Despite slower than expected economic growth, Canada’s Conservative government announced we’re on track to balancing the budget and achieving a surplus by 2015. Here’s what that means for everyday consumers.
The Bank of Canada released the latest rate announcement Wednesday, but did not include a future rate movement forecast for the first time since April 2012.
Mortgages Spotlight: Housing demand in Canada reverses from last year’s sale slump, and investors remain confident as the US shutdown ends – for now.
The US senate agrees to end the government shutdown and raise the debt ceiling, in a last minute resolution avoiding a global financial crisis. But has the damage already been done?
What are mortgage experts saying for the month of October? Fixed mortgage rates are in for a dip as investors seek out safe haven government of Canada bonds, while variable rates are staying put; there has been too little economic growth to warrant a Bank of Canada interest rate change.
Mortgages Spotlight: U.S. uncertainty drives investors to safe haven government of Canada bonds, driving yields and fixed mortgage rates moderately lower.
The US government closed its doors on Monday, sending 800,000 workers home. What’s next, and what are the consequences of a prolonged shutdown?
A U.S. government shutdown could occur tomorrow as congress cannot find agreement on their spending bill. How will this affect Canada’s economy?