Has monetary tightening begun?
June 14th, 2010TD SECURITIES DATAFLASH
CA: Bank of Canada Shifts Into First Gear
- The Bank of Canada hiked its target for the overnight rate by 25bps, from 0.25% to 0.50%
- The forward-looking statement is quite tentative, indicating that although the default assumption is further hikes, a notable element of uncertainty remains.
- The key phrases in the report ar ...
It's no
secret, the HST is soon be a reality in BC and Ontario. While it is
expected to increase some cost in the real estate market, it is the
purchasers of new homes that will be most affected. Here is a
breakdown on how the HST will affect new home purchasers AFTER July
1, 2010

