Skip to content
Home ยป Inflation

Inflation

Interest Rate Path Walking a Tightrope

Interest Rates Walking a Tightrope

Interest Rate Path: The recent decision by the Bank of Canada to maintain its key policy rate at five percent has broader implications, influencing the choices Condominiums make regarding their GIC (Guaranteed Investment Certificate) investments. Condo Reserve Funds are a critical component of financial planning, relying on Unitholder Contributions and… Read More »Interest Rates Walking a Tightrope

Construction Price Surge

Skyrocketing Construction Material Costs & Interest Rates – Lambda Has Your Back

Skyrocketing construction material costs, like concrete, doors, windows, and asphalt, have spiked by an average of 32.10% between 2020 and 2023. Coupled with 2023’s inflation pressures, Condo Board Members and Property Managers must consider these factors when planning Reserve Fund Expenditures. Neglecting inflation can lead to budget shortfalls. Lambda Financial… Read More »Skyrocketing Construction Material Costs & Interest Rates – Lambda Has Your Back