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Bank of Canada does not raise interest rates as promised

The housing affordability in Canada is a major concern for Canadians. An interest rate hike would have assisted in cooling the market. https://www.bankofcanada.ca/2022/01/fad-press-release-2022-01-26/ REDCanada Let’s hope Bank of Canada looks into this decision and considers a rate hike in the near future. As inflation is at record high compared with the 1990s but the interest … Continue reading Bank of Canada does not raise interest rates as promised

Premier Doug Ford launches task force to combat Ontario housing crisis

https://youtu.be/CAgPb4S5C-w Housing Affordability in Ontario As the housing shortfall affects all Ontarians, Premier Doug Ford launches a task force to research and consult with industry leaders. REDCanada will be participating and bringing the housing issues to the forefront. We will propose immediate solutions and long-term considerations to combat the housing crisis in Ontario.

REDCanada meeting with Hon. Brad Vis

Thanks to Hon. Minister Brad Vis for the meeting on 07/28/2021. Brad Vis Official Portrait / Portrait Officiel Ottawa, ONTARIO, Canada on 18 November, 2019. © HOC-CDC Credit: Mélanie Provencher, House of Commons Photo Services We discuss issues as follow: Historically low interest rates must be addressed by the Bank of Canada;Canada is not prepared … Continue reading REDCanada meeting with Hon. Brad Vis