Bank of Canada affraid to cut down rates

As the housing market catches flame, the central bank decides to leave interest rates unaltered at 5%. Governor Tiff Macklem of the Bank of Canada announced that interest rates will be retained at their current levels. Lowering them could potentially unravel the successful efforts made thus far in controlling inflation.   The Bank of Canada, […]

Bank of Canada Policy Interest Rate Schedule

“CURRENT POLICY INTEREST RATE: 5.00% (Updated like on March 5, 2024)Guess you might have heard about the Bank of Canada’s interest rate, right? Whether you are a homeowner, a looking to buy a home person, or simply looking to own some real estate, you can’t simply ignore the Bank of Canada’s interest rate announcements. They […]

Brampton gets $25.5 million from the government for Remarkable Housing Achievements

Doug Ford, he is the Premier of Ontario, he stopped by in Brampton; this Friday! The reason for his visit? Announcing a whopping $25.5 million funding from the provincial government in appreciation of the city’s commendable housing performance, in 2023. In 2023, the Brampton city got a pretty large chunk of change from the province […]