New Bank of Canada Announcement (April 12th 2023)
New Bank of Canada Announcement: Bank of Canada Maintains Policy Rate The Bank of Canada has held its target for the overnight rate at 4½%, with the Bank Rate at 4¾% and the deposit rate at 4½%. This decision comes as inflation in many countries is easing due to lower energy prices, normalizing gl
Canada Eases Ban on Foreign Homebuyers
Canada Makes Amendments to Foreign Homebuyers Ban – Here's What They Look Like Canada has recently amended the legislation on the purchase of residential property by non-Canadians, allowing certain groups of non-Canadians to purchase residential properties in certain circumstances. These amendment
Ottawa Real Estate Market Update: March 2023
The Latest Ottawa Real Estate Statistics The real estate market in Ottawa has seen a decline in sales for residential properties in March compared to the same period last year. According to the Ottawa Real Estate Board (OREB), there were 1,194 residential properties sold through the Board's Multip
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