Posts made in July, 2015


Call me today: (250) 317-2087

Bank of Canada cuts rate


Posted By on Jul 16, 2015

Thu, 07/16/2015 – 13:30 The Bank of Canada announced on July 15th, 2015 that it was lowering its trend-setting target overnight lending rate from 0.75 per cent to 0.50 per cent. The move follows another cut of the same size in January. The Bank of Canada announced on July 15th, 2015 that it was lowering its trend-setting target overnight lending rate from 0.75 per cent to 0.50 per cent. The move follows another cut of the same...

Read More

Wed, 07/15/2015 – 09:00 Ottawa, ON, July 15, 2015– According to statistics released today by The Canadian Real Estate Association (CREA), national home sales activity edged slightly lower on a month-over-month basis in June 2015. Highlights: National home sales edged back by 0.8% from May to June. Actual (not seasonally adjusted) activity stood 11% above June 2014 levels. The number of newly listed homes edged down 0.2%...

Read More