Canadian Inflation Spikes to 6.7% in March

Dr. Sherry Cooper Brent Shepheard 20 Apr

This is the latest update from Dominion Lending Centres Cheif Economist, Dr. Sherry Cooper Holy Smokes! Canadian Inflation Is At 6.7%   StatsCanada today reported that consumer prices rose a whopping 6.7% year-over-year in March, a full percentage point above the 5.7% reading the month before. Market-driven interest rates shot up on the news as […]

Read More

7 Closing Costs You Need To Budget For

Mortgage Brent Shepheard 2 Apr

7 Closing Costs You Need To Budget For   What are closing costs? Closing costs are an often overlooked expense in the home buying process, especially among first-time home buyers.   Closing costs are in addition to your down-payment funds.  Most lenders use a standard calculation of 1.5% of the purchase price to determine the closing […]

Read More

Canadian CPI Inflation Rises to 5.7%

Dr. Sherry Cooper Brent Shepheard 17 Mar

This is the latest blog post from DLC Chief Economist, Dr. Sherry Cooper. Inflation Pressures Accelerating StatsCanada today reported that Canadian inflation rose 5.7% year-over-year in February, up again from the prior month’s 5.1% rise. This was the largest gain since August 1991 (+6.0%). This was no surprise, as the Ukraine War has stepped up […]

Read More