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Bank of Canada keeps rates on hold, oil sector continues to weigh on economy

Thu, 12/03/2015 The Bank of Canada announced on December 2nd, 2015 that it was keeping its trend-setting target overnight lending rate at 0.5 per cent. The Bank of Canada announced on December 2nd, 2015 that it was keeping its trend-setting target overnight lending rate at 0.5 per cent. Helped by interest rate cuts earlier this year, the Canadian economy rebounded in the third quarter of 2015 from two previous consecutive quarters of negative economic growth. However, the Bank expects “[economic] growth to moderate in the fourth quarter of 2015 before moving to a rate above potential in 2016.” The Bank’s…

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Canadian home sales rebound in October

Mon, 11/16/2015 - 09:00 Ottawa, ON, November 16, 2015 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales increased in October 2015 from the previous month. Ottawa, ON, November 16, 2015 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales increased in October 2015 from the previous month. Highlights: National home sales rose by 1.8% from September to October. Actual (not seasonally adjusted) activity was little changed (+0.1%) compared to October 2014. The number of newly listed homes was up 0.9% from September to October. The…

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Policy Advisor

Policy Advisor The Policy Advisor would provide analytical and technical expertise and research on various files and to supplement the work of the government relations department.  The Policy Advisor would conduct research and work with multiple partners on new files to benefit the real estate industry and to better service the growing list of current issues. The Policy Advisor is responsible to conduct effective lobbying by deepening relationships with government through partnership and collaboration.

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