Canada to press G7 finance ministers to reform financial system

General Angela Calla 19 Jan

OTTAWA — Canada believes time is running out for meaningful reforms to the world financial system to avert future economic meltdowns and will push for movement on the issue at next month’s G7 finance ministers meeting in Iqaluit. Canadian officials briefing reporters on what is likely to be the most unusual G7 meeting ever say […]

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China takes new steps to curb bank lending

General Angela Calla 13 Jan

  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 […]

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Higher dollar, Lower demand for exports = Mortgage rates should remain low

General Angela Calla 13 Jan

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 […]

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Further clarification to the Strata Property Act

General Angela Calla 12 Jan

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.       […]

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Angela Calla’s January 2010 Mortgage Newsletter

General Angela Calla 12 Jan

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 […]

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How your mortgrage can set you free of other debt

General Angela Calla 12 Jan

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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December job losses reality check

General Angela Calla 11 Jan

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 […]

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Amendments to the Strata Property Act Concerning Rentals Announcement

General Angela Calla 11 Jan

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 […]

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Real estate market expected to remain strong in first half of 2010

General Angela Calla 8 Jan

  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 […]

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