A blog cannot deal with all aspects of a subject and is not intended to replace professional advice. It's purpose is to highlight information and identify areas of possible interest. Anyone wishing to discuss this blog or to make any comments or suggestions about this blog is invited to do so by either posting comments or emailing me directly.

 

 

Here are some helpful (and colourful!) stats, guidelines and cost-saving ideas for making your home more eco-friendly.

 

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For the fifth time in five years, Federal Finance Minister Jim Flaherty announced additional rules for Mortgage Lenders, designed to calm what he sees as a "hot" housing market. This round, the government is, in effect, implementing a cap on the amount of loan guarantees the CMHC provides to Lenders.

 

Market effects? Short-term, there will likely be upward pressure on interest rates by 20 to 60 basis points, despite the Bank of Canada's signal of interest rate stability.

 

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