Author: drnszgy
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Balancing Real Estate Investments Through the Lens of the Kelly Formula
Investing intelligently requires understanding the landscape across various sectors, primarily finance and real estate, and strategically managing risks versus potential returns. The interplay of economic indicators such as interest rates and inflation, particularly in neighboring economies like the USA, also plays a crucial role in shaping investment strategies in Canadian markets. U.S. Economic Policies and…
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Bank of Canada Eyes June Rate Cuts Amid New Federal Initiatives to Boost Housing Supply
In a recent update from the Bank of Canada, the possibility of interest rate cuts starting as early as June has been floated amidst ongoing economic turbulence and market speculations. The central bank’s Governor hinted during a press conference that rate reductions are “within the realm of possibilities,” aiming to pivot the economic strategy to…
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Canada’s New 30-Year Mortgage Policy for first-time homebuyers
The Canadian government, announced by Finance Minister Christia Freeland, is set to introduce 30-year amortizations exclusively for first-time home buyers purchasing new build homes. This move also includes an increase in the amount first-time buyers can withdraw from their RRSPs for home purchases. Key Points: 30-Year Amortizations: Previously capped at 25 years for insured mortgages…