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Monday, August 1st, 2016

Thank Carney and horseshoes for Canada’s stellar performance – Consult with a Vancouver Mortgage Broker

Last Friday’s non-bubbly housing start numbers and weak employment data should not distract Canadians from two key points. First, after a short, sharp economic shock, Canada’s economy began its recovery in late spring 2009 and has hardly paused since. Second, in comparison with the U.S., the EU, and especialy the U.K, Canada’s performance has been […]

Mark Carney: The man who speaks the truth

In this age of spin, rare are the voices that speak with candour. Certainly, the federal government’s vast apparatus can’t be counted on to speak the truth, not with the Harper party’s partisan manipulation of every utterance. Nor can anyone count on the opposition parties, whose game it is to embarrass the government. In the […]

A better way to tap home equity

If you can’t live within your means in your working years, there’s no reason to believe you’ll pull it off in retirement. So let’s start familiarizing ourselves with the options for retirees who didn’t save enough to live the kind of lifestyle they want. One is to go back to work. Easy to say, but […]

Get more out of your TFSA

Canadians love Tax-Free Savings Accounts, but are you getting the full benefit? We spoke to six savvy savers to find out how you can do better When Tax-Free Savings Accounts (TFSAs) first appeared in January 2009, millions of Canadians embraced them with open arms—and open wallets. Even if we’re not a nation of diligent savers, […]

Bank of Canada to stay ‘flexible’ on interest rates

November 24, 2011 by  
Filed under Latest News, Latest Rates, Mortgage FAQ, Recent News

JEREMY TOROBIN The Bank of Canada will continue to take a loose approach to meeting its 2-per-cent inflation target because of the deteriorating global outlook and a European debt crisis that is “barely contained,” Governor Mark Carney says. In his first remarks on inflation-control since the federal government renewed the central bank’s mandate earlier this […]

Crisis underscored risk from credit excesses: Bank of Canada

The 2008-09 crisis and its aftermath have underscored the unique risks that credit-fuelled excesses pose to economies, forcing the Bank of Canada to pay closer attention to financial stability and to be flexible as it pursues its No. 1 goal of keeping inflation tame and reliable, Mark Carney and his policy team said Wednesday. A […]

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