Dow Jones index reached a record high level On Thursday, the Dow Jones index reached a record high level of 27,000 points, as Fed chair Jerome Powell underlined the central bank is ready to reduce interest rates for encouraging the economic growth. Powell also pointed to...

Bank of Canada keeps its interest rate unchanged again Today, the central bank left its key lending rate unchanged once again, and its announcement pointed to domestic economic improvements and a stronger global slowdown affected by trade conflicts. The Bank of Canada keeps the rate at...

Growing loonie could make the BoC keep the interest rate unchanged It looks like the central bank’s Governor Stephen Poloz may have a reason to worry about growing loonie tomorrow during the rate meeting. Poloz has been monitoring the Canadian dollar thoroughly this year, as he’s...

The start date of a First Time Home Buyer Incentive has been set Now we know the launch date for the federal government’s plan aimed at supporting Canadian homeownership among middle class families. The First Time Home Buyer Incentive will...

Real estate prices in Toronto are rising, while Canada loses jobs Following a passive winter, homebuyers in Toronto showed a stronger activity in spring. Moreover, they continued the trend in June, leading to even higher home prices. Last month, there were 8,860 homes sold in the...