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Good News on the Inflation Front in December
The Consumer Price Index (CPI) rose 6.3% year over year in December, down from the 6.8% pace in November. Much of the decline was owing...


New protective measures for buyers
On January 1, 2023 amendments to British Columbia’s Property Law Act will come into effect, establishing the Home Buyer Recission Period...


Ensuring housing market remains available to Canadians
The Prohibition on the Purchase of Residential Property by Non-Canadians Act prevents non-Canadians from buying residential property in...


Property taxes explained
This tax season I’ve got a lot of question about Property Tax payment via bank. Here are a couple things to remember when you process...


Building Your Own Home? 5 Things to Consider
CHBS list will confirm:
- if builder is licensed and on what conditions
- if had any warranty claims
how many homes they build and where.


Bank of Canada Holds Rates and QE Steady
The Bank of Canada left the benchmark overnight policy rate unchanged at 0.25% and maintained its current pace of GoC bond purchases at...


Bank of Canada Confirms Commitment To Low Interest Rates
Despite the good news on the vaccine front since the Governing Council's last meeting in late October, the Bank of Canada reasserted its...


Making Your Finances Work For YOU in 2021
As we near the end of the year, you are probably thinking about your plans for 2021. Scroll down for some great resolutions for your...


Canadian Home Sales and Prices Set Another Record High in September
Today's release of September housing data by the Canadian Real Estate Association (CREA) shows national home sales rose 0.9% on a...


Canadian Housing Market Sets Record Highs in August
Today's release of August housing data by the Canadian Real Estate Association (CREA) showed a blockbuster August with both sales and new...


Teaching Your Kids About Finances
Did you know? According to a 2019 Family Finances Poll, 9 out of 10 parents (96%) are financially supporting their children (ages 18-35...


Bank of Canada Holds Target Rate Steady Until Inflation Sustainably Hits 2%
The Bank of Canada under the new governor, Tiff Macklem, wants to be "unusually clear" that interest rates will remain low for a very...


Astonishing Fiscal Red Ink Announced Today
Finance Minister Bill Morneau presented his fiscal snapshot this afternoon. Most economists were expecting a budget deficit of roughly...


New Governor of the Bank of Canada on Monetary Policy in the Context of COVID
The new Governor of the Bank of Canada Tiff Macklem spoke about “Monetary Policy in the Context of COVID” in a videoconference hosted by...


Advantages of a pre-approval
Getting pre-approved can be a vital step to the home-buying process! A pre-approval usually specifies a term, interest rate and mortgage...


Bank of Canada Takes A More Positive Tone
While the degree of uncertainty remains high, there is evidence that the worst of the economic downturn is behind us.


CMHC Makes It More Difficult To Get An Insured Mortgage
Once again, the Canadian Mortgage and Housing Corporation (CMHC) is tightening the criteria to get a mortgage with less than a 20% down...


Vancouver real estate: November sales roughly in line with 10-year average.
The Canadian PressStaff Contact Published Tuesday, December 3, 2019 12:31PM PST . VANCOUVER -- The Real Estate Board of Greater Vancouver...


Bank of Canada keeps key interest rate target on hold at 1.75 per cent.
The Canadian PressPublished Wednesday, December 4, 2019 4:28AM ESTLast Updated Wednesday, December 4, 2019 10:34AM EST OTTAWA -- The Bank...


Self-Employed? What you need to know to get a great mortgage
It doesn’t matter if your office is a garage, a downtown shared space or the front seat of your pickup truck, being your own boss is...
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