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Bank
of Canada Raises Key Interest Rate!
For the 2nd Consecutive meeting, The Bank of Canada has raised its
key interest rate by one-quarter point to 1.0 per cent. This
effectively raises the Banks prime lending rate to
3.2%.
The next scheduled date for announcing the overnight rate target is
October 25, 2017.
If you are concerned or want to find out how this may impact you
please don't hesitate to contact me.
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More Than a Third
Think Interest Rate Increase to Have Negative Impact on Their
Personal Finances
In a random sampling of public opinion taken by The Forum Poll
amongst 1150 Canadian voters, almost a third (BTM2: 34%) say the
increase in the Bank of Canada’s prime interest rate will have a
negative impact on their finances with (22%) saying it will have
at least a somewhat negative effect, and (12%) saying it will
have an extremely negative effect.
More than seven in ten (71%) said that, over the last the last
three years, Canada has become more expensive for their family.
Fewer than one in ten (5%) said that Canada has become less
expensive for their family, while two in ten (20%) said that it’s
neither more nor less expensive than 3 years ago. A small
proportion (4%) said that they do not know.
The Forum Poll was conducted by Forum Research with the results
based on an interactive voice response telephone survey of 1150
randomly selected Canadian Voters. The poll was conducted Aug
16-17, 2017.
If you have concerns about the last Bank of Canada rate hike,
contact me and I would be happy to review your mortgage financing
to make sure you are getting the most out of your mortgage.
poll.forumresearch.com
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Easy
ways to make the most of school lunches
(NC)
With the school year ahead of us, lunchtime can be daunting. We
all know how quickly children get bored of typical lunchtime
items, not to mention that mornings can often feel rushed when
lunch preparations aren't going according to plan.
But school lunches can also be a great opportunity to introduce
your kids to new foods and encourage a little independence. A
recent survey by Whirlpool Canada shows that 70 per cent of
Canadians agree that giving children an opportunity to try dishes
from different cultures is a good way to encourage mutual
understanding and respect.
To make the most of lunchtime meal prep and help families,
children and classmates bond over a variety of tasty foods, Emma
Waverman, a blogger and popular Canadian writer, shares her top
tips.
Make it
quality time. Time spent cooking with your
kids gives you the chance to connect and work together each day.
They love to be empowered and will feel happy to be included.
Children often like a hot lunch once or twice a week, so making
this prep time into quality time will help your child feel
involved in the process and appreciative of the opportunity to
work alongside their parents.
Encourage
independence. Kids involved in the process
will feel confident and independent, even if their involvement is
as simple as packing their lunch. Start by finding a role in the
kitchen suitable for your children, such as bagging lunches,
washing fruits and veggies or coming up with ideas for next
week's meals. The new Whirlpool door-within-door refrigerator has
flexible storage options and offers quick access to your child's
lunch picks.
Sample something new.
Inspire your kids by selecting new meals you would both like to
try. Have them get involved in the food selection process and
introduce new foods on a regular basis. Your kids may draw
inspiration from their fellow classmates for meals to try or they
may look to you for guidance. Trying new foods is a great way to
keep lunches exciting.
www.newscanada.com
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Have mortgage
questions? I'm here to help you!
Please feel free to contact me with any questions you may
have. It would be a pleasure to assist you or any one of
your friends or family members!
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