Perhaps the most important statistic of the year, and one which could seal the deal on a July 12 interest rate
All eyes will be on Statistics Canada’s June jobs report, employment numbers that will be released before the market opens on Friday morning.
Early signs suggest that employment will continue its healthy run.
In May, full-time jobs rose by 77,000, offsetting losses in
That’s close to its lowest level since 2008.
The Canadian dollar is up by more than two cents in recent weeks
A mortgage expert says the signs for an interest rate hike have been
Angela Calla thinks there is no reason for homeowners to panic especially because the federal government has told Canadians to prepare for the increase, which should soften any financial blow.
Calla says, “even if you have a million dollar mortgage, you can expect that payment to go
Calla advises anyone whose mortgage is coming up for renewal should look to find solutions a few months in advance.