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October 30, 2008
>
Saskatchewan's hot real
estate market loses steam -
Joanne Paulson, The Star Phoenix -
The days of
double-digit increases in
Saskatchewan housing prices appear
to be over, at least for the near
future, housing experts say...
October 10, 2008
>
Banks Lower Prime Rate -
Virginia Galt, The Globe and Mail -
Canada's big
banks lowered their prime lending
rates Friday, the second time in a
week, after Ottawa moved to address
the banks' increased cost of
borrowing...
October 10, 2008
>
Ottawa buying $25-billion in
mortgage pools -
Shawn McCarthy, The Globe and Mail -
Ottawa is
buying $25-billion in insured
mortgage pools in an effort to boost
lending by the country's banks and
reduce borrowing costs for
Canadians...
October 8, 2008
>
Saskatchewan to lead Canada in
economic growth in next few years:
RBC report - Neil Scott, The Leader-Post -
Saskatchewan's
economy will continue to roar while
the Canadian and U.S. economies
whimper over the next couple of
years, according to projections
released Wednesday by RBC...
October 8, 2008
>
Housing
Starts Up 48.3% in Regina - Neil Scott, The Leader-Post -
New housing
starts in September rose by 48.3 per
cent in Regina but dropped by 30.3
per cent in Saskatoon, according to
statistics released Wednesday...
September 3, 2008
>
Bank of Canada Holds Benchmark Rate
at 3%
-
Jamie Sturgeon, Financial
Post
- The
Bank of Canada held its benchmark
interest rate steady at 3% on
Wednesday, noting that weakening
commodity prices should dampen
inflation...
August 30, 2008
>
Housing Prices Expected to
Moderate in Saskatchewan
-
Saskatchewan News Network;
with Canwest
-
Saskatchewan saw the dollar volume
of home sales increase by 21 per
cent in the first seven months of
2008...
June 10, 2008
>
New Housing Starts in Regina at 25
Year High
-
Trevor Newell, The
Leader-Post
-
Demand
for new homes in Regina is driving
the most activity in the local
residential construction sector in a
generation...
May 16, 2008
>
Housing market in
Saskatchewan 'at a whole new level'
-
Neil
Scott, The Leader-Post
-
Regina's
booming housing market is expected
to remain red hot for the rest of
this year and cool only slightly in
2009, according to a forecast
released Thursday...
April 22, 2008
>
Bank of Canada lowers overnight rate
target by 1/2 percentage point to
3 per cent
-
OTTAWA
– The Bank of Canada today announced
that it is lowering its target for
the overnight rate by one-half of a
percentage point to 3 per cent. The
operating band for the overnight
rate is correspondingly lowered, and
the Bank Rate is now 3 1/4 per cent...
April 3, 2008
>
Saskatchewan - The New Provincial
Growth Leader: RBC Reports
-
Canada
NewsWire via COMTEX -
Saskatchewan is
expected to be Canada's economic
growth leader, coming in at 3.6 per
cent in 2008 and 3.2 per cent in
2009...
March 4, 2008
>
BoC Slashes Interest Rates
-
Kevin Carmichael, The
Globe and Mail -
The Bank of
Canada dropped its key lending rate
by half a percentage point, and
indicated that further cuts will be
needed to insulate Canada from the
effects of a U.S. economy on the
brink of recession...
February 7, 2008
>
Saskatchewan
Housing Market to Lead the Nation in
2008
-
CNW -
Housing market
analysts predict Saskatchewan will
set several new records this year.
The sold-out crowd attending Canada
Mortgage and Housing Corporation's
(CMHC) Saskatchewan Housing Outlook
Conference will hear...
January 22, 2008
>
Bank
of Canada Cuts Rates by 25 Basis
Points
-
Heather Scoffield, Globe and Mail -
The Bank of
Canada has cut its key interest rate
by a quarter of a percentage point,
and is indicating there are further
cuts to come, in order to help
Canada deal with a brutal U.S.
slowdown...
