing / RSM News / Selling Your Home / Uncategorized

Bank of Canada Holds Key Rate Following Mortgage Changes, Revises Economic Outlook

As expected, the Bank of Canada is holding the overnight lending rate at 0.5 per cent – where it’s been since July 2015. Read on for the Bank’s revised forecast for the Canadian economy. Continue reading »

No Change in Overnight Lending Rate: Bank of Canada Announcement
Buying A Home / Economic News / First Time Home Buyers / Home Ownership / Lifestyle / Mortgage News / Mortgage Rate Outlook Panel / Mortgages / Mortgages 101 / Personal Finance / Refinancing and Renewing / RSM News / Selling Your Home / Uncategorized / Your Budget

No Change in Overnight Lending Rate: Bank of Canada Announcement

No surprise this time around: The Bank of Canada is leaving the overnight lending rate at 0.5 per cent – where it has been since July of 2015. Read on to find out how this will impact fixed and variable rate mortgages. Continue reading »

A $750-Billion Inheritance: Baby Boomers to Experience Canada’s Largest-Ever Transfer of Wealth
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A $750-Billion Inheritance: Baby Boomers to Experience Canada’s Largest-Ever Transfer of Wealth

It’s Canada’s largest-ever transfer of wealth: Canadian Baby Boomers will be on the receiving end of inheritance worth a total of $750-billion over the next decade. Continue reading »