Brisk Wage Gains in December Will Keep The BoC Watchful Today’s StatsCanada Labour Force Survey for December was a mixed bag and far more robust than the weak headline figure suggests. Total employment in Canada barely budged, rising by a mere 100 jobs in the final month of last year. However, the labour force participation […]

Stronger-Than-Expected Canadian Inflation Will Keep The BoC On The Sidelines For Now. inflation held steady in november Today’s inflation report was stronger than expected, unchanged from October’s 3.1% pace. While some had forecast a sub-3% reading, the November CPI data posted a welcome slowdown in food and shelter prices. Increases in recreation and clothing offset […]

In the next 2-3 years Canada will experience the MOST amount of mortgage renewals in Canadian History.  We expect to see over 5 Billion Renewals.  Check out the below blog post to prepare! December 12, 2023 Mortgage Renewal Benefits. Is your mortgage coming up for renewal? Do you know about all the incredible options renewing […]

Avoid Costly Mistakes When Building a New Home. Building a new home is a super exciting endeavor as you opt to create the perfect space for you and your family. However, building a home is not without its costs and potential surprises… to mitigate bumps on your homebuilding journey and avoid costly mistakes, consider the […]

Winterizing Your Home. We Canadians are no strangers to the chill of the winter season! As we shift into the final few months of 2023, now is a great time to check your home before the cold front hits. Below I have included a few tips that could help you save on bills, prevent future […]

Bank of Canada Holds The Overnight Policy Rate Steady at 5% For the Third Consecutive Meeting. It was widely expected that the Bank of Canada would maintain its key policy rate at 5% for the third consecutive time. It will continue to sell government securities (quantitative tightening) to normalize its balance sheet. Market participants weighed […]

Bank of Canada Holds Steady Amid Continued Trade Uncertainty The Bank of Canada maintained its target for the overnight rate at 1.75% for the ninth consecutive policy announcement, keeping the key interest rate stable for all of 2019. Today’s decision was widely expected as members of the Governing Council have signalled that the Bank is […]