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Lori MacDonald || October 27, 2023

Is the Bank of Canada finally done hiking rates?

As was widely expected, the Bank of Canada delivered a second consecutive rate hold today, leaving its key benchmark rate at 5.00%.That was welcome news for variable-rate mortgage holders, who won’t...

Lori MacDonald || October 17, 2023

Managing Mortgage Payment Difficulties: A Comprehensive Guide

Facing difficulties with your mortgage payments can be stressful, but there are steps you can take to navigate this challenging situation. In this guide, we'll walk you through the key strategies for...

Lori MacDonald || September 16, 2023

Real estate activity continued to ease in August

Sales of existing homes continued to moderate in August following the Bank of Canada’s latest interest rate hikes in June and July.Sales fell 4.1% from July and are now 10% below their pre-pandemic...

Lori MacDonald || August 06, 2023

Canada lost jobs in July, unemployment rate rises to 5.5%

The Canadian economy unexpectedly lost 6,400 jobs in July, according todatareleased this morning from Statistics Canada.The overall employment figure consisted of a loss of 8,100 part-time positions...