Canada Mortgage and Housing Corporation recently released information for vacancy rates and rental prices for several cities in Alberta.
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Tag Archives: rates
New Bank of Canada chief sees role in nurturing economy
OTTAWA (Reuters) – New Bank of Canada Governor Stephen Poloz made no direct mention of raising interest rates in his first public remarks on Thursday but said there was a role for the central bank in nurturing the country’s economic growth.
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Gradual Rise in Rates Won’t Stop Housing Recovery: Lennar
The housing recovery is on a normal trajectory and gradual increases in interest rates won’t slow it down, Lennar CEO Stuart Miller told CNBC on Wednesday.
Read more: http://www.cnbc.com/id/100791925
Bank of Canada holds rate steady as Carney exits
The Bank of Canada held its benchmark interest rate steady at one per cent today, the last policy decision the bank will make before governor Mark Carney leaves to head the Bank of England.
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City council sets 2013 tax rates
Red Deer City Council set the new property tax rates for 2013 at Monday’s meeting.
The combined tax increases required to fund the municipal tax requirement as well as the requisitioned amounts from Alberta Education and the Piper Creek Foundation result in total tax increases of 2.24% for residential property, 2.11% for multi-family property and 6.59% for non-residential property.
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Municipal tax rate hike of 1.9 per cent approved
Sylvan Lake taxpayers can expect to receive their tax bills early in June after councillors passed the final readings of a bylaw setting tax rates Apr. 21.
Combined assessment and tax notices will be mailed May 31st and the due date for payment of property taxes is July 31st.
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Tax rate up less than 1 per cent
Strathcona County residents can expect to receive their tax notices in the coming weeks, following the final approval of the 2013 property tax rate by county council on Tuesday, April 23.
According to associate commissioner of Corporate Services George Huybregts, the final approval for the county’s tax rate is like an annual “right of spring” and might be a happy surprise for some residents, as the rate went up by less than one per cent.
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Town of Peace River reviewing taxi fares
The Town of Peace River will be sitting down, in the near future, with the three local cab operators (Peace River Taxi, 12 Foot Davis Taxi and Phyl’s Taxi) to gather input about the possibility of introducing a taxi fare system.
The town, which does not regulate taxi fares within the existing Taxi Bylaw, has already canvassed other communities, similar in size to Peace River, to see how they have dealt fares.
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Are mortgage rates going to rise or fall?
Mortgage rate predictions are as often wrong as they are right. Yet, many mortgage shoppers believe that these forecasts give them an edge.
Unfortunately, rate expectations sometimes prevent people from picking the lowest-cost mortgage. For instance, those who believe rates can only rise could ignore shorter terms.
Read more: http://tinyurl.com/cgsyogm
Banks pushing low mortgage rates in branches, despite Flaherty’s concerns
A sign in a Toronto Bank of Montreal branch promoting a five-year fixed mortgage rate of 2.89 per cent Wednesday is just one indication that Canada’s Finance Minister has his work cut if he wants to stop banks from offering ultra-low rates.
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