My Mortgage Blog — Latest Posts
The Canadian economy and the housing market
We are living in strange times, economically speaking. Mortgage stress tests have slowed the housing market and may be one of the reasons the Bank of Canada has signaled it may pause on increasing...
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The Upside of Alternative and/or Unregulated Lenders
A recent report from the Bank of Canada reviewed the impact of the government's policy changes on the mortgage market. It found that overall market activity had slowed -- something we knew would...
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Bank of Canada increases overnight rate target to 1 1/4 per cent
FOR IMMEDIATE RELEASEOTTAWA – The Bank of Canada today increased its target for the overnight rate to 1 1/4 per cent. The Bank Rate is correspondingly 1 1/2 per cent and the deposit rate is 1 per...
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Government Implements Tax Fairness Measures
Minister Morneau'sannouncementregarding the tax treatment of passive investments for small businesses indicates that he is once again listening to our collective concerns. The government is following...
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