Happy Holidays 2015

Happy Holidays 2015

As this year draws to a close and holiday mode is in full swing, I just wanted to wish you the best holidays ever and an even happier new year! Thanks to all my clients and associates for making 2015 a great year! Just a quick heads up that this will be the last...
US Fed Raises Interest Rates By .25%

US Fed Raises Interest Rates By .25%

The US Federal Reserve has increased interest rates by 0.25% for the first time since 2006. In it’s statement, the committee said: “The committee judges that there has been considerable improvements in labor market conditions this year, and it is...
Breaking: New Minimum Downpayment Rules

Breaking: New Minimum Downpayment Rules

Finance Minister Bill Morneau, announced in a press conference this morning that the Canadian government is making changes to the minimum downpayment in order to “encourage stability in the Canadian housing market.” The federal government has just...
The Tesla Powerwall

The Tesla Powerwall

A Battery Designed to Power Your Home If you haven’t heard of the Tesla Powerwall yet, but your initial thoughts are that it sounds like something out of a comic book, you might not be that far off. Tesla’s founder Elon Musk might actually be a real life...
Bank of Canada Rate Announcement Dec 2nd, 2015

Bank of Canada Rate Announcement Dec 2nd, 2015

Ending The Year on a Quiet Note The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent. As we come to the final Bank of Canada rate...