Tag bank of canada

vancouver city housing exp rentals boc policy rate

Pause and Reflect

The Bank of Canada made its first rate hike of the year, increasing its key policy interest rate by 25 basis points to 4.5%, sending the prime rate to 6.70%—the highest since March 2001. Adjustable-rate mortgage payments will jump about…

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Rental Housing

“Don’t find fault, find a remedy.” – Henry Ford It’s amazing how quickly society’s attention can be so easily diverted from one current event to the next. From a pandemic, to convoys, to wars, to celebrity outbursts, to billionaire hostile…

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