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Bank of Canada Shocks with 100 bps Rate Hike

Bank of Canada Shocks with 100 bps Rate Hike

Super-Sized Rate Hike, Signalling More to Come The Governing Council of the Bank of Canada raised its target for the overnight policy rate by a full percentage point to 2-1/2%. The Bank is also continuing its policy of quantitative tightening (QT), reducing its...

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Inflation Surge is No Need for Hysteria

Inflation Surge is No Need for Hysteria

StatsCanada today reported that consumer price inflation rose to 4.7% from year-ago levels in October, compared to 4.4% in September. This is in line with market expectations and is well below the US's 6.2% pace reported for the same period. Inflation is rising all...

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5 Mortgage Approval Roadblocks

5 Mortgage Approval Roadblocks

So you’ve decided you’re ready to take the big step to purchase a new home or you want to refinance your existing property. Here are 5 mortgage approval roadblocks to avoid along your mortgage journey. Whether you are a first-time homebuyer or an experienced...

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Bank of Canada Shocks with 100 bps Rate Hike

Bank of Canada Responds To Mounting Inflation

Bank of Canada Responds To Mounting Inflation: Ends QE and Hastens Timing of Rate Hike Bank of Canada - 234 Wellington Street The Bank of Canada surprised markets today with a more hawkish stance on inflation and the economy. The Bank released its widely anticipated...

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