Archive for: November 2013

Canadians migrating for work at highest level in almost 25 years, BMO says

Filed under: Mortgage - 29 Nov 2013

THINK OUTSIDE THE BOX:  Inward migration to Alberta for instance has surged to more than 50,000 people during the past year, the highest on record, and representing 1.3% of the province’s population, according to a new BMO report.

OTTAWA — The …

Rates could stay below ‘normal’ even after recovery, says Bank of Canada deputy

Filed under: Mortgage - 18 Nov 2013

THINK OUTSIDE THE BOX:   The Bank of Canada does not necessarily need to raise interest rates to “normal” levels even if the economy is running at full speed and inflation is close to the target level, Deputy Governor John Murray …