Inflation is on the rise in Canada. In May 2021, according to Statistics Canada, the rate of inflation hit 3.6% which is the highest level in a decade.

On the one hand, that means the cost of living is going up – housing, gas, food, consumer goods and all the other necessities of life will cost more relative to income.

But for investors, there is another layer of concerns to fear.

High inflation, if it continues, could require the Bank of Canada to act decisively to contain it. The Bank of Canada Governor recently requested more authority from the Prime Minister to run the economy hot.

The Governor may focus on labor-market metrics or putting more emphasis on the Bank of Canada’s allowable range for inflation beyond the 2% target. That could give him some more flexibility to address under-performance in the economy at a time when other central banks are doing the same.

The options that the Bank of Canada could be considering include: maintaining the status quo – keeping prices stable and keeping inflation within a range of 1% to 3% as much as possible – or adding explicit labour-market metrics or language into the mandate to shift the focus to a full labour-market recovery.

Any changes along those lines could mean the end of the low interest rates that have supported the purchase and investment in stocks, bonds and property.

The future of inflation is currently unclear. Most experts continue to say there is nothing to worry about and point to the fact that central banks have consistently over-forecast inflation and under-shot their inflation targets over the past decade. Jumps in inflation are usually transitory.

But, on the other hand, the rising rate of inflation is without doubt something for investors to keep an eye on as it will have reverberating impacts on borrowing rates and investing options.


New property listed in Zone 03, Edmonton
I have listed a new property at 110 1080 McConachie BLVD in Edmonton.
Perfect starter or investment property in McConachie!!! Beautifully upgraded 2 Bedroom plus Den, 2 Bathroom Main Floor unit with a sunny south facing patio. Fantastic floor plan with both bedrooms on opposite sides of the unit along with each full bath. The beautiful espresso coloured MAPLE CABINETS feature soft close hinges, polished nickel hardware, GRANITE COUNTERTOPS and eating bar. Large Living Room with direct access to the large covered patio. Primary bedroom has a large walk thru closet and spacious 4 piece Primary Bath. In Suite Laundry. 2 TITLED PARKING STALLS. One in the secured heated underground parkade with private storage in front of the space and one energized stall above ground. This unit is the perfect starter property or investment. Incredible location close to parks, schools, shopping, public transportation and so much more!!

New property listed in Zone 18, Edmonton
I have listed a new property at 104 8528 82 AVE in Edmonton.
Welcome to BELCANTO MANOR, where you will find 45+ living at its finest. Amazing location in the heart of Bonnie Doon. 2 Bedroom and 2 Bathroom, Main Floor Condo. Spacious Kitchen, Dining Room and Living Room. Living Room boasts a corner GAS FIREPLACE with access to a large patio. Patio has a natural GAS hook up and electrical outlet. Access your unit directly via the patio without going thru the buildings main entrance. Primary bedroom with ensuite bathroom, large shower and walk thru closet. Unit features AIR CONDITIONING, In Suite LAUNDRY, assigned secured UNDERGROUND parking stall with STORAGE. Building amenities include, ROOFTOP GARDEN PATIO, Social Room great for large gatherings, Car Wash, Guest Suite, Video Surveillance and Visitor Parking. A short distance to MILLCREEK RAVINE, with beautiful walking trails. Close to Shopping, Bonnie Doon Shopping Centre, Restaurants, Parks and Public Transportation. Everything right at your doorstep!!!

If there’s one good thing the pandemic has left us with is a newfound appreciation of outdoor spaces – a must, in the time of social distancing – and that is shifting residential trends. Canadians don’t just want to hang out in parks and other public places, although those have skyrocketed in popularity since COVID-19. They want privacy, but outside.

A place to cook, eat, exercise and hang out. And with travel down because of the pandemic, people are spending more time in their homes which fuels their desire the make it a pleasant pace to be.

A recent study by Fixer interviewed 48 top experts in the home construction industry. Eighty-five percent of them said that homeowners are more willing to invest in outdoor living spaces than before the pandemic.

Personal, private outdoor spaces like yards and patios are IN right now. Here are some of the hottest trends for outdoor living spaces.

Outdoor kitchens are the most desired addition to outdoor living spaces in 2021. COVID-19 brought a renewed interest to both cooking and outdoor spaces, which is why purchases like barbeques have shot up. For those chefs really invested in a backyard kitchen, the options are endless from islands to countertops to topnotch grill set-ups.

Fire pits follow in close second for the most popular trends of 2021. They make a great focal point of a gathering, bringing warmth and light on those slightly chillier nights, and create a cozy atmosphere. Options range from gas or propone fueled, electric, or wood burning.

Covered patios are the third most popular choice this summer, according to the experts interviewed. That’s because it’s versatile, protecting the inhabitants from both the harsh sun and rainy, damp days.

In terms of design, having both a patio and a porch is the most popular set-up right now. Almost half of the experts interviewed listed this as the perfect combination compared to other options like a patio and a deck, or just a deck, or just a patio. That’s because with a patio and a porch, you get both curb appeal and privacy.

And, finally, three quarters of those surveyed said that the best way to connect indoor and outdoor spaces is with a sliding or folding door. It gives the illusion of more space from inside your home and creates a seamless experience between the two locations.


New property listed in Zone 56, Edmonton
I have listed a new property at 210 111 AMBLESIDE DR in Edmonton.
Welcome to The INFUSION in Ambleside. Well maintained CORNER UNIT with over 1000 square feet of living space and an OPEN FLOOR PLAN. 2 BEDROOM plus DEN and 2 BATHROOMS. Kitchen has STAINLESS STEEL Appliances, QUARTZ countertops, large island with eating bar, Dining room and living room feature large windows. The Den is a bonus which is great for working from home, crafting or additional storage. Primary bedroom with a Full Bathroom and Walk In Closet. Huge Private covered PATIO is perfect for enjoying your morning coffee or grilling in the evening. Other features of this property: 9' Ceilings, Hardwood Flooring, in suite Laundry, TITLED Underground parking stall with storage, above ground leased parking stall, no neighbours above you. Amazing location with quick access to Anthony Henday and other major roadways. Close to shops, restaurants, schools, public transportation, parks, golf, recreation facilities. Enjoy everything Windermere has to offer right within walking distance!!

New property listed in Zone 06, Edmonton
I have listed a new property at 12102 63 ST in Edmonton.
Welcome to MONTROSE! A perfect STARTER HOME, INVESTMENT or REDEVELOPMENT OPPORTUNITY. Zoned for RF3. A BEAUTIFUL Stucco Raised BUNGALOW situated on a massive CORNER LOT. Well maintained, freshly painted, newer 100 AMP Service, upgraded windows, main sewer line has been replaced, upgraded attic insulation to R40, Steel chimney stack has been installed, recent concrete sidewalk in the backyard. The main floor features, a spacious living room overlooking the tree lined street, 2 good sized bedrooms and a full bathroom. The Basement has a second living room, second kitchen, 2 bedrooms and a full bathroom. Outside you will find a private fenced backyard with a large concrete patio and a large grassed area. An OVERSIZED detached single car GARAGE which is insulated and paneled plus additional parking for your cars or RV. Amazing location! Close to shopping, schools, parks, walk trails and public transportation.
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