Market Watch

Historic Hespeler Textile Building Site Project Gets Green Light

July 22, 2022 - via Barbara Latkowski [CambridgeToday.ca]

'I think redevelopment is essential, but I think it is just as essential to retain the history and culture of that site'

A plan of the new building redevelopment located at the historic Dominion Woollens/Silknit /Forbes textile building at 211-215 Queen St. W. in Hespeler. City of Cambridge A plan of the new building redevelopment located at the historic Dominion Woollens/Silknit /Forbes textile building at 211-215 Queen St. W. in Hespeler.

Cambridge city council has approved a development project at an historic site at 211-215 Queen St. W. in Hespeler.

The Blacks Point Development project will begin construction in two phases while preserving the historic Dominion Woollens/Silknit /Forbes textile building, a designated heritage property that fronts the Speed River.

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MARKET WATCH: BOC 1% Rate Increase

July 13th, 2022

The Bank of Canada increased the policy interest rate by 1%, an increase that exceeded expectations and the largest since 1998, as the bank attempts to control high inflation. 

The Bank of Canada has hiked its benchmark lending rate to 2.5 per cent from 1.5%. It's expected an increase of this size will turn up the pressure on Canada's cooling housing market.

The Bank is stating that inflation in Canada is higher and more persistent than expected and will likely remain around 8% for the next few months. The biggest drivers are the war in Ukraine, ongoing supply disruptions and excess demand in the Canadian economy. "With the economy clearly in excess demand, inflation high and broadening, and…

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students looking for community service hours

Hey, Students!

Looking for Community Service hours?

We want to hear from you.

As every student knows, in order to receive an Ontario Secondary School Diploma every graduate is required to have completed a minimum of 40 hours of community service. There are many ways in which a student can achieve this goal including helping with local food banks, community park clean-ups, and volunteering at retirement centers. This is a great opportunity for youth to gain a strong sense of community and even a bit of work-transferrable experience. In return, our community becomes a better place thanks to their efforts.

Dewar Realty is thrilled to be able to offer opportunities to help with projects and events in the community, while also helping…

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