Canada’s economy nosedived -38.7% in Q2–not quite as bad as expected!
Canadian Economy Tooka Record Nosedive in Q2 Canadian real GDP plunged[…]
Getting a Mortgage when you are New to Canada
Canada has seen a surge of international migration over the last[…]
Canada’s Fiscal Response To COVID is the Largest in the Industrialized World
Federal Fiscal Update–Finance Minister Freeland’s Debut Justin Trudeau’s government, which has delivered[…]
Extended lockdowns in December weakened the jobs market in January. The unemployment rate surged 0.6 percentage points to 9.4% as employment fell, largely in Ontario and Quebec.
Extended Lockdowns Batter Jobs Market This morning, Statistics Canada released the[…]
The Bank of Canada maintained its target overnight rate at its effective lower bound of 0.25% but now suggests it could begin raising rates in the second half of 2022–a year earlier, owing to unexpec
Today, the Bank of Canada held itstarget for the overnight rate at the[…]
All about Leveraging
Leverage, (defined by Investopedia) is an investment strategy of using borrowed[…]
OFSI making it near impossible for average Canadian to purchase Investment properties coming in 2026
Canada’s financial regulator, OSFI, has finalized updates to its Capital Adequacy[…]
Housing Drove the Economic Expansion in Q1
Yesterday’s Stats Canada release showed that the economy grew at a 5.6%[…]
Canada’s Job Recovery slowed from third wave restrictions
This morning, Statistics Canada released the May 2021 Labour Force Survey[…]
Email: andrew@modernmortgagegroup.ca
Contact Info
207-3531 Uptown Blvd,
Victoria, BC
VBZ 0B9
Tel: 250-886-1959
Helpful Links
Corporate Office
