Recent Blog Posts by Patrick Galesloot

More drops in the Interest rates, benefits who??

Today the Bank of Canada announced yet another decrease in interest rates. A significant cut from 3.5% to 3.0%. The last time the Bank of Canada dropped rates by 1% in the same short time frame (6 weeks) was back in 2001. The Bank of Canada indicates that they are doing so in response to economic indicators primarily from the US economy. From the Bank of Canada Press Release: "The Bank is now projecting ...

Leaving a Legacy with Real Estate.

My grand father recently passed away at the age of 101.  Yes 101!  He would boast he was actually in his 102nd year.  Doing the math you would determine that he was born in 1906.  I don’t just marvel at the longevity of his life, but the times he experienced and the legacy he left behind.  Then I started to wonder … “What legacy will I leave?”.  I am a father of three ...