Let's chat: 705-716-6141
|
My Mortgage Blog — Latest Posts
Job growth surprises in June. Will it delay another BoC rate cut?
Canada’s labour market showed unexpected strength in June, adding 83,000 jobs—marking the first monthly employment increase since January. The national unemployment rate edged down to 6.9%, reversing...
Read More
Home sales post first monthly gain since November, but market still cooling year
Canada’s housing market posted a modest rebound in May, with home sales rising 3.6% from April, marking the first national monthly increase in more than six months, the Canadian Real Estate...
Read More
BoC holds rates steady, but more cuts could be on the way
The Bank of Canada held its key interest rate steady at 2.75% this week, delivering its second consecutive pause as it weighs the impact of persistent inflation and new trade-related risks. The...
Read More
Canada set to grow in different ways
The Canadian economy is poised to grow again, but in a very different way according to the Bank of Canada’s (BoC) recently-released Monetary Policy Report. The BoC expects global economic growth to...
Read More