Canada’s economy added a net 153,700 jobs in November, well above analysts’ expectations of 35,000, while the unemployment rate dropped to 6.0 per cent, beating expert estimates of 6.6 per cent and edging closer to the Februar …

The Ministry of Finance has released an updated 5-year inflation mandate for the Bank of Canada – under the auspices of the Deputy PM & Minister of Finance Chrystia Freeland. The inflation target is unchanged at 2%, and econ …

Many Ontario homeowners are juggling multiple credit card and loan payments. With home prices and the costs of goods steadily increasing, it appears that household debt will continue to rise. A debt consolidation loan with Tembo Finan …

As a private mortgage lender in Ontario, there are a number of reasons why clients seek private mortgages. Many Ontario homeowners have accumulated equity in their homes and they look for solutions to tap into this equity. An easy sol …

It’s hard to say, but it’s the truth. BOC Governor Macklem’s refusal to raise rates until the Spring of 2022 is simply an admission that the BOC is trapped. If it raises rates, our economy will face more strain and m …

Given the BOC’s recent signals that QE is over and that rates will be going up earlier than previously expected, the media narrative is showing signs of change. We’re now seeing more and more articles talking about a marke …

Two interesting and conflicting headlines on inflation and rate hikes came out recently. One suggests that the BOC will wait on rate hikes until later than expected to stimulate recovery, while another says that the BOC will hike ear …

Tembo outlined what the three big parties promised on real estate in three blog posts. Given that the Liberals have been re-elected, let’s recap what they promised, and what changes (if any) are in store. Many of the Liberal Par …

Overall, we’re holding fast. August saw 90,000 jobs created across the country (when lockdowns are lifted, jobs come back, when they’re imposed – we lose employment). Our unemployment rate is at the overall historic …

Election 2021 is finally behind us. The end result of this $600M snap election in the middle of a fourth wave is a parliament that is almost exactly the same as the one that preceded it. As the Liberal Party did not lose any seats, th …

In our final Election 2021 housing blog post, we’re looking at the third party NDP’s platform under leader Jagmeet Singh. As is expected for the housing section of an NDP platform, it starts with building affordable housin …

Welcome to the second Election 2021 housing platform blog, with a quick dive into what the official opposition is proposing to do to help Canadians afford homes. The Conservatives are focusing on a platform that addresses four areas, …