The Bank of Canada’s plan to raise interest rates and exit its stimulus program has been delayed to September due to renewed uncertainty about the fiscal crunch in Europe and its potential spillover effects into Canada, the team at RBC Economics said Tuesday.
Dawn Desjardins, assistant chief economist with RBC, expects the BoC to maintain its 1.00% rate until September, and has cut the forecast rat... read more.
Thank you for taking your time in reading my Monthly Newsletter. My dedication to you is my number one goal, as my assurance in our real estate market is the confidence I can provide to you. The real estate market has brought spectacular turnovers throughout our neighboring cities. As many of you may already know and as obvious as it has become, West Vancouver has exploded through the month of Apr... read more.