Mark Carney Leaving BUT Not Gone Yet

Mark Carney, Governor of the Bank of Canada, has accepted a new position as
Governor of the Bank of England. This means, after guiding Canadian monetary
policy through some challenging times, there's going to be a new head at
Canada's Central Bank sometime in the next 6 months.

How will this affect interest rates here at home? Homebuyers and Sellers can
expect much of the same, "steady" course. Given the global economic
performance, our made-in-Canada debt levels, and continued low inflation,
Financial Analysts are not anticipating a shift in rate or monetary policy,
even though Mr. Carney's move is making headlines worldwide.

No matter who steps into Mr. Carney's shoes, a succession of Governors and
Governments have established sound economic policy that will continue to
benefit Canadians. And that's a good-news story for Homebuyers and Sellers!

As always, call for more information.

Shayzaad Kassam
Sales Representative
Century 21 Millennium Inc., Brokerage
905-450-8300
shayzaad@gmail.com

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Shayzaad Kassam

Shayzaad Kassam

Broker
CENTURY 21 Millennium Inc., Brokerage*
Contact Me