Canada's annual inflation rose 0.9 per cent in November up from 0.1 per cent in October. November is the second straight month increase, due mainly from higher gasoline prices.
The increase is the fastest rate in eight months. Gas prices were 14.1% higher in the month compared to November 2008.
Housing costs declined by 1.7% mainly from home heating costs and natural gas falling 29.7% and fuel oil ...
Posted by Constantine Isslamow
on December 18, 2009
The Bank of Canada left its key lending rate at 0.25%…as pretty much the whole world expected.
Not much changed from the Bank of Canada’s last announcement in October. In its statement today it said:
“The target overnight rate can be expected to remain at its current level until the end of the second quarter of 2010.”
“While significant fragilities ...
Posted by Constantine Isslamow
on December 9, 2009
Pillar To Post - ePostNotes
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as emailed to muriel.dunford@century21.ca
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Posted by Muriel Dunford
on December 8, 2009
Tavia Grant
GLOBE AND MAIL
Published on Tuesday, Dec. 08, 2009 8:17AM EST Last updated on Tuesday, Dec. 08, 2009 8:33AM EST
Housing starts hit their highest level this year in November, more proof that Canada's real-estate market has clawed out of recession.
Starts rose slightly to 158,500 units, on a seasonally adjusted basis, up from 157,400 in October as single-home construction outweighed ...
Posted by Muriel Dunford
on December 8, 2009