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September 2000 National Archive

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Mortgage News & Press Releases - September 2000

  • Dera's Metropole Hotel Opens Sixty Affordable-Housing Apartment Units
    VANCOUVER, British Columbia, September 13, 2000 — The Honourable Hedy Fry, Secretary of State (Multiculturalism) (Status of Women), officially opened the fully renovated Metropole Hotel on behalf of the Honourable Alfonso Gagliano, Minister responsible for the Canada Mortgage and Housing Corporation (CMHC). Dr. Fry was joined by Vancouver Mayor, Philip Owen, Downtown Eastside Residents …
  • Bank of Canada to adopt fixed dates for announcing Bank Rate changes
    OTTAWA, Ontario, September 19, 2000 — The Bank of Canada today outlined details of its plan to adopt a system of eight "fixed" or pre-specified dates each year for announcing any changes to the official interest rate it uses to implement monetary policy—the rate of interest it charges on short-term loans to financial institutions. The new system will replace the current approach to …

 
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Hotel/Motel Financing
What better way to retire and still generate income than the purchase of a hotel or motel in Canada? Whether buying a franchise from a national hotel/motel chain or starting up your own independent boutique-style inn, CanEquity has the hotel/motel mortgage that will best suit your venture.

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