BoC’s Macklem outlines the bank’s inflation strategy Bank of Canada Governor Tiff Macklem said that the central bank will act to curb inflation if current price pressures remain and begin to appear more permanent in the near future. Macklem said last week that the central bank is expecting elevated prices to be a temporary state [&hellip…
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Bidding wars resulting in deals for six figures over asking have become routine The pandemic helped make Canada one of the world’s hottest real estate markets. With a portfolio of more than 100 houses, that meant a windfall for Brady McDonald. “My net worth has obviously gone up a lot, just based on what’s happened this year, [&hellip…
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Housing markets across Canada have grown exponentially more expensive over the last 10 years, placing homeowners under an increasing amount of financial pressure. A new study from Point2Homes has revealed where the nation’s homeowners are facing the greatest levels of housing unaffordability. According to Point2Homes, the share of income needed to afford a home has [&hellip…
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