Stay up to date with where interest rates are going!
  
Fixed-rate mortgages are based on the 5-year bond rate plus a spread.
If you want to be on the pulse of where fixed rates are going, follow this:
https://on.mktw.net/3uTCPMq
Variable rates are still low and you can get access to a significant discount off prime. The next Bank of Canada interest rate announcement is Wednesday April 13th. This will only affect those of us with Variable rate mortgages, HELOCs, and other Line of Credit products.
Canada increases target to 432,000 immigrants in 2022
Canada is increasing its immigration targets and will look to welcome almost 432,000 new immigrants in 2022 instead of its initial plan of 411,000 newcomers.
Over the coming three years, Canada will target the following number of new immigrant landings: (see image for immigration class breakdown)
2022: 431,645 permanent residents
2023: 447,055 permanent residents
2024: 451,000 permanent residents
Canada's focus is on attracting skilled workers to tackle the labour shortage. With America's borders relatively shut to newcomers, Canada is reaping the rewards of the very best immigrants who will continue to call Canada home.
It's possible that we will see more than the targeted number of immigrants this year, as Canada has opened it's doors to Ukrainian refugees who are being displaced by the conflict.
Now all we need to do is find somewhere for all of them to live.
https://bit.ly/37iEDpR
Wild, Wonky, Wiebe Words
Correctly decipher this month's riddle and win bragging rights among your family and friends!
Contest expires April 30, 2022. Phone 778-808-9911 with your answer.
Last month's riddle was "Let a spray forth a ewe crane Ian peep hill."
And the correct answer was "Let us pray for the Ukrainian people."
Tip: Have someone read the clue to you while your eyes are closed.
This month's Riddle: My tit beat I'm 4 Anne Nan yule morgue age Reeve ewe?
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