General Janean Compton 10 Jan

Why Canada Needs Immigrants Canada welcomes high levels of immigration to keep its economy strong. Canada has one of the world’s oldest populations and also one of the world’s lowest birth rates. This creates economic and fiscal pressures. Canada has a low rate of natural population growth which results in low rates of labour force […]

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General Janean Compton 15 Jul

The housing market slowed again in June as sales fell, new listings rose, and the decline in average prices accelerated. This was before the BoC’s shocking 1 percentage point rate hike on July 13. View this email in your browser House Price Decline Accelerated in June Statistics released today by the Canadian Real Estate Association […]

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Bank of Canada Rate Hike of 1%

General Janean Compton 14 Jul

A Super-Sized Rate Hike, Signalling More To Come    The Governing Council of the Bank of Canada raised its target for the overnight policy rate by a full percentage point to 2-1/2%. The Bank is also continuing its policy of quantitative tightening (QT), reducing its holdings of Government of Canada bonds, which puts additional upward […]

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General Janean Compton 15 Jun

Another Red Hot Employment Report in Canada from @DLCCanadaInc Chief Economist @DrSherryCooper https://dominionlending.ca/economic-insights/another-red-hot-employment-report-in-canada

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Changing Your Financial Direction

General Janean Compton 19 May

  DID YOU KNOW The average Canadian owes $23,000 in consumer debt and has at least 2 credit cards. Source: CBC.ca If you live paycheque to paycheque, the idea of somehow having enough money to invest and eventually have financial freedom seems about the furthest thing possible. But experts in financial education like to point out, […]

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