Tagged: Bank of Canada

Bank of Canada maintains overnight rate target at 1 per cent

Bank of Canada maintains overnight rate target at 1 per cent

The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent.

Bank of Canada holds rate at one per cent

Bank of Canada holds rate at one per cent

The Bank of Canada held its benchmark interest rate at one per cent today, citing slowing global growth and a deepening of the sovereign debt crisis in Europe.

A report by National Bank says net equity of Canadian owners in their homes is 'very high,' more than 60 per cent, compared to 39 per cent in the United States

Why a rate hike won’t be a blow to most

Bank of Canada Governor Mark Carney and other policy makers have no doubt been scaring the pants off consumers who have loaded up on debt like there’s no tomorrow. Well, there is a tomorrow, and that was their aim.

Housing market to see ‘greater stability’

Housing market to see ‘greater stability’

Not a single Canadian city will see house prices fall in 2011, according to a market forecast by Re/Max, as low inventories prop up prices.

Is now a good time to buy a home?

Is now a good time to buy a home?

If you’re tired of renting and have always wanted a home you could call your own, but thought the opportunity was just beyond your reach because of economic factors, here are some things to consider if you are thinking about taking the home ownership plunge.