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Blog by Linda M Linfoot

Market Commentary - Jan 26, 2016

January 26th, 2016
Market Commentary

While market watchers focused on the housing frenzies in Toronto and Vancouver, or waited for the collapse in Alberta, Montreal real estate quietly had its best year since 2010.
Montreal saw housing sales climb 5% in 2015 with prices rising an average of 3%, according to the Quebec Federation of Real Estate Boards. The average price of a home now stands at $295,000 in Cana ...

Market Commentary - Jan 18, 2016

January 18th, 2016
Market Commentary
To cut, or not to cut? That is the big question for the Bank of Canada this week.
More and more market watchers are expecting another drop when the central bank sets its policy rate this week. Right now a little more than half believe we will see the overnight rate trimmed by a quarter point to 0.25%.
It sounds like good news for those with variable-rate or hybrid mortgages, ...

Market Commentary - Jan 4, 2016

January 4th, 2016
Market Commentary

Knocking down debt leads the list of 2016 goals for maxed-out Canadians.

It is high-minded and laudable. But this is also the 6th year in row it has topped the list of financial priorities (26%) in an annual survey by Angus Reid.

Canadian household debt to disposable income now stands just short of 164% – a new record high. For every after-tax dollar they have to spend, they ...