Mortgage Rate Canada | Mortgage Lending Alberta

Economic Update

Economic conditions have an impact on the mortgage rates that Canadian lenders offer borrowers. Below is a sampling of recent news on the economy of interest to Canadian home buyers and borrowers.

Financial Post Top Stories

Thu, 02 Sep 2010 18:02:14 Z
AIMCo approached by China to join Potash bid
Alberta Investment Management Corp. said it has been approached by sovereign wealth funds to participate in a potential takeover of Potash Corp. of Saskatchewan

Thu, 02 Sep 2010 18:39:19 Z
Little-noticed deal with Imperial Oil helped pave way for UTS-Total union: circular
UTS Energy Corp. has revealed how a deal investors barely noticed in November 2009 was part of a grand scheme to extract more cash from potential suitors

Thu, 02 Sep 2010 16:08:50 Z
Dell bows out of 3PAR race
Hewlett-Packard Co. wins the bidding war to buy the data storage company for US$2.4-billion

Thu, 02 Sep 2010 16:02:46 Z
Miners strike bonus gold
Canada's mining CEOs' bonus payments soared to a whopping 88% of base pay in 2010, compared with 61% in 2009 as metal prices rebounded

Thu, 02 Sep 2010 16:07:35 Z
Another explosion on Gulf of Mexico oil rig
A platform owned by Mariner Energy Inc. was struck by an explosion

The Globe and Mail - National Page News

Thu, 2 Sep 2010 13:41 -0400
First Nations threaten violence over B.C. open pit mine
Prosperity Mine project will turn Fish Lake into a toxic tailings pond

Thu, 2 Sep 2010 11:50 -0400
Toronto teacher charged with sexual exploitation involving student
Peter Floro has been a teacher at Agincourt collegiate Institute for four years; police believe there may be more victims

Thu, 2 Sep 2010 9:54 -0400
Astronaut Chris Hadfield to be space station’s first Canadian commander
Veteran astronaut to blast off in December 2012 for six-month visit to International Space Station

Thu, 2 Sep 2010 5:00 -0400
The end of Canadian real estate insanity
It was inevitable that the boom would end, and maybe that’s not all bad

Thu, 2 Sep 2010 5:00 -0400
Where is Ignatieff’s plan to restore our democracy?
A Bring Back Democracy platform should start with reducing the powers of the PM to something a tad less than Mussolini’s

The Globe and Mail - World News

Thu, 2 Sep 2010 13:54 -0400
IMF to provide Pakistan $450 million in emergency aid
Floodwaters in Pakistan have destroyed more than 1 million homes over the past month

Thu, 2 Sep 2010 13:21 -0400
Masked Russian police raid opposition magazine
Authorities demand materials related to alleged abuse of authority by riot police

Thu, 2 Sep 2010 13:09 -0400
Afghan insurgents' opium earnings cut in half, says U.S. general
Poppy eradication efforts have significantly disrupted the opium trade, and insurgents are feeling the pinch

Thu, 2 Sep 2010 11:39 -0400
Mile-long oil sheen spreading from Gulf oil platform blast: U.S. Coast Guard
All workers accounted for after oil rig explodes in the Gulf of Mexico

Thu, 2 Sep 2010 11:15 -0400
Israel, Palestinians launch direct peace talks
Abbas, Netanyahu agree to meet for second round of talks in Middle East in September; Hamas promises more West Bank attacks

The Globe and Mail - Report on Business News

Thu, 2 Sep 2010 13:41 -0400
First Nations threaten violence over B.C. open pit mine
Prosperity Mine project will turn Fish Lake into a toxic tailings pond

Thu, 2 Sep 2010 11:55 -0400
Watch Intel
The chip giant has become much more than a barometer for the tech sector

Thu, 2 Sep 2010 11:39 -0400
Mile-long oil sheen spreading from Gulf oil platform blast: U.S. Coast Guard
All workers accounted for after oil rig explodes in the Gulf of Mexico

Thu, 2 Sep 2010 11:08 -0400
UN says RIM should share data
Tech chief says governments have legitimate security concerns that should not be ignored