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The Bank of Canada is once again keeping its key policy rate unchanged, noting that with weak economic growth and muted inflation our historic low rates "will likely remain appropriate for a period of time." There is now less concern about household debt levels, with the Bank noting that it "expects trend growth in household credit to moderate further, with the debt-to-income ratio stabilizing near current levels."

 

The prime rate for most lenders should stay at 3%, unchanged since September...

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It is exciting to see the first signs of spring. They are there too in the Real Estate market.  Please take the time to review the February 2013 Real Estate activity statistics as provided by the Realtor’s Association of Edmonton.

 

Just follow the link below.

 

http://www.ereb.com/News&Events/LatestMarketStatistics.html

 

Have a great March and please feel free to contact me to discuss your next Real Estate endeavour.

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The Bank of Canada is once again keeping its key policy rate unchanged, and surprisingly indicating that future rate hikes are less imminent than previously anticipated. The Bank's statement noted that in Canada "the slowdown in the second half of 2012 was more pronounced than the Bank had anticipated," that "caution about high debt levels has begun to restrain household spending," and that "core inflation has softened more than the Bank had expected."

 

The prime rate for most lenders should...

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Whether you are just moving or have been in your home for some time, it’s always important to:

 

  • Have a fire evacuation plan and make sure everyone in your home knows how to safely get out of the home from every room
  • Ensure that fire extinguishers are easily accessible at all times (there should be one on each floor)
  • Locate and test the smoke detectors in your home every six months
  • Locate and test the carbon monoxide detectors. They’ll detect high levels of carbon monoxide in your...
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Happy New Year.

 

As the holiday season concludes and we all return to normal routines please take a moment to review the wrap up statistics for the Edmonton and area Real Estate market as provided by the Realtors Association of Edmonton.

 

The link below with provided both the December 2012 and 4th quarter 2012 Real Estate activity statistics.

 

http://www.ereb.com/News&Events/LatestMarketStatistics.html

 

Please give me a call anytime at 780-908-1224 to discuss your 2013...

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Today’s Bank of Canada rate hold announcement marks almost four straight years that the key benchmark rate has remained unchanged, since September 8, 2010. Great news if you have a variable-rate mortgage or home equity line of credit; the prime rate stays at 3%.

 

The announcement noted that “the risks to the outlook for inflation remain roughly balanced, while the risks associated with household imbalances have not diminished.” With these considerations, the Bank is maintaining its monetary policy stimulus, and remains neutral with respect to the timing and direction of the next change.

 

The next rate-setting day is October 22nd.

Data last updated on August 11, 2026 at 09:30 PM (UTC).
Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved.
Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.