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This is a behind the scenes look at our local Mortgage Market in GTA West and South West Ontario. We discuss real life experiences of clients, partners and experts. Listen to learn and be entertained.
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Tuesday Feb 13, 2024
Tuesday Feb 13, 2024
Part-Time Up, Full-Time Down: Canada's Labour Market Shuffle
Don’t be fooled… Pay attention to the details…The UNEMPLOYMENT Rate went down for the month of January, and Actual Employment numbers is UP… This may suggest Strong Economy and inflationary…
While job report might initially appear positive, a deeper analysis reveals underlying weaknesses. The Bank of Canada is likely to maintain its current course… Remember for our Real Estate and Mortgage Industries, even though their are increases in Part Time Employment, the FULL TIME Employment number decrease is the number that matters to most of the Homebuyers…
Raymond Daez
Mortgage Broker/Team Lead
416 705 3239
Mortgage Alliance Lic# 10530
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