We predicted that high inflation was likely not ‘transitory’ – remember that this was the narrative in late 2021 and early this year. That’s been proven to be a very weak and completely false narrative now. We …

If we will be seeing rates consistently go up, the other question is how quickly will they rise? These are the big questions that will shape everything – real estate, housing, equity markets, the economy, and ultimately – …

Ontario’s Minister of Transportation Caroline Mulroney reiterated the province’s plan to spend $61 billion on public transit and $21 billion on highway expansion over the next ten years. Most of the projects have already …

With an important provincial election heating up, the Ontario Liberal Party recently released a short outline of some of its economic proposals. These include exploring the potential for a four-day work week that acknowledges the COVI …

BlogTo recently released a story about a detached triplex house in downtown Toronto on Euclid St. that was recently listed for just over $3.5M. Two years ago, the house was a modest, standard property – the main floor was in goo …

For just over $10 billion, the Chinese have completed the world’s largest airport just south of Beijing that can accommodate almost 200 million passengers a year (Pearson was at 35 million before COVID). The airport was complete …

A recent BOC survey of Canadian business shows that entrepreneurs are worried about supply chain issues, labour shortages, and ability to meet consumer demands – especially if high inflation persists and higher rates kick in. Ov …

What is bridge financing Bridge financing is a short-term lending option that helps homebuyers bridge the gap between their old and new homes when their closing dates aren’t aligned. It is also an excellent short-term solution for …

As home prices continue to rise across Ontario there is no surprise why homeowners are interested in tapping into their equity by means of home equity loans. A home equity loan from Tembo Financial is an easy and flexible way for Onta …

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 …

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 …