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Author Archives: kaimin

Think-Tank To New BoC Governor: Start Raising Interest Rates

Think-Tank To New BoC Governor: Start Raising Interest Rates

Julian Beltrame, The Canadian Press
Published Wednesday, May 15, 2013 11:23AM EDT

OTTAWA — Slashing interest rates and printing wads of money may have saved the global economy from catastrophe, but taking back all the monetary candy opens the world to new risks, the Bank of Canada warns in a research paper.

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Competition Bureau loses its MLS-access case against TREB

Competition Bureau loses its MLS-access case against TREB

A Competition Bureau case against the Toronto Real Estate Board, which represents many of the city’s and region’s realtor, has been rejected by a federal tribunal. The high-profile case had argued that web-based realtors should be allowed greater access to the data in TREB’s MLS system.

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February 2013 GTA REALTORS® Release Monthly Resale Housing Figures

February 2013 GTA REALTORS® Release Monthly Resale Housing Figures

TORONTO, March 5, 2013 – Greater Toronto Area (GTA) REALTORS® reported 5,759 sales through the TorontoMLS system in February 2013 – a decline of 15 per cent in comparison to February 2012.  It should be noted that 2012 was a leap year with one extra day in February.  A 28 day year-over-year sales comparison resulted in a lesser decline of 10.5 per cent.

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