The deficit has soared ahead of March 22 Budget, Bill Morneau says
On Monday February 22, 2016 CBC News posted an article about the Liberal government forecasting greater than expected deficits for the next two years. Susana Mas, CBC News – The Liberal government is now forecasting larger than expected deficits for the next two years even before adding billions in promised spending in its first budget, which […]
How The Price of Oil Should Keep Your Mortgage Variable!
The United States Economy seems to be coming back, big time. Over the past 5 years, the level of stimulus that has been applied to reinvigorate the American economy has been incredible. We have seen: And now we are seeing a new form of Fiscal Stimulus. The Government of United States has used its muscle […]
How the Canadian Economy Could Affect Your Mortgage.
The Canadian economy is slipping. In fact, we may see our first quarterly economic contraction since the second quarter of 2011. But before you stock up on canned beans, this isn’t all bad. It could mean that lower variable rates are on the horizon. It won’t happen immediately, but we doubt this is the lowest […]
Home Financing: Faster and Easier than Ever Before
As of September 1st, MorCan Direct has joined Cannect. Here’s the million-dollar question What does that mean for you? It means the same sound, unbiased, expert mortgage advice you’ve come to expect from us over the last 16 years, now on an amazing new online platform offering even more services that will help Canadians secure […]
Did you know Higher Interest Rates Mean More Profit – Here is the 6 reason to Invest – Cannect MIC
The Cannect Mortgage Investment Corporation is a great investment during a period of inflation and rising interest rates. When interest rates drop, borrowers break their mortgage to access more capital. This is exactly what they did in 2020. Now interest rates are much, much higher! If these borrowers need to access more capital, do they really want to break […]
