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March 2011...CAAMP Statistics
Bank of Canada Interest Rate
January 18, 2011 |
1.00 % |
March 1, 2011 |
1.00 % |
April 12, 2011 |
Next meeting date | Source: Bank of Canada
Bank Prime Lending Rate
January 19, 2011 |
3.00 % |
March 2, 2011 |
3.00 % |
April 13, 2011 |
Next meeting date | Source: Bank of Canada
Conventional Mortgage - 5 Year Rate*
January 19, 2011 |
5.19 % |
February 9, 2011 |
5.44 % |
February 23, 2011 |
5.44 % | Source: Bank of Canada *Determinant for high ratio mortgage variable qualifying rate
US Federal Reserve Board Discount Rate
December 14, 2010 |
0.00 % - 0.25 % |
January 26, 2011 |
0.00 % - 0.25 % |
March 15, 2011 |
Next Meeting date | Source: US Federal Reserve
Exchange Rate $CDN($US)
January 31, 2011 |
0.9985 $CDN ($US) |
February 11, 2011 |
1.0134 $CDN ($US) |
March 1, 2011 |
1.0257 $CDN ($US) | Source: Bank of Canada
Government of Canada Bonds
Bond Type |
January 26, 2011 |
February 9, 2011 |
February 23, 2011 |
1 year Treasury Bill |
1.33% |
1.36% |
1.36% |
3 year Benchmark Bond Yield |
1.91% |
2.06% |
2.15% |
5 year Benchmark Bond Yield |
2.56% |
2.74% |
2.61% |
10 year Benchmark Bond Yield |
3.31% |
3.95% |
3.32% | Source: Bank of Canada
Total New Housing Starts (Seasonally adjusted and annualized)
Province |
November 2010 |
November 2009 |
December 2010 |
December 2009 |
January 2011 |
January 2010 |
Newfoundland/Labrador |
3,100 |
3,200 |
3,200 |
4,200 |
3,800 |
3,600 |
PEI |
1,000 |
1,000 |
1,100 |
1,300 |
800 |
600 |
Nova Scotia |
3,600 |
2,800 |
2,800 |
2,900 |
4,600 |
2,800 |
New Brunswick |
3,600 |
3,900 |
3,100 |
3,600 |
3,500 |
5,200 |
Quebec |
44,100 |
40,400 |
47,900 |
51,600 |
48,800 |
55,100 |
Ontario |
83,300 |
53,000 |
46,400 |
56,300 |
51,400 |
55,500 |
Manitoba |
5,500 |
4,200 |
6,500 |
3,400 |
3,900 |
5,100 |
Saskatchewan |
9,400 |
6,100 |
7,500 |
4,500 |
6,100 |
6,400 |
Alberta |
21,500 |
24,800 |
20,500 |
27,800 |
19,300 |
23,500 |
British Columbia |
20,800 |
19,200 |
30,000 |
22,200 |
28,200 |
27,600 |
CANADA |
195,900 |
158,500 |
169,000 |
177,800 |
170,800 |
185,400 | Source: CMHC Housing Now - February 2011 and February 2010. This seasonally adjusted data goes through stages of revision at different times of the the year. Average MLS® Resale Price for Local Markets
City |
January 2010 |
January 2011 |
Halifax |
$241,968 |
$252,141 |
Saint John |
$168,439 |
$171,788 |
Quebec |
$224,088 |
$240,646 |
Montreal |
$284,384 |
$294,436 |
Ottawa |
$323,762 |
$329,640 |
Toronto |
$409,058 |
$427,159 |
Hamilton/Burlington |
$288,397 |
$325,732 |
Winnipeg |
$213,134 |
$229,716 |
Saskatoon |
$270,191 |
$300,353 |
Regina |
$240,276 |
$260,133 |
Calgary |
$382,009 |
$394,455 |
Edmonton |
$314,783 |
$315,483 |
Vancouver |
$637,637 |
$762,562 |
Victoria |
$509,514 |
$486,384 | Source: Canadian Real Estate Association
Household Financial Vulnerability
 Source: TD Economics, February 2011 The index is not a predictor, but is aimed at capturing which regions are more vulnerable in the event of an unexpected adverse economic shock, such as a rise in the unemployment rate or a spike in interest rates.
Snapshot of Canadian Household Debt Indicators by Region level as of 2010-to-date*
|
Debt-to- Income Ratio (%) |
Debt Service Ratio (%) |
% of households with a debt-service ratio above 40% |
Debt-to- Asset Ratio (%) |
Home Price to Income Ratio |
Personal Savings Rate (%) Est. |
Can |
127.0 |
18.6 |
6.5 |
28.7 |
5.9 |
3.9 |
Atl. |
96.7 |
17.3 |
6.3 |
29.8 |
3.7 |
0.7 |
QC |
99.5 |
16.9 |
5.6 |
29.3 |
5.2 |
4.2 |
ON |
135.2 |
18.9 |
6.9 |
28.6 |
5.3 |
2.9 |
MB |
100.1 |
14.3 |
1.9 |
25.5 |
4.1 |
3.1 |
SK |
116.8 |
18.1 |
8.8 |
25.7 |
4.4 |
4.1 |
AB |
143.2 |
19.2 |
8.4 |
30.2 |
4.8 |
15.0 |
B.C |
160.5 |
22.0 |
5.9 |
27.2 |
8.8 |
-4.2 | Source: Ipsos Reid Canadian Financial Monitor, Statistics Canada, Haver Analytics TD Economics, February 2011 Note: Note micro-data data differs from national aggregates due to methodological differences *Includes first three-quarters of 2010, for households who hold debt
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