CRA HIRES 70 MORE AUDITORS – RE-EVALUATES 500 HIGH DOLLAR VALUE DEALS! CMHC RED WARNING AND WHAT IT REALLY MEANS THE OTHER OCEANFRONT AND HIGH IMMIGRATION MARKET BOC HOLDS RATES AND CONTINIUES TO WORRY CAP RATES FATTER FOR ALBERTA RENTALS QUESTIONS, QUESTIONS – RENTS GOING DOWN IN DOWNTOWN?
The new mortgage rules just announced by the Federal Government could well be – in our view – the straw that breaks the camel’s back. An early Christmas present for the 6 big banks. A kick in the teeth for all other lenders. Knock out to mortgage competition in Canada.
Ask your bank why! When the Bank of Canada cuts interest rates, it does so in an effort to jumpstart the economy by making it cheaper for consumers and companies to borrow money. The central bank cut its rate by a quarter percentage point last Wednesday, the second such increase this year for a total of