Finance news

The Bank of Canada’s governing council thinks it might need to raise interest rates further, but it’s proceeding carefully, according to a summary of deliberations of its recent decision to raise its key policy rate for the first time since 2023.According to the report, the council acknowledged it faced considerable uncertainty and said it would take its monetary policy decisions one meeting at a time.The Bank of Canada raised its policy interest rate by a quarter of a percentage point to 2.

Buying a property from an estate can mean securing some value, though there are more hoops to jump through and more risks to weigh.For sellers, dealing with a property left in a will tends to be long-winded, frustrating and costly, so some prioritize selling as quickly as possible.When a homeowner dies in Ontario the sale of their property generally can’t close until the executor (known in Ontario as the “estate trustee”), the person named in the will to manage the estate, is granted proba