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Bank of Canada backs off housing bubble talk

Tuesday, January 19, 2010

The Bank of Canada backed away Monday from its recent warnings about a real estate bubble in Canada.
In a speech in Edmonton, bank official David Wolf ruled out increasing interest rates to discourage mortgage lending.
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"His commitment was beyond my expectations. I’ve known many realtors. None have come close to Paul’s expertise and real estate knowledge.
The level of personal commitment he gives you is extraordinary. Paul sees each home truly as an investment and is able to deconstruct the transaction to maximize every dollar you spend.
He’ll never recommend something that he wouldn’t take himself. His patient, calm approach and his thorough attention to detail put us at ease. Paul truly loves what he does and in my opinion there is no better realtor I’d have in my corner. He is certainly among the best."
~ Richard, Homeowner