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B C Budget 2021: Affordable housing, income assistance promised

Article content An injection of money intended to expand housing options for middle-income families, along with what’s claimed to be the largest increase to income and disability assistance rates, were among the key elements of B.C.’s latest budget aimed at easing continuing affordability issues faced by British Columbians. But there were no changes proposed that might address the strong demand for homes spurring a steady upward march of real estate prices around the province. We apologize, but this video has failed to load. Try refreshing your browser, or B.C. Budget 2021: Support for affordable housing and income assistance promised, but nothing to cool hot market Back to video

Bank of Canada backs tighter mortgage stress test amid hot housing market

Article content The Bank of Canada is throwing official support behind new rules from the country’s bank regulator to cool a red-hot housing market spurred by unique conditions borne out of the pandemic. If the past is any indication, the soaring demand for homes across the country coupled with limited supply could lead to speculative, extrapolative behaviour and cause economic strain, the central bank warned in its quarterly monetary policy report released Wednesday. We apologize, but this video has failed to load. Try refreshing your browser. Bank of Canada backs tighter mortgage stress test amid hot housing market Back to video

Börse Express - Bank of Montreal to Redeem $1,250,000,000 3 32% Series I Medium-Term Notes First Tranche (Non-Viability Contingent Capital (NVCC))

Bank of Montreal to Redeem $1,250,000,000 3.32% Series I Medium-Term Notes First Tranche (Non-Viability Contingent Capital (NVCC)) 20.04.2021 | 23:00 Quelle: OTS Wirtschaft Toronto (ots/PRNewswire) - Bank of Montreal (TSX: BMO)(NYSE: BMO) today announced that it intends to redeem all of its $1,250,000,000 3.32% Series I Medium-Term Notes First Tranche (Non-Viability Contingent Capital) due June 1, 2026 (the Notes ). The redemption will occur on June 1, 2021 (the Redemption Date ). The Notes are redeemable at par together with accrued and unpaid interest to, but excluding, the Redemption Date. Interest on the Notes will cease to accrue from and after the Redemption Date. The redemption has been approved by the Office of the Superintendent of Financial Institutions. Notice will be delivered to holders of the Notes in accordance with the terms outlined in the Notes prospectus.

Bank of Canada backs tighter mortgage stress test amid hot housing market

Bank of Canada backs tighter mortgage stress test amid hot housing market
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