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October 2009

Found 2 blog entries for October 2009.

Cochrane Bow Ridge Slippage Update

The Town of Cochrane has retained the services of Stantec Consulting  Ltd. to determine the cause of ongoing Bow Ridge wall movement affecting the community of Bow Ridge Phase III, more specifically, those portions of Bow Ridge Drive, Bow Ridge Link and Bow Ridge Close, directly adjacent to the hill .

The process was initiated in May 2009 and included a geotechnical investigation to determine the extent of the distress walls, assess the cause of the movements and determine potential remedial measures. If you are considering selling in the Bow Ridge area of Cochrane, we strongly recommend that you make full disclosure to anyone who expresses an interest in the affected properties. Buyer's would be urged to carry out

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On the back of Canadian job-loss and employment data released today, major Canadian banks are telegraphing mortgage rates are about to rise. The stronger than expected domestic job numbers saw Canadian bonds ending dramatically lower on Friday. Canada's unemployment rate fell in September for the first time since the economic downturn began, to 8.4% from 8.7% in August. At the same time the country created 30,600 jobs, significantly more than the expected 5,000.

Look for Canada's 5 major banks to raise fixed rate mortgages over the weekend or early Tuesday next week (Monday is the Canadian Thanksgiving holiday).

Tuesday October 13th Update

As forecast all major Canadian banks raised their fixed residential mortgage rates over the weekend or this

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