Bank Rates Hover Still So I did promise more of my missed opportunities, but I decided to chat about the Bank of Canada and interest rates today, but worry not,gentle reader I will return to… Read More »Loose Money Continues in May for Canada
Loose Money Continues The Bank of Canada announced yesterday that their Key Overnight Rate will stay at 1% for now, and it does not sounds like a rate increase is likely in the near future.… Read More »Slutty Money from Canada & A Big Winner
Hybrids Needed? Stats Canada published their monthly report on the Consumer Price Index for the 12 month period ending in December 2010, and the CPI jumped to 2.4% (year over year) from 2.0% (year over… Read More »Gas Fuels Inflation for the end of 2010
Raising interest rates and introducing tighter rules for Mortgages in 2011 really slowed down the Real Estate world? No, they didn’t, interest rates dropped again, and the charlatans simply found other ways to get around the rules.
Even in 2010 there was talk of Interest Rate rises but they never really came to pass, and now we seem to be keeping low rates?