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May 2013 - Posts

Interest Rates Remain Status Quo

But for how long? With today's Bank of Canada rate announcement, there was also an indication our economy is stronger than the Bank projected. But weak inflation continues to signify that rates aren't ready to move. Yet. In contrast, last week

Flaherty dismisses fears over housing slowdown

Note that this information is outdated. Finance Minister Jim Flaherty is dismissing fears about Canada's housing market, saying the current slowdown is welcome news and that there is no need for further government intervention. Read More

As cross-border shopping grows, Canadian retailers told to boost Web presence

Note that this information is outdated. Canadian retailers need to develop a stronger presence on the Web lest they lose additional ground to online U.S. rivals eying a piece of this market, an industry conference heard Tuesday. Read More

Condo Culture: Pay your maintenance fees, or be forced to

Note that this information is outdated. Some new condominium buyers move in and forget they have to pay a monthly condo fee. I sit on the board; are we permitted to request 12 post-dated cheques for the year so we don’t have to chase these people

Would shorter amortizations make the housing market safer?

Note that this information is outdated. Would shorter amortizations make the housing market safer? Read More