August Employment Report Showed Continuing RecoveryBy Scott WestlakeSeptember 14, 20210 comments#economicupdate #sherrycooper #SW #TWT #DLC This morning, Statistics Canada provided us with some much-needed good news on the economic front following last week's surprisingly dismal Q2 GDP report. Canada's labour market ...Read more...
Bank of Canada Responds To Weak Q2 Economy--Holding Policy SteadyBy Scott WestlakeSeptember 9, 20210 comments#economicupdate #sherrycooper #SW #TWT #DLC As we await the quarterly economic forecast in next month's Monetary Policy Report, the Bank of Canada acknowledged that the Q2 GDP report, released last week, caught them off-guard. ...Read more...
The Bank of Canada’s Monetary Policy Report and its Impact on You.By Scott WestlakeSeptember 1, 20210 comments#economicupdate #sherrycooper #SW #TWT #DLC The Bank of Canada (BoC) released its latest Monetary Policy Report (MPR), and the outlook is optimistic. With the economy re-opening, vaccinations on the rise, and supply chains finding relief from the bottleneck they’ve experienced, the future looks promising. What impact ...Read more...
Housing Dampened Economy in Q2By Scott WestlakeAugust 31, 20210 comments#economicupdate #drsherrycooper #mortgagerates #August2021 #SW #TWT #DLC #scottwestlake For more information on how this article impacts your current or future mortgage needs, contact scott@thewestlaketeam.com This morning's Stats Canada release showed ...Read more...
Annual Inflation Hits 3.7% in Canada--A New Election IssueBy Scott WestlakeAugust 19, 20210 comments#economicupdate #sherrycooper #SW #TWT #DLC This morning's Stats Canada release showed that the July CPI surged to a 3.7% year-over-year pace, well above the 3.1% pace recorded in June. This is now the fourth consecutive month ...Read more...
Canada's Jobs Recovery Continued in JulyBy Scott WestlakeAugust 7, 20210 comments#economicupdate #drsherrycooper #mortgagerates #June2021 #SW #TWT #DLC #scottwestlake Canada’s labour market continued its recovery in July as health restrictions were lifted, but the gains were shy of expectations. The report signals the economic rebound is ...Read more...
The Slowdown In Canadian Housing Continued in JuneBy Scott WestlakeJuly 16, 20210 comments#housingupdate #marketupdate #economicupdate #mortgaegbroker #SW #TWT #DLC Today the Canadian Real Estate Association (CREA) released statistics showing national existing home sales fell 8.4% nationally from May to June 2021, marking the ...Read more...
Canada's Jobs Recovery Resumed in June as Lockdown Began to EaseBy Scott WestlakeJuly 12, 20210 comments#economicupdate #drsherrycooper #mortgagerates #June2021 #SW #TWT #DLC #scottwestlake For information on obtaining a mortgage from our mortgage brokerage, contact scott@thewestlaketeam.com Canada's Jobs Recovery Resumed in June ...Read more...
The Slowdown In Canadian Housing Continued in MayBy Scott WestlakeJune 15, 20210 comments#mortgagesnews #economicupdate #SW #TWT #DLC For more information on how this information impacts your current or future mortgage, please contact our team --> scott@thewestlaketeam.com Today, the Canadian Real ...Read more...
Housing Drove the Economic Expansion in Q1 (Economic Update)By Scott WestlakeJune 2, 20210 comments#mortgagemarketupdate #economicupdate #SW #TWT #DLC #drsherrycooper Housing Drove the Economic Expansion in Q1 ...Read more...
Are We Starting To See A Slowdown In Canadian HousingBy Scott WestlakeMay 18, 20210 comments#economicupdate #drsherrycooper #mortgagerates #Mayhomesales #SW #TWT #DLC #scottwestlake For more information on this article or to connect with our team for your upcoming mortgage needs, contact scott@thewestlaketeam.com Starting to See a Slowdown in Canadian ...Read more...
March Existing Home Sales in Canada Hit New Record High As New Listings Surge To Unprecedented LevelsBy Scott WestlakeApril 16, 20210 comments#economicupdate #drsherrycooper #mortgagerates #marchhomesales #SW #TWT #DLC #scottwestlake For more information on this article or how it impacts your current or future mortgage, please contact our office scott@thewestlaketeam.com What is All the Policy Hysteria ...Read more...
September Data Confirm That Housing Is in Full ReboundBy Scott WestlakeOctober 16, 20190 comments#economicupdate #realestateupdate #drsherrycooper #dlc #twt #thewestlaketeam #mortgagenews Great article by our Chief Economic Officer Dr. Sherry Cooper: "Statistics released today by the Canadian Real Estate Association (CREA) show that national home sales rose for the seventh consecutive month. Activity rose another 0.6% month-over-month in September to 512,000 units ...Read more...