I wrote about this a while back, when covering the new Apple Store opening in Waterloo, but I can now officially announce what I told you: TARGET is coming to Conestoga Mall in Waterloo As anyone who follows Retail & Commercial Real Estate in Canada likely knows by now, Target bough Zellers for $1.82 billion, [...]
Tag Archives | canada
CREA ratifies Competition Bureau Consent Agreement re: MLS® Access
Agreement formalizes fact that consumers have many choices when it comes to selling real estate Big news this morning coming out of St John’s Newfoundland, as Georges Pahud, President of the Canadian Real Estate Association, spoke about CREAs approval of the Competition Bureau’s case re: access to the MLS®. “We are pleased that after careful [...]
Top 9 Reasons You Should Invest in KW Real Estate
KW Tops REIN Top 10 List Kitchener Waterloo is Ontario’s top Real Estate Investment Destination, again. Well, it’s that time of year again. Kitchener Waterloo is getting some more much deserved attention from Canadian Real Estate Investors all across the country. KW has been named the top real estate investment destination in Ontario by the [...]
A Mortgage Broker’s thoughts on the Bank of Canada’s interest rate hike
I was speaking with my friend Jeff Reitzel, who is also my mortgage broker and a real estate investor. Jeff is one of the top mortgage brokers (with Mortgage Alliance Canada’s Mortgage Choice in Kitchener) in the country, and helps a lot of investors finance property. I asked Jeff what he thought of the Bank [...]
More analysis on the Bank of Canada interest rate hike
I just read some very cogent insights into the Bank of Canada’s rate hike this morning, via the Financial Post (found via their twitter feed, where I get most of my news these days ): The following analysis is from Avery Shenfeld, chief economist CIBC World Markets. The Bank of Canada is like a poker [...]
Bank of Canada raises interest rate 0.25%
Quick morning update. Mortgage interest rates area heading up! This morning, the Bank of Canada announced what many of us were expecting; they have raised the prime interest rate by a quarter percent, to 0.75%. This will likely put pressure on variable rate mortgages. Mortgage ares are still very affordable. We have real estate investors [...]
Kitchener Waterloo local David Johnston named Canada’s next Governor General
There was a buzz building that Stephen Harper was preparing to nominate Kitchener Waterloo local David Johnstons as Canada’s next Governor General, and last week the news became official. This is a terrific choice for Canada, and is yet another event that will draw Canadian’s attention to the Waterloo Region, one of the most vibrant [...]
News about the Canadian Economy
Smart Real Estate Investors educate themselves about the economy. I try to be a smart investor, so.. Here are a few articles that I’m reading about the Canadian economy: Leading index suggests robust growth Statistics Canada’s index of leading economic indicators rose 0.9 per cent last month, the federal data agency said Friday. The leading [...]
