Our economy seems relatively healthy, but let’s not forget how sensitive it is.
The Government of Canada and the Bank of Canada have been carefully working to strengthen our Canadian economy throughout this economic crisis. At the inception we saw a commitment from the Bank of Canada to keep interest rates low. Now that our housing market is over heating, we are met with media dominating press releases from the Minister of Finance, telegraphing a desire to slow down the red hot housing market and the rate at which Canadian homeowners are harnessing the debt in their homes. Continue reading →