Equity Refinance Mortgage Loans Canada - Equity Mortgage Loans Canada - Second Mortgage Loans Canada
Mortgage Loans Canada, Mortgage Refinance Canada, Equity Mortgage Loans CanadaOnline Mortgage Application Form Instant Mortgage Approval 1-866-573-3122 24 HOUR CUSTOMER SERVICEEQUITY REFINANCE MORTGAGE LOANS CANADA BLOGMortgage Canada Buying and selling a home cheat sheetMortgage Canada Words To Know When Buying A HomeImportant Mortgage Websites linksMortgage Canada Basics - Mortgage Canada GuideMortgage Canada CMHC Newcomers to Canada Buying your First HomeMortgage Canada CMHC Home Buying Step By StepMortgage Canada CMHC Condominium Buyers GuideMortgage Canada Compare all Canadian Credit CardsHow Credit Effects Your Canadian MortgageMortgage Canada CMHC Housing Market Outlook Canada Edition Page 1Mortgage Calculator - Mortgage calculators allow you to make informed mortgage decisions
Equity Refinance Mortgage Loans Canada, Home Equity Unlocking, 1st & 2nd Mortgages, Your Mortgage Experts. My right Mortgage, INSTANT APPROVAL 24/7 CUSTOMER SERVICE FAST MORTGAGE PAYOUTS IN CANADA HIGHEST MORTGAGE APPROVAL RATE IN CANADA 1-866-573-3122

HOME BUYING, BUYING YOUR FIRST HOME & INFORMATION FOR SEASONED HOMEBUYERS
FINANCIAL CONSUMER AGENCY OF CANADA
CANADIAN ECONOMY NEWS
MORTGAGE BROKER NEWS
October, 2015
November, 2015
December, 2015
January, 2016

Candidates weigh in on BoC MORTGAGE BROKER NEWS

If these politicians have their way, the Bank of Canada’s mandate will not be altered once they take office.
by |

If these politicians have their way, the Bank of Canada’s mandate will not be altered once they take office.

"I can tell you with some certainty that we would not be looking at a substantial change in that mandate, but we will obviously review it and discuss with the governor (of the Bank of Canada) and others whether there should be any kind of adjustment," Prime Minister Stephen Harper told reporters at a campaign stop in Toronto, according to Reuters.

According to Harper, the current inflation target – and the plan to get it there – is working and doesn’t need to be tinkered with.

The bank operates under the guidance of the federal government, and its current policy is to keep inflation near 2%.

The current mandate is set for review in 2016. A change in inflation target is likely a campaign issue for brokers, as it could influence mortgage rates – and industry business.

For his part, Liberal hopeful Justin Trudeau has argued the current regime has taken too active an approach to the central bank – hinting that the current mandate will be held.

“One of the things I think we’ve seen that has been deplorable over the past month is a willingness by the federal government to engage in a more active way with the Bank of Canada, and lean on it and use it to bolster political arguments,” Trudeau told reporters Tuesday in Toronto.

NDP leader Tom Mulcair has yet to comment.

Canadians will head to the voting booth October 19 for the 42nd election.

However, we already have a sense of how brokers will vote.

A recent MortgageBrokerNews.ca poll found that 51% of brokers plan on voting conservative. 30% said they would be voting liberal; 11% NDP; and 6% preferred not to disclose. The remaining votes were cast for green or “other.”

CLICK TO VIEW ON LIVE MORTGAGE BROKER NEWS SITE
http://www.mortgagebrokernews.ca/news/candidates-weigh-in-on-boc-197894.aspx

<< Back Add New Comment
0 items total
Add New Comment
Name*
Subject*
Comment*
Please type the confirmation code you see on the image*
Reload image

Powered by 4GoodHosting