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2180 Steeles Avenue West,
Suite 204, Concord,
ON, L4K 2Z5

Phone:     905-761-7001
Toll Free: 1855-761-7001
Fax:          905-761-7005

Email: mortgageadvisor@rogers.com

12 January 2015

Canadian business sector will cope with oil prices decline

According to the Bank of Canada, even despite falling oil prices, affecting the firms that work in this industry, Canadian business sector will show better results.

The BoC’s recent poll says companies in energy-focused Western Canada are going to cut investments in employment and equipment because of oil prices crisis.

Meanwhile, companies in Eastern and Central Canada plan to increase investments, especially, in case of manufacturing industry.

9 January 2015

BMO – Canadian drivers will save $1,500 on gasoline this year

The Bank of Montreal released its new report saying Canadian drivers will save approximately $1,500 in 2015 due to sharp decline in oil prices.

According to Sal Guatieri, BMO’s economist, after reaching its peak in June 2014, Canadian gasoline prices have decreased by an average of 48 cents per litre.

The website gasbuddy.ca, which tracks all the changes in gasoline prices, notes the average price in Canada is about 92 cents per litre today.

8 January 2015

Canada’s real estate market outlook by RE/MAX

According to the latest report by RE/MAX, housing prices are expected to go up or stay unchanged in the majority of Canadian markets in 2015.

“Due to strong supply this year, the average selling price will remain flat or increase slightly in most Canada’s cities,” – 2015 Housing Market Outlook Report suggests. “We predict modest price growth in Montreal (1%), Quebec City (1.5%), Ottawa (1.6%) and Sudbury (1.6%). Meanwhile, Winnipeg, Saskatoon and St. John’s will hardly show any increases.”

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20 January 2017

December 2017 – Canadian inflation rate reaches 1.5% due to oil prices gains Last month, Canada’s annual inflation rate was up slightly, althoug...Read more >>

19 January 2017

Genworth follows CMHC in raising its mortgage insurance cost Genworth Canada, the biggest private mortgage insurer in the country, decided to follow ...Read more >>

18 January 2017

The Bank of Canada keeps its key lending rate unchanged The central bank decided to keep its key interest rate at 0.5% and provided a wide assessment...Read more >>
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2180 Steeles Avenue West, Suite 204, Concord Ontario L4K 2Z5
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