A detailed look at today’s BoC announcement from Dominion Lending’s Chief Economist Dr. Sherry Cooper. As expected, the Bank held its target overnight rate at the effective lower bound of 25 basis points with the clear notion that negative policy rates are not in the cards. Instead, the central bank will continue to rely on large-scale asset purchases–quantitative […]

Some great tips for keeping your home in tip top shape from our friends at REW. A list for maintaining and even improving your home’s value By Justin Kerby Oct 23, 2020 Purchasing a home is a major life event, but homeownership is a lot more than closing a sale and moving to a new address. […]

Consumer confidence is up… more from our friends at First National. Oct 26, 2020 First National Financial LP Canadians’ confidence in the economy moved back to the optimistic side of the ledger in the third quarter. The Bank of Canada’s latest Canadian Survey of Consumer Expectations suggests the outlook has turned positive compared to the […]

More positives to report from our friends at First National. Oct 19, 2020 First National Financial LP Another report and another round of startling numbers from Canada’s housing market. The Canadian Real Estate Association is reporting its best September ever.  Sales rose nearly 46% compared to a year ago.  That is 20,000 units more than […]

Your housing market update by DLC’s Chief Economist Dr. Sherry Cooper. Today’s release of September housing data by the Canadian Real Estate Association (CREA) shows national home sales rose 0.9% on a month-over-month (m-o-m) (see chart below). This continues the rebound in housing that began five months ago amid record-tight market conditions. “Along with historic […]

Some great insight from our friends at First National. Oct 13, 2020 First National Financial LP The latest employment numbers coupled with the September reports from the Toronto and Vancouver real estate boards have triggered a lot of optimism about Canada’s economic recovery and the state of the housing market. Statistics Canada reports the economy […]

Some good tips from our friends at REW Rentals.  Attention landlords and renters: here’s what’s hot in Canada’s rental market. By Justin Kerby Sep 18, 2020 Every renter has their own unique criteria for what they’re looking for in a home. However, there are a few notable features that are always in high demand. Whether you’re […]

What better way to prepare your kids for the future than teaching them about finances. Some great tips from our friends at Dominion Lending.  Did you know? According to a 2019 RBC Family Finances Poll, 9 out of 10 parents (96%) are financially supporting their children (ages 18-35 years). On average, this costs parents $5,623 […]

Some great advice from our friends at DLC.  It’s time to go back to school… for your finances! The Fall is the perfect time for a credit clean-up so that you are ready for the holiday spending season. When it comes to cleaning up credit, there is no better time than now to recognize the […]

How are we faring during Covid? More from our friends at First National. Sep 14, 2020 First National Financial LP One of the biggest vulnerabilities in the Canadian economy got a bit smaller in the second quarter. Statistics Canada reports that the amount of debt-to-household-income dipped to 158.2%, from 175.4% in the first quarter.  So, […]