Canada has kept a ‘B’ average on economic performance during the global slump, but is idling near the back of the pack among its peer countries, according to the Conference Board of Canada.
A study released by the financial think tank yesterday ranks Canada 11th among the world’s 17 wealthiest nations for 2008, falling behind Norway, [...]
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Category: Canadian Funding Corp., Housing Starts, Ontario, Property Inspection, Quality of Life, Sound Absorption | Comments OffOTTAWA — For the second time in as many weeks, Canada’s major banks have hiked rates on fixed-term mortgages.
Most increased their three-, four- and five-year rates by 0.4 percentage points on Wednesday.
The move brought average posted rates on those mortgages to 4.55 per cent (three-year), 5.34 per cent (four-year) and 5.85 per cent (five-year).
http://www.ottawacitizen.com/Banks+hike+fixed+term+mortgage+rates/1682791/story.html
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Category: Canada, Housing Starts, Ontario, Uncategorized | Comments Off