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12 Cash-Flow Assumptions You Haven’t Thought of Yet

October 24, 2011 Buying
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Last weekend Brent and I attended one of the Real Estate Investment Networks’ ACRES weekends. It’s always a good refresher weekend and the people I meet there always amaze and inspire me. We often take out a booth to share our listings and our services as REALTORS®. However, since Brent joined me this July, we’ve [...]

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Bank of Canada Holds Steady

December 8, 2010 Financing
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Surprising no one, the Bank of Canada chose not to raise interest rates yesterday, maintaining the benchmark overnight rate at 1%, which makes the banks’ prime rate 3%. From the BoC press release: The recovery in Canada is proceeding at a moderate pace, although economic activity in the second half of 2010 appears slightly weaker [...]

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BofC Overnight Target Up 0.25%

September 9, 2010 Financing

As many expected, the Bank of Canada raised rates 0.25%, making the overnight rate 1%. Most banks followed suit, making the prime rate 3%. Here’s the high points from the press release (via Canadian Mortgage Trends) “…Consumption growth is expected to remain solid and business investment to rise strongly.” “The Bank now expects the economic [...]

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September 8th Bank of Canada Predictions

September 7, 2010 Business

I know we’re cutting it a little close with this one, but when the Bank of Canada releases the new overnight rate tomorrow morning, do you think it’s going to go up or down? I’ll share the responses tomorrow after the announcement. Loading…

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Don Campbell on Fixed vs. Variable Mortgage Rates

June 8, 2010 Financing

There’s been some great material at the last few REIN meetings about mortgages, particularly timely given the Bank of Canada’s decision to raise prime. Don Campbell was on BNN, CBC, Alberta Primetime and a couple others talking about the best way to approach the coming rate hikes. Watch the video or scroll under to get [...]

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Almost Out of the Recession and Growing

July 23, 2009 News

The Bank of Canada released the July Monetary Policy Report. Straight from the mouth of Mark Carney: The Bank has long expected that economic growth in Canada would resume in the second half of this year and pick up in 2010. Indeed, growth in Canada should resume this quarter. The dynamics of the recovery projected [...]

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Are Canadian investors ready for 10% GDP growth?

July 22, 2009 News

There was an interesting article in the Globe last week referring to Cheryl King’s (Merrill Lynch)  comments on a report from the Bank of Canada. nvestors should brace themselves for explosive economic growth in the coming quarters as trade with the United States rebounds, Merrill Lynch said Tuesday. Economist Sheryl King said the latest Bank [...]

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