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Julian BeltrameOttawa — The Canadian Press Published on Friday, Jul. 23, 2010 7:14AM EDT Last updated on Wednesday, Jul. 28, 2010 6:48AM EDT Canada's annual inflation rate fell to one per cent in June, the lowest level in eight months, prompting analysts to predict the Bank of Canada will move cautiously on future interest rate ...
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New numbers from the Finance Department indicate the stronger economy is helping the federal government run smaller budget deficits than at the same time last year, as tax revenues increase.
Through the first two months of the current fiscal year, April and May, Canada's deficit sits at $4.4-billion, compared with $7.5-billion in the same ...
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On February 16th Finance Minister Flaherty, announced some changes to “insured” mortgage lending in Canada. These changes affect mortgages insured by CMHC, Genworth and AIG United Guarantee. From the Globe and Mail: Finance Minister Jim Flaherty Tuesday announced tighter lending standards for mortgages, saying that ...
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The Apple 'iPad,' a new tablet computing device, sits on display after its launch event in San Francisco on Wednesday.Photograph by: Kimberly White, ReutersAfter weeks of speculation, Apple unveiled its iPad tablet computer Wednesday, marking the company's most breathlessly anticipated product debut since the iPhone. So will ...
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The seasonally adjusted annual rate1 of housing starts reached 174,500 units in December 2009. This is an increase from an annual rate of 164,800 units in November, according to Canada Mortgage and Housing Corporation (CMHC). Actual housing starts for 2009 are being verified and will be reported in the January edition of Monthly Housing ...
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Although perhaps not a visible as the issue of snow removal, which appears to be the concern du jour, the seemingly innocuous issue of secondary suites has emerged as one of the more lengthy debates down at City Hall.
Often providing an affordable housing alternative for new Calgarians, students or just those on a tight budget, secondary suites ...
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Flaherty offers crisis tips from ‘boring' CanadaGlobe and Mail-Report on Business-Canadian Press
WINNIPEG — This is a guest column by Finance Minister Jim Flaherty in Thursday's Financial Times, posted on the Department of Finance's web site and titled ‘Boring' Canada's financial tips for the world:
The ...
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How A Loan Pre-approval Letter Can Help with Your Home Search
A pre-approval letter is a statement from a lender that you are qualified to service a specific amount of debt. If you are bidding on your dream home, being pre-approved can be a great advantage over competing bids. It can also let you know exactly where your price ceiling is.
There ...
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What is One Million Acts of Green?
This season, CBC and The Hour with George Stroumboulopoulos want to mobilize Canadians to do One Million Acts of Green. In partnership with Cisco, the idea behind the campaign is that one small act can make a big difference.
It’s not about overhauling your life; it’s about one act from each ...
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Global Banks Unite in Unprecedented Rate Cuts In an unscheduled move today, coordinated with several other international banks, The Bank of Canada reduced their Overnight Rate by 1/2 of one percent. The financial institutions would be expected to follow suit over the next day or so; reducing their Prime Rate to 4.25%; however see note ...
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