Another Successful Hockey Tournament With This Kid!!
  
Had an awesome time with my two younger kids in Edmonton a couple of weeks ago for my youngest son's hockey tournament! They didn't come out Champs, but we had an awesome time! My oldest son and my wife were back at home for my oldest son's tournament. Life of sports parents and wouldn't have it any other way!!!
Prime Up 0.5%, What to Expect Moving Forward?
November's Bank of Canada rate increase of 0.5% was no surprise and we expect another increase this week on December 7th resulting in another jump. Although this is creating some short term pain for many homeowners, the expectation is that, as inflation decreases, rates will follow suit. In fact, we expect to see rates to start to soften by 2024. There is a lot of talk of a recession on the horizon and this would also be a catalyst for rate decreases.
Obviously, there are still several challenges with the economy, including ongoing supply chain issues, labour shortages, increasing rent costs, housing shortages, and now increasing interest rates. The light at the end of the tunnel is that, because the Bank of Canada is being so aggressive with their rate increases now, it will prevent a massive spike in rates as was seen in the 1980's. By taking on the short term pain of higher rates now, inflation is being "nipped in the bud", if you will.
EFFECTIVE MEASURES TO WINTERIZE YOUR HOME
Preparing your home is always a necessity, most homes require great attention for maintaining them, and this is more evident on a seasonal basis! We can’t ignore this attention especially for the areas which experience heavy winters, it is a responsibility for any wise homeowner to pay keen attention to the necessities of the property, to ensure that the property is fully prepared for extreme winters, such as heavy snow. It is of utmost importance to prepare your checklist, to prepare, before the winter arrives. With this article, it is possibly convenient for house owners to examine, review and discuss the preparation checklist for chilling winters. Effective measures to winterize your home are- Click here for the full article.
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