6 Apr

Canada in middle of growth spurt, to lead G7 in first half of 2011: OECD

General

Posted by: Tammy O'Callaghan

By The Associated Press OTTAWA – A leading international think-tank says Canada will lead its peers in the G7 in economic growth during the first half of this year. The Organization for Economic Co-operation and Development says the outlook for economic growth has brightened for all G7 countries, with the exception of Japan . But […]

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22 Feb

Winter tune up

General

Posted by: Tammy O'Callaghan

Rates are rising and you probably need to review your financial picture. Perhaps you needto clear up your holiday bills or credit cards, are planning a vacation getaway, or looking ahead to a renovation project for the year. Carefully structured – and with a timely tune-up at today’s great rates – your mortgage can be […]

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6 Oct

Managing debt is crucial to financial success

General

Posted by: Tammy O'Callaghan

  By Derek Sankey, Postmedia News October 5, 2010 When Laura Parsons’s son, a heavy-duty mechanic, graduated with student debt like so many of his post-secondary peers, he also wanted to get into home ownership. Realizing the financial burden, he found a creative solution. Over two years, he put money that would have gone to […]

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27 Jul

Surrey votes to allow secondary suites city-wide

General

Posted by: Tammy O'Callaghan

  By Kelly Sinoski, Vancouver Sun July 26, 2010 Comments (6)     Story Photos ( 1 )     A suite built above the garage of a South Surrey home.  PNG METRO VANCOUVER – After decades of debate, Surrey has decided to permit homeowners to have one secondary suite in all single-family homes in […]

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2 Jun

Carney plots cautious rate path

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Posted by: Tammy O'Callaghan

Jeremy Torobin Globe and Mail   Mark Carney is taking a cautious approach to raising interest rates, weighing Canada’s powerful economic rebound against the uncertainty of an “increasingly uneven” recovery across the globe. The Bank of Canada Governor became the first central banker in the Group of Seven to raise borrowing costs since the financial […]

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26 May

Loonie’s plunge signals long-term risk for Canadian and global economies

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Posted by: Tammy O'Callaghan

By Julian Beltrame, The Canadian Press OTTAWA – The Canadian dollar plunged to its lowest level in eight months before recovering Tuesday, sending a clear signal that Europe’s debt crisis has the potential to reach across the Atlantic and impact Canada’s mending economy. The loonie has lost about eight per cent of its value over […]

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20 May

JUNE 1 HIKE IN QUESTION

General

Posted by: Tammy O'Callaghan

By Claire Sibonney Reuters   The negative news has led many to question whether Bank of Canada will start raising rates from their current record lows on June 1. Yields on overnight index swaps, which trade based on expectations for the Bank of Canada’s key policy rate, have fallen in recent weeks and on Wednesday indicated […]

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14 May

The latest read on interest rates

General

Posted by: Tammy O'Callaghan

Globe and Mail Wednesday, May 12, 2010 Andrew Willis Bond traders are still expecting the Bank of Canada to raise short term interest rates on June 1, but the move is no longer the sure bet it was a few short weeks ago. Credit markets are currently putting a 84 per cent probability on a […]

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