As you most likely know by now BofC has held its key overnight rate at 1%. Listening to the words of explanation on this hold it would seem that the bank is hinting at no changes to come in the foreseeable future possibly up to one year. This, of course, is based on the economic [...]
Archive for the ‘Recent News’ Category
Bank of Canada Holds Rate
October 20, 2010From; Globe and Mail
October 18, 2010Mark Carney must feel like a parent trying to instill wise spending habits in a carefree kid heading off to university: all he can do is give his best advice and hope it sinks in. That’s a rough approximation of the tricky position the Bank of Canada governor finds himself in as he prepares to [...]
Words of Wisdom
October 18, 2010“Success means doing the best we can with what we have. Success is the doing, not the getting; in the trying, not the triumph. Success is a personal standard, reaching for the highest that is in us, becoming all that we can be.” (Zig Ziglar)
From John Wooden
October 14, 2010“Success is peace of mind, which is a direct result of self-satisfaction in knowing you did your best to become the best that you are capable of becoming.”
Why Your World Is about To Get A Whole Lot Smaller
October 14, 2010A must read by Jeff Rubin. Though I have not completed reading this business book by Jeff Rubin it is so compelling I just have to inform you. If you seriously wish to know why your life will alter over the next few years, in the choices you make, where you live, how you live, [...]
Revision
October 7, 2010This month’s RBC Financial Markets Monthly publication reports that the Bank of Canada is likely to hold rates until March 2011. Inflation remains mild with both the headline and core rates below the Bank’s 2% target. The uncertain global outlook is likely to be the dominant factor in the Bank shifting to the sidelines for [...]
Rates Holding!!!
October 7, 2010This month’s RBC Financial Markets Monthly publication reports that the Bank of Canada is likely to hold rates until March 2010. Inflation remains mild with both the headline and core rates below the Bank’s 2% target. The uncertain global outlook is likely to be the dominant factor in the Bank shifting to the sidelines for [...]
Power Corp. betting on no-realtor alternative Eric Lam and Nicolas Van Praet, Financial Post
September 29, 2010The practice of people selling their homes by themselves in Canada without a realtor’s help is still the exception rather than the rule. But Power Corp. of Canada is making a big bet that more Canadians will embrace the idea, launching a nationally branded service to help them do it. Through its Quebec-based subsidiary Bytheowner.com [...]
Canada 2011: The Hangover
September 27, 2010Not surprisingly, the Canadian recovery didn’t play out as advertised. While we did see a spike late last year and early 2010, the momentum has faded lately, largely as a result of a strong C$ and a softening US economy. Growth in the second half of the year will be only a fraction of the [...]
Cost Effective Renovations
September 16, 2010By Appraisal Institute of Canada (http://www.styleathome.com) Thinking of someday selling your home? Check out these home improvements and the corresponding rate of return on the amounts invested. To renovate your home and increase its market value in anticipation of selling it one day, here are several types of improvements and the corresponding rate of return [...]