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The cheapest Canadian cities to buy a house

The cheapest Canadian cities to buy a house

by Kate Robertson, Investopedia.com Wednesday, May 5, 2010 - Canada's housing market has maintained its strength across the country compared to our struggling neighbours to the south. Skyrocketing prices and bidding wars have continued in cities like Toronto and Vancouver to the exasperation of homebuyers, even though some say a housing bubble [...]

Bank of Canada maintains interest rates Acknowledges economy and inflation are stronger than expected

Bank of Canada maintains interest rates Acknowledges economy and inflation are stronger than expected

As was widely expected, the Bank of Canada held its benchmark overnight lending rate steady at 0.25 per cent at its setting on March 2, 2010. The trend-setting Bank rate, which is set 0.25 percentage points above the overnight lending rate, remains at 0.5 per cent. The Bank acknowledged that economic growth and inflation have recently picked up [...]