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MORTGAGE RATE FORECAST......BCREA


As the year ends, it's worth reflecting on how significantly the Canadian interest rate environment has changed in just twelve months. One year ago, the Canadian yield curve was its usual upward sloping shape, with markets expecting gradual rate increases by the Bank of Canada. Based partly on those expectations, Canadian mortgage rates were climbing. However, within 8 months the yield curve in Canada had inverted, bond yields tumbled, and Canadian mortgage rates were once again heading lower.


https://www.bcrea.bc.ca/economics/mortgage-rate-forecast/


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West Vancouver Council Backs Ambleside Waterfront Plan

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Mayor touts greening of seaside in endorsement of 5-year plan.

At 40 years old, West Vancouver’s waterfront plan got its first teeth Monday.

Council endorsed a five-year plan that will swap nine buildings for a new arts centre and bistro, trade parking spots for a Spirit Trail expansion and cut off car access to the boat ramp.

http://www.nsnews.com/news/west-vancouver-council-backs-ambleside-waterfront-plan-1.2280897

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