Author: Connolly Capital

      Weekly Digest ——— September 20th, 2023   Inflation is Back on the Rise In our digest last week, I mentioned that we would be getting some bad news on the inflation battle. Heads rolled a full 360 degrees as inflation is now back to 4.0% Annual Inflation; 4.0% (up from a...

As a first time home buyer, the process of purchasing a home can be quite intimidating and confusing; however, from our very first meeting with Sean, he was able to continually guide us step-by-step right up until our move-in date. Responsive, knowledgeable & supportive -...

      Weekly Digest ——— September 13th, 2023   Bank of Canada Rate Announcement   The Bank of Canada hit the pause button last week. This was an anti-climactic reveal as the market had priced this in for over a month. Canadian GDP dipped in Quarter 2 by -0.2%. The forecast was for...

      Weekly Digest ——— September 1st, 2023   Changes to HELOC’s in Canada Starting November 1st, 2023, any borrowers who have a Home Equity Line Product will be impacted by impending changes laid out by OSFI. Any global limit registered to 80% of the value of the home will gradually have...

The Connolly team figured out our needs and matched them with the right bank quickly and effectively. It is a lot of work moving a mortgage around and they did a lot of the heavy lifting. They respond quickly to any and all questions that...

      Weekly Digest ——— August 23rd, 2023   Inflation Rebounds in July Inflation was projected to rebound thanks largely to base effects for comparisons. The inflation numbers ticked back up to 3.30% (above the 3.20% projection). Surging oil prices have not helped the BoC’s uphill climb to the 2% inflation target. As...