Today's Report Shows Inflation Remains a ConcernBy Scott WestlakeJune 24, 20250 comments The Consumer Price Index (CPI) rose 1.7% year-over-year in May, matching the 1.7% increase in April. ...Read more...
Global Tariff Uncertainty Sidelines BuyersBy Scott WestlakeJune 16, 20250 comments Canadian existing home sales recorded over the MLS Systems ...Read more...
Labour Market Weakness Continued in May, Raising the Prospects of a Rate Cut at The Next BoC MeetingBy Scott WestlakeJune 9, 20250 comments Today's Labour Force Survey for May showed a marked adverse ...Read more...
Bank of Canada π¦ Holds Rates Steady for 2nd Meeting πβBut 2 More Rate Cuts Likely π This Year!By Scott WestlakeJune 5, 20250 comments As expected, the ...Read more...
Economic Insights from Dr. Sherry CooperBy Scott WestlakeJune 3, 20250 commentsThe Trump tariff mayhem has significantly impacted the Canadian economy and financial markets. Since the February tariff threats and the on-again, off-again nature of the policy changes, consumer and business confidence have tumbled while inflation expectations have surged. ...Read more...
Q1 GDP Growth Surpasses Expectations Amid Trade Uncertainty and Housing Market Softening πBy Scott WestlakeMay 30, 20250 commentsStatistics Canada released Q1 GDP data showing a stronger-than-expected 2.2% seasonally adjusted annual rate, a tick above the pace of the quarter before. Exports drove growth as companies in the United States rushed to stockpile Canadian products before U.S. President Donald ...Read more...
π¨ Inflation's Dilemma: Will the Bank of Canada Cut Rates? π¨π¦πΈβοΈBy Scott WestlakeMay 21, 20250 comments The headline inflation report for April showed a marked slowdown in the Consumer Price Index (CPI), which rose a mere 1.7% year ...Read more...
Buying & Selling in Sync π‘πΌ: The Ultimate Moving Timeline Checklistπ β¨By Scott WestlakeMay 18, 20250 commentsA well-planned move can be the difference between a seamless transition and last-minute chaos. Setting a clear, strategic timeline ensures you avoid unexpected stress, reduce costs, and make your move smooth and stress-free. Ready to stay in perfect sync? Let’s explore ...Read more...
Canadaβs Jobs Market Faces Chill: Tariffs Hit Employment & Signal Rate Cut π§ππ°By Scott WestlakeMay 9, 20250 comments Today's Labour Force Survey for April showed a marked ...Read more...
Unlocking the Secrets ππΈ: Mortgage Penalties & The Economy You Can't Ignore! ππ"By Scott WestlakeMay 6, 20250 comments Welcome to the May ...Read more...
simplify your home buying and mortgage journey? with My Mortgage ToolboxBy Scott WestlakeMay 5, 20250 commentsReady to simplify your home buying and mortgage journey? Our app provides you with powerful tools to help plan, compare, and make informed decisions Whether you're purchasing a new property, renewing, or refinancing, our app is your go-to resource and used by the majority ...Read more...
Is Your Mortgage Up For Renewal? Dont Just Roll Over With The Bank! Talk To A Renewal SpecialistBy Scott WestlakeMay 2, 20251 commentsWhy You Should Talk to a Mortgage Broker Before Renewing Your Mortgage When your mortgage approaches renewal time, it’s tempting to simply accept the bank’s offered terms. However, working with a knowledgeable mortgage broker can significantly benefit your financial well-being ...Read more...
Bank of Canada Holds Rates Steady In The Face Of Tariff Uncertainty--More Rate Cuts ComingBy Scott WestlakeApril 17, 20250 comments The Bank of Canada ...Read more...
Global Tariff Uncertainty Sidelines BuyersBy Scott WestlakeApril 16, 20250 comments Canadian existing home sales plunged last month as tariff ...Read more...
Understanding Mortgage Instructions in Canadian Real Estate - Article by DeededBy Scott WestlakeApril 9, 20250 comments What Are Mortgage Instructions? In Canadian real estate transactions, mortgage instructions are critical legal documents that outline the terms and conditions of the mortgage loan between the borrower (typically the homebuyer) and the lender (usually a bank or financial ...Read more...
Global Tariff Uncertainty Sidelined BuyersBy Scott WestlakeMarch 18, 20250 comments Canadian existing home sales plunged last month as tariff ...Read more...