Lorraine Brett Macdonald Realty LTD
5C, 2662 Austin Avenue Coquitlam, BC, Canada

Have you made a restaurant reservation recently? Our economy, sector by sector, has been impacted by COVID-19 to different and varying degrees. While real estate sales were up in 2020 restaurant reservations cratered. By end of year Vancouver restaurant reservation numbers outperformed those of other major Canadian cities. A closer look at these numbers however (see graph) reveal that Vancouver restaurants are still well below the pre-COVID baseline valuation. Book your reservation today or Skip the Dishes and order in!

From our house to yours, wishing you the happiest of holidays!

....uptick in prices ... broad-based, with all 20 of the markets tracked by CREA [Canadian Real Estate Association] reporting month-over-month increases in July.... https://www.google.ca//n/business/2020/8/17/1_5067203.html

throwing the kitchen sink at the economy. Unscheduled Bank of Canada key rate cut invited reaction by Royce Mendes, senior economist, CIBC Capital Markets. https://www.bnnbloomberg.ca/video/~1929828

Struggling to make the rent? To pay the bills? Don’t sweat it! ‘Help starts here ‘ with the United Way. Phone or text 211 anywhere in North America to access economic fund. In BC visit www.Bc211.ca While the 211 number is active across North America ( by phone or text) each city has different resources available. In New Westminster the United Way will direct you to ... The New Westminster Rent Bank ( direct at 604-526-2522) offering low-fee, short-term loans to low-income individuals and families residing in New Westminster who are at risk of eviction or essential utility disconnection due to a temporary shortage of funds. Don’t wait. Call today. See more

The Bank of Canada cut interest rates [ again ] by half a percentage point [ to .75 per cent] in an emergency move [ the first such emergency move since 2008-9] to buffer the nation’s economy from the double hit from the coronavirus and tanking oil prices. https://www.bnnbloomberg.ca/bank-of-canada-cuts-key-interes

Canada’s 5 Big Banks cut prime rate. How will this impact you? https://www.bnnbloomberg.ca/video/~1915164