Exploring Negative Interest Rates

Canadian interest rates are low – but could they go even lower? Could we reach a point where we have negative interest rates – whatever those are exactly? That has been the question since the concept of ‘negative rates’ hit mainstream conversations last year. Negative rates have since been adopted by some countries and there…

Job gains bode well for the housing market

Labour Force Survey from Stats Canada shows good momentum on the employment front — a positive for housing By Phil Soper ​What do we need to keep the housing market strong? Well, adding jobs, especially full-time jobs, is a good start. Keeping interest rates low is another positive. Today’s Labour Force Survey from Statistics Canada shows that the first condition…