About us
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- Website
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http://www.tordon.com
External link for TORDON
- Industry
- Venture Capital and Private Equity Principals
- Company size
- 2-10 employees
- Headquarters
- Oakville, Ontario
- Type
- Privately Held
- Founded
- 2012
Locations
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Primary
700 Third Line
18
Oakville, Ontario L6L 4B1, CA
Updates
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Happy Hanukkah! Wishing everyone a holiday filled with light, love, and joy. May these eight days be as sweet as the sufganiyot and as bright as the menorah's flame. #Hanukkah2023 #FestivalOfLights #MenorahMagic #DreidelDelights #SufganiyotSeason #LightTheNight #HanukkahCelebration
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https://conta.cc/47JQO9w I hope this post finds you well. Today, I want to shed light on the recent policy update from the Bank of Canada, dated December 6, 2023, and its potential implications for the real estate and mortgage sectors. 📈 Key Insights: The Bank of Canada has decided to maintain its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. This policy is part of the ongoing quantitative tightening. Expectation: We anticipate that fixed-rate mortgages may see a downward trend in the next few quarters. There's even the possibility of rates dipping into the high 4% range. This can be a game-changer for those planning to secure fixed-rate mortgages in the near future. Globally, the economic slowdown and easing inflation have significant implications for the real estate market. It's important to keep an eye on mortgage rates as they play a pivotal role in property investments. The Bank's focus on restoring price stability may influence its monetary policy decisions, which could impact mortgage rates and market conditions. 💼 What's Next?: The next scheduled date for announcing the overnight rate target is January 24, 2023. This announcement will provide a comprehensive outlook on the economy and inflation, offering further insigh
Bank of Canada's Policy Update and Expectations for Fixed-Rate Mortgages
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https://conta.cc/3R1aVJu 🔍 Latest Economic Insights for Realtors - Q3 2023 🏡 As we approach the end of 2023, it's crucial for real estate professionals to stay abreast of economic trends impacting our industry. The latest GDP report for Q3 2023 brings both challenges and opportunities. 📉 Key Takeaways: GDP Dynamics: A slight contraction in GDP (-0.3%) signals a nuanced economic environment. What does this mean for property markets? Housing Investment Up: A notable 2.0% increase in housing investment, with new construction leading the way. A positive sign for real estate! Regional Variations: Notably, the Atlantic provinces are seeing the most substantial construction growth - a key point for market strategies. 🏗️ Interest Rate Watch: With the mixed economic signals, the big question is: Will the Bank of Canada adjust interest rates on December 6? This decision could be pivotal for mortgage rates and investment strategies. 🤔 What Should Realtors Do? Stay Updated: Keep an eye on inflation and employment figures - they're crucial indicators for the next rate decision. Client Advisory: Prepare to guide your clients through potential mortgage cost changes. Focus Regionally: Tailor your strategies to capitalize on regional market trends. 📈 Looking Ahead: Despite the complexi
Insightful Update:GDP experienced a slight decline of 0.3% in the third quarter following a 0.3% increase in the second quarter.
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https://conta.cc/40SbA4u Certainly! Here's a LinkedIn post version tailored for a professional audience, focusing on the Consumer Price Index (CPI) report for October 2023: 📈 Understanding the Latest Economic Indicators: October 2023 CPI Report Insights The most recent CPI data from Statistics Canada reveals intriguing trends in inflation and consumer prices that are crucial for today's investors and business leaders. Key Takeaways: The year-over-year CPI growth decelerated to 3.1% in October, down from 3.8% in September. A significant decrease in gasoline prices contributed to the overall slowdown in inflation. Service prices, particularly in travel, housing, and property taxes, continue to rise, underscoring an evolving economic landscape. Food inflation, while still high, showed signs of easing compared to previous months. As we approach the end of the year, these figures present both challenges and opportunities in the market. The slight ease in inflation could signal a shift in economic dynamics, making it imperative for businesses and investors to stay adaptive and informed. For a more detailed analysis and insights into how these trends might affect your strategies, feel free to reach out or comment below. Let's discuss how we can navigate these changes effectively
Analysis of Consumer Price Index (CPI) October 2023
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✨ Happy Diwali from all of us at Tordon! ✨ As the festival of lights brightens our homes, we wish that it also illuminates your hearts with joy and prosperity. Let's celebrate this beautiful occasion with hope and enthusiasm. May the coming year be filled with success and happiness for you and your loved ones. #Diwali2023 #LightUpWithTordon #FestivalOfLights #ProsperityAndJoy #OntarioCelebrates #CulturalDiversity #HappyDiwali #TordonFamily #DiwaliInCanada
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Today at Tordon, we pause to remember and honor the brave men and women who served and sacrificed for our freedom. As we reflect on their courage and dedication, we are reminded of the importance of unity and peace. Let's cherish and uphold the values they fought for. Lest we forget. 🍁 #RemembranceDay #LestWeForget #CanadaRemembers #OntarioRemembers #ThankYouVeterans #PeaceAndFreedom #TordonCares #CommunityUnity #Remembrance2023
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🏠🚨 REALTOR ALERT: Protect Your Clients from Cash Buyer Scams! 🚨🏠 👀 Have you heard about "Quick Cash Buyers" promising to purchase homes ASAP? 🤔 Sounds like a dream come true for sellers, right? WRONG! 🕵️♂️ Here’s the scam: These so-called "cash buyers" often engage in what’s known as an "assignment sale." They'll lock in a price with the homeowner, but instead of buying, they put the property on the market and wait for it to sell at a higher price. 💸 The “buyer” then pockets the difference, leaving the original homeowner with less than they deserved. 🎯 Target: Often, they prey on older individuals looking to move. ❗❗ ACTION NEEDED ❗❗ As trusted Realtors, it’s our duty to educate our clients and protect them from such scams. 📢 Let’s make it loud and clear: There’s no such thing as a "good buyer" who promises quick cash without a catch! 🔒 Always ensure due diligence and let's keep our clients' best interests at heart. * Not all cash buyers do this type of scam but moreover, it's in the seller's best interest to list in a fair market scenario to get the best market-directed pricing. Share this message. Let's be the shield that protects our community. 🛡️ Stay vigilant,
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https://conta.cc/44QJO8T 🇨🇦 Bank of Canada Update 🏦: Policy rate held at 5% as the Bank continues quantitative tightening. Recent economic indicators show mixed signals, with a contracting manufacturing sector and volatile trade balance. With inflation at 3.3%, could an interest rate hike be on the horizon? Stay tuned for more updates on Canada's economic outlook. #BankOfCanada #EconomicUpdate 📈💼
Bank of Canada Update: Policy Rate Maintained, Quantitative Tightening Continues - September 6, 2023
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