Canada moves on

Well the first months of the Trump administration have seen the big lie, told over and over and over. that Canada is a threat. In fact the threat has come out of the White House – that Canada bend to economic power and become the 51st state or else. Several officials, mostly ex-Fox News broadcasters,…

That’s a big cut!

April 15, 2026 is our date – the date our current mortgage ends. So I’ve been very interested in what the interest rate will be at that point. Now be clear that’s still a long way from today as markets and interest rates go. But I’m hopeful!! But today they cut the prime by a…

Not so good news

So here’s some interesting statistics. First, 75% of Canadian mortgages come due for renewal between 2024 and 2026. This is mainly because borrowing rates were so low five years ago. As you know interest rates have been climbing and the banks are concerned. You do know that saying “The banks, they’re richer than you think”!…