January 9, 2008
>
Canadian Interest Rates to Tumble:
Merrill
-
Tavis Grant, The
Globe and Mail -
The Canadian
economy is poised for a sharp
slowdown as U.S. demand weakens and
that, combined with cooling
inflation, spell much lower interest
rates in the coming year, Merrill
Lynch Canada predicts...
January 3, 2008
>
Records Shattered
-
Neil Scott, The
Leader-Post -
Residential
home sales records were shattered in
the metropolitan Regina area in
2007, according to year-end numbers
released Wednesday by the
Association of Regina Realtors...
December 4, 2007
>
Central
Bank Cuts Interest Rates As High
Loonie, Credit Turmoil Raise Fears
-
Heather Scoffield, Globe and Mail -
The
high Canadian dollar and turmoil in
credit markets have prompted the
Bank of Canada to cut its key
interest rate by a quarter point...
November 21, 2007
>
Regina
Inflation Rate Up 3%
-
Leader-Post
and CanWest News Service -
The
cost
of
living
in
Saskatchewan
rose
by
3.6
per
cent
between
October
2006
and
October
2007,
well
above
the
national
inflation
rate
of...
November
16, 2007
>
Interest
Rate-cut Chorus Grows
-
Tavia
Grant, The Globe and Mail -
A growing number of strategists now
expect the Bank of Canada to cut interest
rates in the coming months as a strong
dollar takes a bite out of trade...
November 12, 2007
>
Declines In Western Canadian Housing
Starts Expected for 2008
- Richard Gilbert, Journal of Commerce -
Housing starts throughout Western Canada
are expected to decline in 2008, after
reaching record highs in 2006 or 2007, the
federal government’s housing agency said
last week...
November 9, 2007
>
Housing
Market Continues at Record Pace in
Saskatchewan
- Ciaran Dickson, Leader-Post - While
markets across Canada are beginning to cool
off, Saskatchewan's housing market isn't
showing much sign of slowing down, according
to figures released by Canada Mortgage and
Housing Corporation (CMHC) Thursday...
October
31, 2007
>
Housing
Heads for 24 Year High
- Bruce Johnstone, Saskatchewan News
Network - Buoyed
by a booming economy, Saskatchewan's housing
industry will hit a 24-year high with 6,000
starts in 2007 -- up 61 per cent from last
year, says Canada Mortgage and Housing Corp...
October
29, 2007
>
Canadian
Dollar Jumps to 47 Year High
- Toronto, Canada.com - The
Canadian dollar soared to a 47-year high
against a beleaguered U.S. dollar on Monday,
thanks to lofty oil and gold prices...
October 25, 2007
>
Now's
a Good Time to Lock in a Mortgage
-
Rob
Carrick, Globe and Mail - Mortgage
rates have hit multiyear highs, and there
could be worse to come before things settle
down. Call
it yet another example of collateral damage
from the problems in the U.S. subprime
mortgage market...
October 23, 2007
>
Retail
Sales Growth Linked to Housing
-
Murray
Lyons, The
StarPhoenix -
A sign
of Saskatchewan's economic momentum can be
found in retail sales figures for the first
nine months of the year, a period in which
TD Economics pegs the province as the only
jurisdiction outside Alberta to see
double-digit growth this year...
October 23, 2007
>
U.S.
Sneezes, Canada Stays Healthy
-
Terrence
Belford,
The
Globe and Mail - The
U.S. real estate market is heading into
turbulent waters in 2008 but, unlike years
past, that won't rock the boat in Canada,
according to a major real estate report...
October 22, 2007
>
CMHC
Urges Greener Homes in Denser Urban Areas
-
Lori
McLeod,
The
Globe and Mail
- Building
greener homes in highly populated urban
areas is the key to reducing the housing
sector's impact on the environment,
according to a study by the Canada Mortgage
and Housing Corp...
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