Bank of Canada maintains overnight rate target at 1 per cent

Ottawa -
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.
Uncertainty around the global economic outlook has increased in the weeks since the Bank released its October Monetary Policy Report (MPR). Conditions in global financial markets have deteriorated as the sovereign debt crisis in Europe has deepened. Additional measures will be required to contain the European crisis. The recession in Europe is now expected to be more pronounced than the Bank had anticipated in October, as a result of increased deleveraging and tighter financial conditions, as well as necessary fiscal austerity and structural reforms.
Recent economic data suggest that growth in the United States has been slightly more robust than anticipated, largely as a result of continued vigour in consumer spending and business investment. Nonetheless, household deleveraging, fiscal consolidation and negative spillover effects from the European crisis are all expected to weigh on U.S. growth. Growth in China and other emerging-market economies continues to be strong, although there are signs that it is moderating to a more sustainable pace in response to weaker external demand and the lagged effects of past policy tightening.

For More Information Select Link Below:

http://www.bankofcanada.ca/2011/12/press-releases/fad-press-release-2011-12-06/

CANADIAN HOME PRICES FLAT IN SEPTEMBER - MONTHLY REPORT ATTACHED

Canadian home prices in September were flat from the previous month, according to the Teranet-National Bank National Composite House Price Index™. The plateau followed nine consecutive monthly increases. Prices were also flat in two of the 11 metropolitan markets surveyed, Ottawa-Gatineau (ending a run of seven straight monthly gains) and Vancouver (ending a run of 11 straight gains - the longest among the 11 markets).

TO READ MORE SELECT LINK BELOW:
http://www.housepriceindex.ca/admin.aspx?mode=voirHTML&nonews=186&qui=3791&langue=EN

Smartphone pictures pose privacy risks

PLEASE PASS THIS INFO TO ANYONE YOU KNOW WHO TAKES PICTURES WITH THEIR CELL OR SMART PHONE AND POSTS THEM ON LINE.

I want everyone of you to watch this and then be sure to share with all your family and friends. Its REALLY important info, about what your posting things on your cell phones can do TO YOU!!! So much technology out there these days so beware............. PLEASE TAKE THE TIME TO WATCH THIS VIDEO, AND TAKE THE RECOMMENDED PRECAUTIONS. To watch video click on the following link:

http://www.youtube.com/watch?v=N2vARzvWxwY

In real estate there is no "right answer" on how to be successful. BUT, we have found that some agents are "more right" than others.

In real estate there is no "right answer" on how to be successful. BUT, we have found that some agents are "more right" than others.


ActiveRain conducted a survey(1) of 1,758 real estate professionals to find out what separates the top real estate professionals (those earning over $100,000 a year, we'll call them 'Rich Real Estate Agents') from the struggling real estate professionals (those earning under $35,000 a year, we'll call them 'Poor Real Estate Agents'). 379, or 22% of respondents were Rich Real Estate Agents, while 363 or 21% of respondents were Poor Real Estate Agents

To discover what was learned click here:
http://activerain.com/blogsview/2594884/rich-real-estate-agent-poor-real-estate-agent

RE/MAX and You on November 2nd, 2011

I know, I know, I know! You are just tired of hearing of how many opportunities RE/MAX has for you to attend and learn. Sometimes the amount of information out there is just overwhelming. The overwhelming number of emails, the calls from Vendors selling the biggest and best new thingy that will set you and your business apart, etc. etc. etc..

I want to challenge you to attend RE/MAX and You on November 22^nd, 2011

I use RE/MAX and You as a day to reflect on what is coming and what is important for me. Where else can you get a trusted source of information on what is new and what is smart. Trust that is what it is all about. Not some competitor just wanting you to move to them. Not a salesperson just wanting you to buy their wares or services. A trusted source of knowledge to build your business foundation on.

The knowledge to impart to you a strong business direction, the Brand strength to implement the strategy for success and the confidence to win the day.

If you have not yet registered for RE/MAX and You, do so today. Take the day to reflect, engage, network and prepare for 2012.

I look forward to seeing you at RE/MAX and You!

https://www.cvent.com/events/re-max-you/registration-073731d66741417aab1f2c7e5a7f5a7b.aspx

Darryl Mitchell

RE/MAX Professionals Incorporated Brokerage

RE/MAX Professionals Welcomes Nick Goomber

 

Nick Goomber comes to Remax Professionals from an engineering background. Having attended the University of Toronto for Mechanical Engineering gave him an in-depth understanding of Project Management, structural design and intensive research and marketing methods. At a young age he involved himself with his family’s businesses and taking on the role of General Manager after graduation dealt with construction, leasing, marketing and advertising, new product development and budgeting. Nick is involved in sports and charities, and was given the honour to be part of the prestigious 2010Vancouver Winter Olympic Games where he was chosen to  run the Olympic Torch for part of the journey across Canada. 

Nick can be reach at 647-865-6455 or ngoomber@trebnet.com

Make remembrance more than something you feel. Make it something you do.

"We live in a wonderful Country, full of opportunities and freedoms we should never take for granted. We owe to those who have served, and are serving today to learn, understand, and appreciate the task they have undertaken. Through their courage, and sacrifice they have given us an opportunity to to be free. THANK YOU."
Christine & Darryl Mitchell

Each year, from November 5 to 11, Canadians join together to celebrate Veterans’ Week - this year is no different.
During this week, hundreds of commemorative ceremonies and events will take place across the country to recognize the achievements of our Veterans and honour those who made the ultimate sacrifice.
This Veterans’ Week, take the remembrance challenge. There are many ways to show that you remember and honour our Veterans:

• Pin a poppy above your heart.
• Attend the local Remembrance Day ceremony.
• Talk to a friend or relative who has just returned home from Afghanistan or who served in other areas of conflict.
• Listen to Veterans talk about their experiences.
• Create a mashup and share it on the YouTube Channel
• Visit the Veterans Affairs Canada Facebook fan page, write on our wall and share how you remember.
• Follow Veterans Affairs Canada on Twitter and tweet about how you remember
• Change your Facebook profile picture to a poppy.
• Blog, tweet or update your Facebook status about the importance of remembrance.

For more on this article please follow this link:

http://www.veterans.gc.ca/eng/remembrance/veterans-week