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National Snapshot: How’s the Real Estate Market?

Monday Sep 02nd, 2019

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National Snapshot: How’s the Real Estate Market? The Canadian real estate market is heating up again! After a cooldown in 2018, economists predicted a modest rebound this year. However, the housing market has exceeded exurately track pricing trends across comparable homes—shows a slow but steady climb since January.1 Toronto-Dominion Bank Economist James Marple attributes the increase in housing prices and sales activity to positive economic fundamentals. “As they have in... [read more]

The Bank of Canada holds its target for the overnight rate at 1 ¾ per cent

Wednesday Jan 09th, 2019

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The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent. The global economic expansion continues to moderate, with growth forecast to slow to 3.4 per cent in 2019 from 3.7 per cent in 2018. In particular, growth in the United States remains solid but is expected to slow to a more sustainable pace through 2019. However, there are increasing signs that the... [read more]

The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent

Wednesday Dec 05th, 2018

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The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent. The global economic expansion is moderating largely as expected, but signs are emerging that trade conflicts are weighing more heavily on global demand. Recent encouraging developments at the G20 meetings are a reminder that there are upside as well as downside risks around trade policy. Growth in... [read more]

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