Posts Tagged ‘Bank of Canada’
Bank of Canada Reduces Policy Rate by 25 Basis Points
The Bank of Canada today announced a reduction in its target for the overnight rate to 4¾%, with the Bank Rate at 5% and the deposit rate at 4¾%. This decision is part of the Bank’s ongoing policy of balance sheet normalization. Global Eco...
Forecasting Mortgage Rates: Trends and Predictions
Today's Bank of Canada rate announcement (January 24th, 2024) brought no surprises as the policy interest rate remains at 5%. This marks the fourth consecutive pause by the bank, reflecting a cautious approach amidst ongoing economic uncertaint...
Navigating 2024: Bank of Canada’s Outlook on Economy and Inflation
In his recent year-end speech, Bank of Canada governor Tiff Macklem shared his outlook on what lies ahead for Canada's economy in 2024. Let's break down the key points in simple terms. Transition Year Ahead Macklem anticipates that 2024 will ...
Bank of Canada
Bank of Canada Interest Rate Update - December 6, 2023 Bank of Canada held its interest rate steady at 5 percent on December 6, 2023. This aligns with expectations given the recent economic challenges in Canada. In the Bank's statement, the...
Two Grandview Corners Listings
Introducing Two Grandview Corners Listings: Your Perfect South Surrey Homes Are you in search of the ideal South Surrey home? Look no further! We're thrilled to present two new listings in the Grandview Corners, both listed by Jared Gibbons,...
New Townhouse listed in Walnut Grove!
New Townhouse listed in Walnut Grove: 3-bed Duplex-Style Townhouse Walnut Grove Townhomes: $969,000, 3 Beds, 4 Baths, 2048 Sqft, 31 8619 209 Street, Langley MLS: R2831941 Walnut Grove’s Finest: Creekside Estates Townhouse: Seize ...
Fraser Valley Real Estate Market: February Update
Fraser Valley Real Estate Market: For February Update it's time to dive into the latest insights and trends shaping the Fraser Valley real estate market. Whether you're a prospective buyer, seller, or simply intrigued by the dynamic housing lan...
Job Market: British Columbia Adds 12,000 New Jobs, Real Estate Faces Challenges
B.C.'s Job Boost In August, British Columbia (B.C.) played a big part in Canada's job market by adding 12,000 new jobs, as per Statistics Canada. This helped Canada gain 40,000 jobs in total. Leading Alberta Alberta led the way with 18,000 n...