Blog Detail
Whistler Mortgage Blog
http://garibaldimortgage.com/blog/
Mortgage news from a Canadian perspective.
Recent Posts
Economic Optimism = Higher Long Term Rates…
Warren Jestin, Chief Economist of Scotiabank, feels that we are not in for a double dip recession. Fueled by slow & gradual growth, he predicts that long term rates will rise before the Bank of Canada begins the increase of the Central Bank prim...
Canada Needs to Take A Page from the European Book of Banking…
There is so much I could say with respect to the attached article, but I will let viewers read for themselves…In my humble opinion, Mr. Flaherty’s rejection of the G8 recommendation reeks of arrogance in the fallout of the global crisis t...
Signs of Life…
If the global economy has been on a heart monitor for the last 12 months, we are now starting to see a faint pulse on the screen…the questions are how strong will this pulse get, and will it be sustained? These are 2 critical questions when c...
Steady As She Goes…Bank of Canada Rate Remains the Same
The Central Bank of Canada has kept the prime rate at 0.25%; maintaining the conditional commitment to hold the prime rate steady until June 2010. Canada and the US appear to be cautiously optomistic on the global economic recovery, but are not gi...
European Central Bank Rate Unchanged
No surprises this morning that the European Central Bank has left their prime rate unchanged at 1.00%. More details to follow as to how the Bank will slowly ween the financial stimulus out of the economy. View full article from Financial Post. Posted...
Rates Post Recession – A First Glimpse
Mr. David Dodge, our current Central Bank Governor’s predecessor, has given us his idea of how rates may unfold post recession. In an address to a business forum in Lake Louise, Alberta, he describes that the central bank prime may be ‘...

