Bank of Canada Maintains Overnight Rate
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 percent. The […]
CMHC Report Foreign Ownership Remains Low
CMHC Report: A new report was published today confirming that foreign ownership in Canada remains low. This confirms what we have […]
CMHC Recommends increasing Minimum Down Payment
CMHC recommended this week that the minimum down payment is increased. Evan Siddall CEO of CMHC gave a speech last week […]
TD Bank Raises Prime Rate To 2.85%
On the heels of the new mortgage policy changes and a recent announcement by the Bank of Canada to keep the key […]
Retirement The Final Frontier
Many of us remember those iconic words that were spoken by Capt. James Tiberius Kirk from on board the USS […]
Big banks win, alternative lenders lose!
Over the last few days, we have been covering news stories pertaining to the new mortgage rule changes that are […]
Public is outraged by new Mortgage Rules
Officially today a petition has been launched requesting that the Finance Department of Canada revisit is recent mortgage rule changes. […]
THE GHOST OF THE SUB PRIME MORTGAGE CRISIS HAUNTS THE FINANCE MINISTER
Written by VERICO Economist Michael Campbell: The Ghost of the Sub Prime Mortgage Crisis Haunts the Finance Minister By now […]
The Day After
The Canadian Real Estate Market has been put into a tailspin. It has been induced by overzealous and misguided government […]
New Rules Hit Housing Market In Canada
New rules hit housing market in Canada. Once again in an attempt to protect the already fragile banking sector in […]