Prime Minister Trudeau and the premiers have turned their focus to the pressing issue of interprovincial trade as a potential shield for the Canadian economy against looming threats from the United States. This strategic discussion, a …

Blockbuster December job numbers could calm the rate cut frenzy The national economy ended 2024 on a surprisingly strong note, adding almost 91,000 new jobs, nearly four times the forecasted number. It marked the largest monthly incre …

Federal Reserve policymakers received fresh confirmation last Friday that inflation is continuing to ease, paving the way for a potential interest rate reduction as early as next month. As inflationary pressures subside, the Fed’ …

Canada’s economy showed surprising strength in the second quarter of this year, outpacing expectations with higher-than-anticipated growth. However, despite this strong showing, signs of economic weakness emerged during the summer m …

We’re seeing slowdowns in the condo market, a large increase in listings compared to sales, and investors increasingly wary of allocating capital. Higher interest rates and slowing employment growth are taking their toll. But despit …

Despite the impact of higher rates on the real estate and construction sectors, Ontario’s diversified and resilient economy still managed to create 22,000 new jobs in July. The national economy overall lost a few thousand jobs, with …

When the Bank of Canada catastrophically messed up its reading on inflation by surging rates way too quickly, they put the housing market in a difficult position. Now, many Canadians who bought property at the height of COVID when rat …

Tembo Financial is pleased to announce the promotion of Arlen Ekstein to the position of Vice President of Sales & Marketing. In this new role, Arlen will oversee all sales and marketing activities for Tembo Financial, leading eff …

 On Wednesday, the Bank of Canada reduced its key interest rate to 4.5%, with Governor Tiff Macklem hinting at further reductions if inflation continues to decline. This move was anticipated by many economists following the easing of …

With interest rates having peaked, and sales volume declining, more and more prospective homebuyers are beginning to jump into the market. Good deals and reasonably prices are more common in traditionally red hot real estate markets a …

Inflation and higher prices continue to prompt more Canadians to rely heavily on credit cards, loans, and lines of credit to manage their daily expenses. The increased interest rates are escalating debt servicing costs, causing even m …

Thinking about giving your home a facelift with some renovations? It’s a decision many homeowners contemplate, but navigating through the process and ensuring your investment pays off can be daunting. Luckily, Tembo is here with …