Looks like the Governor of the Bank of Canada, Mark Carney doesn't agree with Canadian banks that there is a housing bubble in the making. Luckily, Finance Minister Jim Flaherty has been convinced of the same...for ... Read More
Bank of Canada leaves the overnight rate unchanged
The Bank of Canada met today and as expected kept their key interest rate unchanged at .25%. While the Bank recognizes that a recovery is underway they have reduced their growth forecasts to 2.9% due to factors like a strong ... Read More
Bank of Canada says it’s premature to talk of a housing bubble
Well this was some very welcomed news this week from the office of the Bank of Canada. For months now we have been hearing from the Federal Finance Minister Jim Flaherty that he feels there is a bubble occurring in the ... Read More