9/29/2023 | Posted in Canada Living by James Tracy
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Millions of Canadians want to achieve their dream of homeownership, but affordability remains out of reach for many, and changing that will be a slow journey according to ... More

9/1/2023 | Posted in Canadian Economy and Interest Rates by James Tracy
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Economists say the latest GDP data from Statistics Canada showing a contraction in the economy suggests the Bank of Canada's rate hiking campaign may be coming to an ... More

8/28/2023 | Posted in Canadian Housing Market by James Tracy
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The Bank of Canada's June and July interest rate increases essentially put a stop to the housing market’s recovery, says analyst.
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8/28/2023 | Posted in Canadian Housing Market by James Tracy
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Interest rates and borrowing costs may be surging - but Canadian home prices are continuing to rise at a rapid clip, according to new data.
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7/14/2023 | Posted in Canadian Housing Market by James Tracy
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales edged up slightly on a month-over-month basis in June 2023.
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6/28/2023 | Posted in Canada Living by James Tracy
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Inflation cooled on a month-over-month basis in May, but one factor that has been unrelenting in driving the consumer price index higher is mortgage interest costs — and ... More

6/27/2023 | Posted in Canadian Economy and Interest Rates by James Tracy
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Economists weigh in on the possibilities for the central bank’s policy rate
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6/16/2023 | Posted in Canadian Housing Market by James Tracy
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Canada’s housing market is picking up steam. Both home resales and prices continued to rise at rapid clips in May. And odds are they will climb further in June with more ... More

6/15/2023 | Posted in Canadian Housing Market by James Tracy
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up again on a month-over-month basis in May 2023.
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6/15/2023 | Posted in Canada Living by James Tracy
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Statistics Canada says the country will reach a new milestone on Friday as the population hits a record 40 million people.
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6/15/2023 | Posted in Financial Health by James Tracy
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Canadians' mortgage borrowing has reached its lowest level since 2003, primarily due to the impact of higher interest rates, according to recent data released by Statistics ... More

6/14/2023 | Posted in Canadian Economy and Interest Rates by James Tracy
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Hawkish monetary policy and inflation posing headwinds for borrowers, latest figures suggest
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6/13/2023 | Posted in Canadian Economy and Interest Rates by James Tracy
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Could the prospect of persistently high rates spell trouble for the market’s stability?
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6/1/2023 | Posted in Financial Health by James Tracy
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Amid interest rate hikes and high inflation, more Canadians are turning to credit for relief, with consumer debt hitting a new record in the first quarter of 2023.
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4/21/2020 | Posted in Canadian Economy and Housing Market by James Tracy
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Rising unemployment and high debt is expected to boost mortgage loan delinquencies in Canada, though experts say it won’t play out like the U.S. subprime mortgage crisis ... More

3/18/2020 | Posted in Canada Living by James Tracy
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The Government of Canada is taking immediate, significant and decisive action to help Canadians facing hardship as a result of the COVID-19 outbreak.
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3/16/2020 | Posted in Canada Living by James Tracy
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Prime Minister Justin Trudeau has announced the federal government will close its borders to most people who are not Canadian citizens or permanent residents as part of its ... More

2/27/2020 | Posted in Canada Living by James Tracy
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In 2018, the median after-tax income of Canadian families and unattached individuals was $61,400.
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2/13/2020 | Posted in Rental Market by James Tracy
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The average rent for a two-bedroom apartment in big cities increased by 3.9%, clocking the fastest growth since 2001.
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12/31/2019 | Posted in Canadian Economy and Interest Rates by James Tracy
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TD economists says the cost of servicing debts should ease early in 2020
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12/18/2019 | Posted in Canada Living by James Tracy
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There will be growth for the Canadian economy in the next two years as the country avoids recession.
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