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Latest News
Clock ticking for Ontario mortgage brokers to complete required training + MORE Feb 13th
More than 17,000 agents and brokers must log mandatory training hours — including a new professional development requirement — with FSRA by March 31 to renew their licences..... More »
RateSupermarket.ca Will Become RATESDOTCA Sep 29th
We are excited to announce that RateSupermarket.ca will become RATESDOTCA. Don’t worry, besides a name change, how you compare the best credit cards and mortgage rates will remain the same.
What does this mean for you?
Our name is changing, but rest assured, everything else will remain the same.
.... More »
Latest in mortgage news: bond yields plunge as U.S. inflation eases + MORE Nov 16th
Canadian bond yields took another step down today following the release of lower-than-expected inflation data south of the border..... More »
Fixed mortgage rates may not follow Bank of Canada cuts, former TD economist warns + MORE Nov 12th
While plenty of consumers believe the Bank of Canada’s steady interest rate cuts will drop mortgage rates meaningfully across the board, economist Don Drummond isn't so sure that prediction applies to fixed rate mortgages..... More »
Kerzner: Your Involvement is Vital to the Mortgage Industry Dec 6th
We are all learners; as parents, as students, as leaders, as employees. An important part of learning, for me, is reflection. We can only really grow and improve when we take a good, hard look at what’s working and what’s not. My time has ended as Director of Ontario, and Executive Member of t.... More »
Jason Lietaer is a conservative strategist and commentator who is the president of the national communications firm Enterprise Canada. He is an aspiring participant of championship parades to be held for the Leafs and Raptors.
Over the past several years, fuelled by the rise of social media and an increasingly politically divided populace around the world, excessive partisanship has flourished. It’s a growth industry. If it were a stock, you would buy. You would mortgage your house to buy and then buy a little more on margin, just to be safe.
I think most thoughtful people consider this is to be bad. The tone of the last U.S. election campaign could be compared to a raging dumpster fire, but that would be an insult to dumpsters, to fires, and to dumpster fires.
One of the men in my line of work, a genuinely nice guy named Ian Capstick, wrote a piece in Maclean’s announcing he was done with partisanship. The piece calls for more empathy, more reasoned debate and a little bit of self-awareness…
Over the past several years, fuelled by the rise of social media and an increasingly politically divided populace around the world, excessive partisanship has flourished. It’s a growth industry. If it were a stock, you would buy. You would mortgage your house to buy and then buy a little more on margin, just to be safe.
I think most thoughtful people consider this is to be bad. The tone of the last U.S. election campaign could be compared to a raging dumpster fire, but that would be an insult to dumpsters, to fires, and to dumpster fires.
One of the men in my line of work, a genuinely nice guy named Ian Capstick, wrote a piece in Maclean’s announcing he was done with partisanship. The piece calls for more empathy, more reasoned debate and a little bit of self-awareness…
Statistics Canada says economy pulled back 0.1 per cent in January
– canadianbusiness.com
OTTAWA _ The Canadian economy contracted 0.1 per cent in January, hurt by unscheduled maintenance shutdowns in the oilpatch and weakness in the real estate sector following mortgage rule changes, Statistics Canada said Thursday
The agency said the drop in real gross domestic product for January compared with growth of 0.2 per cent in December.
Economists had expected an increase of 0.1 per cent for the first month of the year, according to Thomson Reuters.
“This year started off with more of a whimper than a bang, at least from a growth perspective,” TD Bank senior economist Brian DePratto wrote in a report.
“As usual though, the trend is more important than the noise. Clearly the pace of economic activity has moderated from last year’s red-hot first half performance, but this is to be expected in an economy with little slack remaining.”
Goods-producing industries fell 0.4 per cent in January, while services-producing industries was essentially unchanged for the month…
The agency said the drop in real gross domestic product for January compared with growth of 0.2 per cent in December.
Economists had expected an increase of 0.1 per cent for the first month of the year, according to Thomson Reuters.
“This year started off with more of a whimper than a bang, at least from a growth perspective,” TD Bank senior economist Brian DePratto wrote in a report.
“As usual though, the trend is more important than the noise. Clearly the pace of economic activity has moderated from last year’s red-hot first half performance, but this is to be expected in an economy with little slack remaining.”
Goods-producing industries fell 0.4 per cent in January, while services-producing industries was essentially unchanged for the month…
