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Toronto real estate market may be poised for a spring rebound

Sales in the Toronto housing market have so far decreased in 2018, but some market watchers are optimistic that a spring recovery will take place. The most recent figures from the Toronto Real Estate Board look grim compared to the euphoria that pulled through the market in early 2017, says Cameron Forbes, general manager of […]

May 1, 2018
Business, Real Estate

Major lenders hike rates following BoC decision

Major lenders hike rates following BoC decision Canada’s major banks have been quick to react to the Bank of Canada’s decision to raise interest rates to 1.25%. CIBC, RBC, Scotiabank and TD were among the first lenders to increase their prime lending rates by 25 basis points to 3.45%; the new rates take effect from […]