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Monthly Archives: July 2012
Summer construction update
The municipality gave us our Summer construction update. Construction in various areas of the city will continue well into September.
Posted in Fort McMurray News
Tagged construction, highway, highway 63, highway 881, infrastructure, Roads, summer, traffic, update
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XCEEDs Super Prime Mortgage of 2.84% for Clients With Premium Credit
“Good” credit and “excellent” credit generally get you about the same mortgage rate, until now.
Posted in Canada News
Tagged credit, credit score, Mortgage, mortgage broker, mortgage term, rates, super prime, XCEEDs
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RRRibbit, Recycling, and Me in the RMWB
Recycling in the RMWB: RRRibbit, Recycling, and Me in the RMWB. The RMWB announces recycling initiatives with the arrival of our new black and blue bins.
Posted in Fort McMurray News
Tagged recyc, recycle, RMWB, rrribbit, The Regional Municipality Of Wood Buffalo
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Bank of Canada keeps interest rates on hold
Bank of Canada keeps interest rates on hold. The Bank of Canada kept its overnight rate target at 1 per cent on July 17th, 2012. Borrowing costs have been unchanged at this level since September 2010.
New Mortgage Rules Provide Opportunity for Credit Unions
Now that the new mortgage rules from the OSFI have taken effect, there are Opportunities for Some Credit Unions.
Posted in Canada News
Tagged amortization, bank of canada, finances, interest rate, Mortgage, refinance, rules
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Electricity usage soars with heat wave
The Alberta Electric System Operator is asking us all to be as energy-conscious as possible. The province set an all-time record for energy use on Monday as we collectively cranked our AC units. Electricity usage soars with heat wave.
Mortgage Rules Changed
Taking effect July 9, 2012, we Canadians will experience the 4th round of amortization rules in as many years.
Eight years for Highway 63 twinning
Fort McMurray-Wood Buffalo MLA Mike Allen prepared his report to Minister of Transportation Ric McIver. The report outlines the $550M budget and eight years to twin Highway 63.
Posted in Alberta News, Fort McMurray News
Tagged highway 63, highway 881, infrastructure, Roads
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Five red flags over joint ventures
With the new mortgage rules taking effect in a week, Joint Ventures may begin to increase in popularity. JVs are business agreements where parties agree to develop a new entity and new assets by contributing equity. They exercise control over … Continue reading
Posted in Miscellaneous Articles
Tagged investments, investors, joint ventures, warning
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