Anyone who’s carrying a variable-rate mortgage will really feel the effects of interest rates big time, and if you are on five-year term, you will have to deal with interests rates whenever your mortgage comes up for renewal in any case
Some people in Surrey have torn down old ranchers and built these huge 10 bedroom mega-mega houses which look like places from the outside. I wonder if they know when they want to sell for $3-$4 million, the buyers just won’t be there
Canada is not immune to the effects of climate change. Weather records from across Canada show that every year since 1998 has been progressively warmer than the 20th century average.
The U.S.A. under Donald Trump recently pulled out of the International Paris Climate Agreement, that aimed to dramatically reducing Global warming, so now may be a time for Canada to show the way forward on climate change.