OTTAWA - For the first time in nearly three years, Canada's central bank has begun cranking up its key lending rate from historic lows, even as the country's stronger-than-expected economic rebound is being overshadowed by an "uneven" global recovery and the European debt crisis.
The Bank of Canada on Tuesday raised its overnight target rate a quarter-point to 0.5 per cent.
Although conc ...
UBC Condo Market update
The UBC condo market seems to have faired better than the Downtown Vancouver condo market in 2010 so far. Ratios of listings to sales are healthier from a seller's perspective and for such a small geographical area, sales have bean ...
Downtown Vancouver's Luxury Condo Market
Vancouver's downtown condo market has become increasingly challenging for sellers in 2010. Uncertainty surrounding interest rates and global economics continue to cause would-be buyers to hold off, wait-and-see. At the same time, many sellers hav ...
TORONTO (Reuters) - The Canadian dollar fell against the U.S. dollar on Tuesday morning after the Bank of Canada became the first Group of Seven central bank to raise interest rates since the financial crisis began.
The quarter-percentage point rate hike, which the market expected, brought the bank's key overnight rate to 0.50 percent, but the bank gave no indication of whether it would foll ...
At least one market expert definitely thinks so. Eric Jackson, founder and president of San Francisco-based boutique investment bank Ironfire Captial, has some pretty convincing reasons why Canadian home prices are headed for a crash.
In an article published yesterday on the investment news and analysis website TheStreet, Jackson points out that real e ...
The debate rages on.....
Will Vancouver, and Canada's, housing market crash? correct? or just keep on rocking? Below is a blog I found today on Mish's Global economic Trend Analysis (a really great blog to follow!) http://globaleconomicanalysis.blogspot.com/
Inquiring mind may be interested in an email from Robert Clegg at the University of Calgary regarding housing prices in Canada vs. ...
It's something between a smartphone and a laptop. Here are the important stats…
To make a long feature list short we'll just say that it is much like a large iPhone with Safari browser capability, iTunes, Video, Mail, the App Store, etc. It' ...
Marcel Beaudry, vice-president of ING Direct, says there is no question the new rules will have an impact on consumers looking to switch banks
A headlock would be the wrestling term to describe the hold Canadian banks will have on some consumers because of new, more strict mortgage rules.
We are already seeing the impact of the changes that came into effect ...
Coal Harbour is the name for a section of Burrard Inlet lying between Vancouver, Canada's downtown peninsula and the Brockton Peninsula of Stanley Park ...