TD Economics High Lights

Highlights • Fears of contagion in Europe’s government bond market grew this weak as S&P downgraded the sovereign debt of Greece, Portugal and Spain • The USD rallied as investors sought refuge in U.S. Treasuries, meanwhile stocks fluctuated as strong earnings counteracted investor risk aversion • US Q1 GDP recorded solid 3.2% annualized growth, further [...]

Greek Crisis – Imperil Canadian Econonmy

Greek crisis ‘serious,’ could imperil Canadian economy, says BoC’s Carney By Julian Beltrame, The Canadian Press OTTAWA – Bank of Canada governor Mark Carney is warning G20 countries to come to terms with the full implications of the Greek crisis and debt overhangs in other countries, or risk a setback to the global economic recovery. [...]

White Rock Garage Sale Over 25 Homes

8th Annual Garage Sale Sponsored By The Walkers Saturday, May 1 at 9:00 AM Bell Park: Maps & Address Lists Available: 13761 18A Avenue & 13824 19A Avenue Specialty Items 13868 19A Avenue books, clothing 13836 19A Avenue kids skates, soccer gear 13816 19A Avenue clothes, shoes, furniture 13796 19A Avenue antiques dishes, collectables 13690 [...]

Interest Rates Are Rising – Call For Rate Hold

Are Big Banks jumping the gun? Rob Carrick The Globe and Mail Published on Thursday, Apr. 29, 2010 Interest rates are rising – we all get that – but it looks like the Big Banks are pushing things a bit with mortgages. After a pair of increases in the past two weeks, the posted Big [...]

Real Estate Fraud – Protect Your Investment

Real estate fraud rare but experts warn homeowners to be on the lookout by Malcolm Morrison, THE CANADIAN PRESS TORONTO – Real estate fraud is a rare thing but experts in the field say that doesn’t mean people should assume it will never happen to them – considering the misery it can inflict on the [...]

Variable and Fixed Term Blended Mortgage

The MERIX 50/50 Wise Mortgage “…the wise choice in today’s economy” Don’t choose between Fixed and Variable. Choose Both! Features: – 50% of mortgage amount is at current 5 year fixed rate pricing (now at 4.64%) – 50% of mortgage is at current 5 year ARM pricing (now at Prime-.40 %) Ideally suited for: – [...]

8th Annual Garage Sale

Sponsored By The Walkers Saturday, May 1 at 9:00 AM Addresses, Sales Lists & Maps Available: 13824 19A Avenue Start Point: Bell Park 13816 19A Avenue – clothes, shoes, furniture 13868 19A Avenue – house hold items, books, clothing, ect. 13561 19 Avenue – kids toys, miscellaneous 13936 18A Avenue – brass head and foot [...]

Rising Government Debt Is Worrisome

Global economy growing but rising government debt worrisome By Martin Crutsinger WASHINGTON — The International Monetary Fund says the global economy, after enduring a crippling recession, should see better-than-expected growth this year, led by strength in China and other developing countries. In an updated economic outlook, the IMF forecast that the world economy would expand [...]

Mortgage Up for Renewal – Rate Holds 120 Days

Bank signals higher interest rates only weeks away, as dollar soars By Julian Beltrame, The Canadian Press OTTAWA – The Bank of Canada signalled Tuesday it is poised to start raising interest rates in a matter of weeks, a move that will make borrowing costs higher on everything from car loans to mortgages. Over the [...]

Prime Rate Rising – Perhaps Earlier Than Thought

· The Bank of Canada held the overnight rate target at 0.25%, but surprised markets by removing the conditional commitment to keep rates there until the end of the second quarter of 2010. This increases the likelihood of a rate increase in June. · The Bank of Canada has recognized stronger-than-expected near term growth in [...]

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