Richard & Liz Bergeron

Calgary’s Real Estate Specialists

Richard's Cell: 403-819-2331 | Liz's Cell: 403-875-8470


The Bank of Canada has maintained the overnight interest rate at one per cent – unchanged since September 2010.

Here’s the statement from the bank (published Dec. 3) :

The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.

… Read More

Bank of Canada maintains overnight rate is a post from: CREBNow


How the future of oil and gas in Alberta will affect Calgary’s housing market

The plummeting price of oil is unlikely to affect Calgary’s housing market in the immediate future, but a prolonged slump could eventually leave its mark on the local landscape, say Canadian economists.

“If the recent slide in oil prices turns down the migration taps, construction activity could begin to soften again in Calgary,” said BMO senior economist Robert Kavcic, noting that, in the interim, Calgary’s housing market remains red hot.… Read More

Power of the pump is a post from: CREBNow


Here is your morning news rundown for Monday, May 5

  • The 10 Most Resilient Cities In The World – Fast Company
  • Outlook for Canada’s job market – and economy as a whole – still far from certain – Financial Post
  • Job-vacancy rate plunges as Tories drop Kijiji data – Globe and Mail
  • CMHC Says It Will Trim Canada Mortgage Insurance – Bloomberg

Morning news rundown is a post from: CREBNow… Read More

Morning news rundown is a post from: CREBNow

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