Thank you to our preferred partners at First National for the below insight!     Mar 17, 2025   It has become the recurring theme in the Canadian economy: the on-again, off-again trade war with the United States. And in the tradition of hoping for the best and preparing for the worst the Bank of […]

Thank you to our partners at First National for this insight! The Bank of Canada lowers its benchmark interest rate to 2.75% Mar 12, 2025 First National Financial LP The Bank of Canada lowers its benchmark interest rate to 2.75% In the face of significant geopolitical tensions, the Bank of Canada announced today that it […]

Thank you to our partners at First National for the great summary and insight!     Jan 29, 2025   The Bank of Canada opened its monetary policy playbook for 2025 with a 25 basis point reduction in its overnight rate and a plan to normalize its balance sheet and end quantitative tightening.  This latest […]

  The first significant economic report of the new year landed on Friday and it is raising speculation about the Bank of Canada’s next rate move. Statistics Canada’s December employment numbers show nearly 91,000 new jobs were added for the month, nearly four times more than had been expected.  Most of the jobs (56,000) are […]

Thank you Dr Cooper for your insight!   The BoC slashed the overnight rate by 50 bps this morning, bringing the policy rate down to 3.25%. The market had priced in nearly 90% odds of a 50 bp move, where consensus coalesced. The combined slower-than-expected GDP growth and a sharp rise in the Canadian unemployment rate to […]

Thank you to our partners at First National for the insight.   Aug 13, 2024 A consistent concern as the Bank of Canada embarks on its interest rate cutting cycle has been what will happen to home prices.  There have been persistent fears that prices will spike as rates fall, effectively stalling efforts to bring […]

Some great info from our partners at RECA!   Calgary, Alberta — The Real Estate Council of Alberta (RECA) is advising consumers to evaluate the risks of condition-free offers to purchase property.   Currently, Alberta’s real estate market is extremely competitive, with limited supply of homes for sale, meaning sellers often receive multiple offers. Home […]

  June 17, 2024 It appears the advertising slogan is true.  Canadians may well be richer than they think. A recent survey by Statistics Canada shows that household net worth in this country rose to a record high of nearly $17 trillion in the first quarter of this year. That is a 3.3%, or $548 […]

Dr Cooper  gives a C- …… very generous as I would give a solid F   “I’d give this budget a C-. That’s generous. It squanders what could have been a reduction in the budget deficit for a host of inconsequential spending measures. Worse still, it increases capital gains taxes, which might play well for […]

March 25, 2024 – Thank you to our Preferred Partners at First National for the below insight!   Canada’s realtors are hinting that home prices may have found their bottom. The February numbers from the Canadian Real Estate Association show price, as measured by the Aggregate Composite MLS Home Price Index (seasonally adjusted), was flat […]