By Joe McDonald  BEIJING — China took new steps Tuesday to control bank lending, ordering institutions to set aside more reserves in a move to avert a surge in credit that Beijing worries might fuel inflation or asset price bubbles. China’s nascent rebound from the global crisis was fuelled by a flood of lending […]

Canada falls back into trade deficit as dollar, low demand stalls exports Julian Beltrame, THE CANADIAN PRESSThe Canadian Press, 2010 OTTAWA – Canada was pulled back into a trade deficit in November as the country faced twin headwinds of both a strong loonie and weaker demand for exports, after a surprisingly strong performance the previous […]

Response to the Strata Property Act Amendments Concerning Rentals Announcement     January 12, 2010       Good morning,       We have had several questions to our recent email regarding the recent changes to the Strata Property Act and rental units.  Below is a summary of the questions and our answers.       […]

Having trouble viewing this email? Click here     January 2010   Angela CallaDominion Lending CentresPhone: (604) 802-3983Cell: Fax: E-mailWebsite   DID YOU KNOW… I can help protect your home and family through a mortgage life insurance policy. Mortgage life insurance is a life insurance policy on a homeowner, which will allow your family or […]

How your mortgage can set you free of other debt   Credit crunch, debt crisis — call it what you will, but the current economic climate is spurring people to get their own finances in order. For Jack and Sarah Stewart, of Toronto, this means tackling the $40,000 in debt they’ve allowed to balloon during the […]

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8.5% unemployed Paul Vieira, Financial Post  OTTAWA – Financial markets were dealt a reality check yesterday with disappointing December jobs data from Canada and, more notably, the United States signalling an uneven and choppy recovery, and prompting U.S. analysts to scale back expectations on rate hikes. Analysts noted, however, that an improving trend is definitely […]

Re: Amendments to the Strata Property Act Concerning Rentals Announcement     January 11, 2010     There has been a shortage of rental units for years in British Columbia. In order to address this, the Provincial Government recently passed legislation dealing with the rental provisions of the Strata Property Act (“SPA”).   Under the old section […]

  David Paddon, THE CANADIAN PRESSTORONTO – Canada’s residential real estate market is expected to remain unusually strong through the first half of this year after a strong finish to 2009, according to a survey published Thursday by Royal LePage. The Royal LePage analysis is consistent with other recent reports on the state of the […]

  Traders are treading cautiously ahead of Friday’s big U.S. and Canadian jobs reports. Bond yields are hovering just under their 15-month high. Most lenders are holding off on further mortgage rate increases ahead of the report.  Interestingly, only a few lenders chose to raise mortgage rates following December’s big spike in yields. (Why spoil […]