Bank of Canada raises interest rate again — but the pace of hikes may be slowing

Central bank has increased its rate 6 times this year to try to rein in inflation.

CBC News · Posted: Oct 26, 2022 10:02 AM ET | Last Updated: October 26

Please read the full article below:

https://www.cbc.ca/news/business/bank-of-canada-interest-rate-decision-1.6629901?fbclid=IwAR1Y-TAMc_aCaylczZfyuxUfAa5dj7PdLf31tijHhA4B0GM3HvlnxgHZZEs

The Bank of Canada, whose headquarters are shown here, has raised its benchmark interest rate six times this year in an attempt to drag down decades-high inflation. (Sean Kilpatrick/The Canadian Press)

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I have sold a property at 16 Silverado Skies LANE SW in Calgary. See details here

**Check out the virtual tour** You are going to LOVE this home. Located on a quiet family-friendly street, your upgraded new home is spacious at 2,434 sq.ft (main & upper level) and has a fantastic floor plan -- pristine condition, with all the upgrades your family could want... and more! Brand new roof (2022) with impact-resistant shingles, siding and garage door (2022), heated flooring in the primary en suite. The main level gleams with a home office, nine-foot ceilings, hardwood floors, wrought-iron staircase, a 3-way fireplace and built-in speakers plus oversized & insulated double garage (21x21). The natural light beams in through the big windows on both levels. Chief’s kitchen with granite, breakfast bar, upgraded SS appliances and an abundance of cupboards, drawers, and counter space. Beautiful butler's pantry to help you ENJOY cooking or entertaining! The office is perfect for work from home with French doors and a big window. Upstairs features a vaulted king-sized Primary Suite, again with lots of windows, walk-in closet MASSIVE primary en suite with DUAL vanities, upgraded fixtures, deep SOAKER TUB, double shower and separate toilet. Additional two bedrooms are large and share a 5pc main bath. Spectacular BONUS ROOM with vaulted ceilings and media access room. Unfinished basement awaits your personal touch with three big windows. The backyard offers a pleasant deck and a patio with lots of room to play. Double attached garage and no sidewalk! A few doors down the street is a large playground and greenspace! Walking distance to parks, new schools, walking paths and a retail plaza with groceries, banks and coffee shops. Just minutes to the Somerset C-train station and quick access to the Stoney Trail ring road. You don’t want to miss out on owning this amazing home! Call to book your private showing today!

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Please visit our Open House at 16 Silverado Skies LANE SW in Calgary. See details here

Open House on Saturday, October 8, 2022 1:00PM - 4:00PM

Open House: 1-4 pm, Sat, Oct 8. **Check out the virtual tour** You are going to LOVE this home. Located on a quiet family-friendly street, your upgraded new home is spacious at 2,434 sq.ft (main & upper level) and has a fantastic floor plan -- pristine condition, with all the upgrades your family could want... and more! Brand new roof (2022) with impact-resistant shingles, siding and garage door (2022), heated flooring in the primary en suite. The main level gleams with a home office, nine-foot ceilings, hardwood floors, wrought-iron staircase, a 3-way fireplace and built-in speakers plus oversized & insulated double garage (21x21). The natural light beams in through the big windows on both levels. Chief’s kitchen with granite, breakfast bar, upgraded SS appliances and an abundance of cupboards, drawers, and counter space. Beautiful butler's pantry to help you ENJOY cooking or entertaining! The office is perfect for work from home with French doors and a big window. Upstairs features a vaulted king-sized Primary Suite, again with lots of windows, walk-in closet MASSIVE primary en suite with DUAL vanities, upgraded fixtures, deep SOAKER TUB, double shower and separate toilet. Additional two bedrooms are large and share a 5pc main bath. Spectacular BONUS ROOM with vaulted ceilings and media access room. Unfinished basement awaits your personal touch with three big windows. The backyard offers a pleasant deck and a patio with lots of room to play. Double attached garage and no sidewalk! A few doors down the street is a large playground and greenspace! Walking distance to parks, new schools, walking paths and a retail plaza with groceries, banks and coffee shops. Just minutes to the Somerset C-train station and quick access to the Stoney Trail ring road. You don’t want to miss out on owning this amazing home! Call to book your private showing today!

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I have sold a property at 253 Anderson GROVE SW in Calgary. See details here

WOW! WHAT A VIEW! GET USE TO HEARING THIS WHENEVER YOU ENTER THIS DELIGHTFULLY BRIGHT AND CHARMING SOUTH END UNIT TOWNHOME. THE CONDO HAS BEEN RENOVATED WITH NEW FLAMINATE, BASEBOARDS, PAINT, AND ALL NEW LIGHT FIXTURES. THIS UNIT SHOWS GREAT AND IS READY TO MOVE ON IN!! FROM THE STRATEGICALLY LOCATED WINDOWS IN THE LIVING ROOM, DINING ROOM, HALLWAY AND MASTER BEDROOM THE VIEWS OF THE ROCKY MOUNTAINS ARE BREATHTAKING & ARE JUST THE BEGINNING OF THE ABUNDANCE OF EXTRAS. RELAX IN THE OPEN LIVING ROOM AND ENJOY THE FIREPLACE TO TAKE THE CHILL OFF THE COOL WINTER NIGHTS OR BBQ & ENTERTAIN ON THE SUNNY WEST FACING DECK DURING THE HOT DAYS OF SUMMER. THE BRIGHT KITCHEN IS A PLEASURE TO CRAFT YOUR SKILLS AS A BUDDING CHEF & YOU CAN TAKE ANOTHER LOOK AT THE MOUNTAINS AS YOU ENJOY MEALS WITH FAMILY OR FRIENDS IN THE DINING ROOM. THE UPPER BEDROOMS ARE SPACIOUS & BOAST FULL ENSUITES & THE WASHER/DRYER IS STEPS FROM BOTH BEDROOMS, SO SAY GOODBYE TO DRAGGING LAUNDRY ALL OVER THE HOUSE. WITH MORE FEATURES THAN SPACE TO DESCRIBE THEM YOU NEED TO COME VIEW THIS HOME FOR YOURSELF. CALL US TODAY FOR YOUR VIEWING.

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