The Bank of Canada left rates unchanged this morning which means prime remains at 2.25% and is expected to stay there until the end of 2010. Inflation is not expected to reach it’s 2% target until the 3rd quarter of 2011. Read the full article for more details.

After dropping a year ago, home prices in the Calgary market (along with most other major Canadian markets) is expected to recover well going into and through 2010 according to ReMax Report.

The last 12 months have been a challenge in the Canadian Mortgage Industry. In Alberta and across the country we have seen an interesting phenomenon occur made up of two components which are discussed in this article.

While the downturn in the economy may get some people nervous about spending their hard earned dollars on fixing up the home front, the Canadian government has made it a bit easier on families by providing tax relief with the new home renovation tax credit (HRTC).