October 2021

How the Bank of Canada Measures Inflation

Posted on Oct 22, 2021

The Bank of Canada sets monetary policy by targeting inflation. First introduced in 1991, the inflation-control target is set jointly by the Bank of Canada and the Federal Government and reviewed every five years. In 2016, they agreed that the inflation target will continue to be the 2 per cent mid-point of the 1 to 3 per cent inflation-control ran...

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Understanding a Condominium Lien

Posted on Oct 14, 2021

A Condominium Lien is a legal interest or right that the Condo Corporation has against a unit of the condominium complex. It enables the Condo Corporation be paid from the proceeds of sale of the unit, to cover Common Expense debts and interest that may be owed and outstanding to the Corporation.

If the Condominium Corporation doesn’t effectively en...

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