Archive : 2008

Measures to combat credit crunch

The Bank of Canada, along with the U.S. Federal Reserve, European Central Bank and others, announced an interest rate cut of 50 basis points last Wednesday. The Bank of Canada’s benchmark lending rate now stands at 2.5 per cent.

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Gamble that failed

Stephen Harper took a gamble and lost. Stéphane Dion took a gamble and lost. Jack Layton took a gamble and lost. Elizabeth May took a gamble and lost. So, who won?  Certainly not Canadian voters who could be facing...

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Best September MLS® performance ever recorded

The best September on record shows the resilience of the Winnipeg real estate market in the face of downturns occurring in other Canadian markets. Winnipeg is bucking the trend of a retreating market now in existence in Western Canad...

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Repeat of '07 crash

“If the money market is tight here, it is the same all over the world.” “Brokers rushed here and there in an effort to unload, and thousands of shares were dumped on the market in less time than the telling of it ta...

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