by Geoff | Oct 14, 2016 | Economy
A perfect example of the unpredictable volatility in the Canadian jobs report, the September gain of 67,000 jobs was dramatically larger than economists’ expectations of roughly 7,500 new jobs. Most of the rise was in part-time work, however, and it was boosted by...
by Geoff | Sep 1, 2016 | Economy
According to data released this morning by Statistics Canada, the Canadian economy declined at a 1.6% annual pace in the second quarter, the largest quarterly decline since the global financial crisis in Q2 2009. In comparison, the U.S. economy grew at a 1.1% annual...
by Geoff | Jul 28, 2016 | Economy, Finances
Chances are, you’ve seen real estate listings that end with terms like, “as-is, where-is” or “court ordered sale” or even “offers subject to court approval” and wondered if the listing prices were real. Or even wondered if you should be looking at foreclosed...
by Geoff | Jul 21, 2016 | Economy
This is the great debate around many household dinner tables nowadays: improve or move? With all the attention the real estate market is getting these days in the local and national media, I’m surprised everybody isn’t cashing in, selling and moving. Everybody who...
by Geoff | Mar 30, 2016 | Economy, Finances, Rates
Borrower or credit costs can be outrageous. To go get a line of credit you are usually paying upwards of 6% to 7.5%. These lines of credit can be based on interest only or principle and interest payments. This kind of loan is based on how the lender views you as a...
by Geoff | Mar 24, 2016 | Economy, Market Updates
To no one’s surprise, the Bank of Canada announced recently that it would leave its overnight rate target at 1/2%, just as it did on January 20 when it last met. The Bank noted that financial market volatility has slowed since the last meeting and oil prices and the...
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