7/14/2021 | Posted in Mortgage Interest Rates by Ron Hyde
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The Bank of Canada has announced in its July statement that it will hold its target for the overnight rate at the effective lower bound of 0.25%, staying the course on its ... More
6/9/2021 | Posted in Canadian Economy and Interest Rates by Ron Hyde
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Bank of Canada will hold current level of policy rate until inflation objective is sustainably achieved, continues quantitative easing ... More
3/8/2021 | Posted in Canadian Economy and Interest Rates by Ron Hyde
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Investors see rising chances that the Bank of Canada would hike interest rates next year as the economic outlook improves, but the central bank is likely to push back against ... More
12/10/2020 | Posted in Canadian Housing Market Predictions by Ron Hyde
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The bank is expecting home prices to fall by 8% and remain muted until well into 2023. ... More
12/3/2020 | Posted in Canadian Economy and Housing Market by Ron Hyde
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Canada's pandemic-weary economy is poised to "take off like a rocket" in the latter part of 2021, says CIBC World Markets deputy chief economist Benjamin Tal. His ... More
10/21/2020 | Posted in Canadian Economy by Ron Hyde
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Recently polled economists say the bank must be more proactive in guiding the Canadian financial system. ... More
10/1/2020 | Posted in Canadian Economy and Interest Rates by Ron Hyde
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A growing number of industries are now moving closer to their pre-pandemic output levels, as Canada’s gross domestic product increased by 3% monthly in July, according to ... More
8/28/2020 | Posted in Canadian Economy and Interest Rates by Ron Hyde
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The Bank of Canada is starting to worry about inflation. Not because it sees any, mind. ... More
8/18/2020 | Posted in Canadian Economy and Housing Market by Ron Hyde
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Canadian immigration plummeted by almost two thirds in the second quarter as border restrictions remained in effect. ... More
7/14/2020 | Posted in Canadian Economy and Housing Market by Ron Hyde
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While Canadian housing starts have gained momentum and are on pace for more than 200,000 this year, CIBC World Markets managing director and deputy chief economist Benjamin Tal ... More
6/24/2020 | Posted in Canadian Housing Market Predictions by Ron Hyde
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Canada Mortgage and Housing Corp. expects a drop in home prices in the country’s biggest cities amid “severe declines” in home sales and construction. ... More
5/30/2020 | Posted in Canadian Economy by Ron Hyde
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The Canadian economy took a historic dive in March as the country imposed lockdown measures to curb the spread of COVID-19 – and worse results are expected for April. ... More
4/15/2020 | Posted in Canadian Economy and Interest Rates by Ron Hyde
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The Bank of Canada on Wednesday said the coronavirus outbreak was set to trigger the biggest ever near-term Canadian downturn but suspended its regular economic forecasts, citing ... More
3/27/2020 | Posted in Canadian Economy and Interest Rates by Ron Hyde
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The Bank of Canada is cutting its key interest target by half a percentage point to 0.25 per cent in an unscheduled rate announcement. ... More
3/19/2020 | Posted in Canadian Economy and Housing Market by Ron Hyde
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A measure of Canada’s consumer confidence has reported its biggest drop ever amid the COVID-19 pandemic. ... More
3/13/2020 | Posted in Canadian Economy and Interest Rates by Ron Hyde
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The Bank of Canada cut its trend-setting interest rate by half a percentage point to 0.75 per cent from 1.25 per cent in a surprise move on Friday aimed at softening the economic ... More
1/22/2020 | Posted in Mortgages and Real Estate by Ron Hyde
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The Bank of Canada held interest rates steady but expressed heightened concern about a slowing economy. ... More
12/18/2019 | Posted in Canada Living by Ron Hyde
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There will be growth for the Canadian economy in the next two years as the country avoids recession. ... More
11/25/2019 | Posted in Global Real Estate Markets by Ron Hyde
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A global recession would bring challenges for the global real estate market but it is unlikely next year according to one major firm’s leader. ... More
9/23/2019 | Posted in Commercial Real Estate by Ron Hyde
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The cities where commercial real estate will thrive will be those that can adapt to the emerging demands of corporates and investors according to a new report. ... More
9/20/2019 | Posted in Real Estate Investments by Ron Hyde
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Surprise city makes the list. ... More
9/4/2019 | Posted in Interest Rates by Ron Hyde
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The Bank of Canada resisted pressure from investors by declining to signal it will soon follow global peers in easing monetary policy. ... More
8/2/2019 | Posted in Canadian Economy and Housing Market by Ron Hyde
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Here’s a look at how lower rates south of the border could ripple through our country, according to five experts. ... More
6/20/2019 | Posted in Canadian Economy and Interest Rates by Ron Hyde
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Canadian inflation quickened in May on increases across all eight major components, giving the Bank of Canada plenty of scope to hold interest ... More
5/22/2019 | Posted in Canadian Economy and Housing Market by Ron Hyde
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Canada should hold off on changes to make homebuying more affordable but should speed up efforts to reduce trade barriers within its borders, advises the International Monetary ... More
5/21/2019 | Posted in Interest Rates by Ron Hyde
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Bank of Canada Governor Stephen Poloz said he sees the slowdown in Canada’s economy as temporary and that interest rates will likely go up – he just doesn’t know ... More
5/1/2019 | Posted in Interest Rates by Ron Hyde
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The latest reading of Canada’s economy brings both good and bad news for the housing market. ... More
4/2/2019 | Posted in Canadian Economy and Interest Rates by Ron Hyde
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Poloz's optimism Monday about the future could ease speculation the central bank could lower rates. ... More
4/1/2019 | Posted in Real Estate Market by Ron Hyde
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The start of 2019 saw an uptick for Canada’s construction sector as both residential and non-residential posted gains; and a stronger showing for real estate brokerages. ... More
3/12/2019 | Posted in Canadian Housing Market by Ron Hyde
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Here are four record-breaking phenomena that suggest we have reached a real turning point in Canadian real estate. ... More
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