september 25, 2012
DESCRIPTION
Section P of the September 25, 2012 edition of the Kamloops This WeekTRANSCRIPT
K A M L O O P S
THIS WEEK
MonthlyNew HOMENew HOMEB U Y E R S B U Y E R S G U I D EG U I D E
SEPTEMBER 2012VOL. 8 NO. 9
Mission Hill rises •• Pages C2,C3
full custom fl oorplans• quick build times• paved driveway• landscaping• low strata fees•
KOKANEE COURT 7805 DALLAS DRIVE - KAMLOOPSApproximately
$495*bi-weekly.
Includes closing cost.*OAC. Call for details.
SELLING NOW - BRAND NEW HOME & LAND PACKAGE FROM $249,900FIRST TIME NEW HOME BUYER BONUS $10,000
7805 DALLAS DRIVE – KAMLOOPS
INCLUDING HST
Let My Expertise Put You in a Better Place!
The Mortgage Centre/Dico Holdings
207-242 Victoria St.Kamloops, BC
V2C 2A2
250-374-2222
Teague Brinkworth www.mortgagesbc.ca
GLENTANNA RIDGEGLENTANNA RIDGEBARRIERE BCBARRIERE BC
40 MIN FROM KAMLOOPS
CLARY DEVELOPMENTS LTDCLARY DEVELOPMENTS LTD250-672-9321250-672-9321
Modular Home & LotPackages
Starting from $$225,000225,000• Residential lots from $79,500• Lot sizes from 8,292 - 16,319 sq. ft.
• Titled lots, (not strata)
• DCC’s included
• Custom built & modular homes welcome
Enjoy the quiet, peaceful lifestyle of the scenic North
Thompson Valley. Minutes from Chinook Cove Golf
Course, numerous area lakes for the boating and
fi shing enthusiasts
www.kamloopsthisweek.com C2 ❖ Tuesday, September 25, 2012
NEW HOMES
The warmth of a new home is evident in the stylings of units at Mission Hill. Before taxes, single-bedroom homes start at about $180,000 and climb to about $210,000. Two-bedroom abodes range from $270,000 to $350,000.Some of the homes also come complete with dens.One-bedroom units cover about 655 square feet, while two-bedrooms range from about 975 square feet to 1,075 square feet.
HOME AWAITS
www.kamloopsthisweek.com Tuesday, September 25, 2012 ❖ C3
NEW HOMES
By Michael PotestioSPECIAL TO KTW
The Mission Hill development — with stunning views of the Thompson River and the North Shore as it rises between West Victoria Street and Summit Drive — is ready for new homeowners.
Mission Hill consists of a mix of one- and two-bedroom condominiums, with 54 units in a six-floor building overlook-ing Kamloops’ pristine landscape.
The grand opening was held on Saturday, Sept. 22, with units complete and ready to be sold.
Kyle Braithwaite — project manager with Mission Hill developer Brentwood Developments — is encouraging people to check out the homes.
There are a couple of show suites on site, in addition to a sales office.
“All units are available and ready for immediate occupan-cy,” said Braithwaite, noting there will be more phases created at Mission Hill in the future.
Mission Hill’s views are among its main features, but there
is much more that makes the development an attractive buy.Its proximity to areas such as the Kamloops downtown
core, Thompson Rivers University and the Sahali shopping dis-trict gives homeowners a great location.
Before taxes, single-bedroom homes start at about $180,000 and climb to about $210,000, said Braithwaite. Two-bedroom abodes range from $270,000 to $350,000.
Some of the homes also come complete with dens.One-bedroom units cover about 655 square feet, said
Braithwaite, while two-bedrooms range from about 975 square feet to 1,075 square-feet.
“These homes are perfect for new homebuyers and people looking to downsize,” said Braithwaite.
The units have nine-foot-high ceilings and spacious decks, which are perfect for entertaining.
Braithwaite said Mission Hill was constructed with steel and concrete, which improves the sound attenuation.
“The building is built with steel and concrete; therefore, it’s quiet,” said Braithwaite.
The development is also protected through the National Home Warranty Program.
This provides buyers with the New Home Warranty, which offers two years of coverage on labour and materials, five years of coverage on the building envelope and 10 years of coverage on major structural items.
“So, it provides [the] purchasers peace of mind that they’re buying a quality product that’s protected through the warranty program,” said Braithwaite.
The homes have myriad features, including hand-set ceram-ic tile floors in the foyers, easy-touch light switches, large win-dows, walk-in closets and ensuite bathrooms for the bedrooms.
There is also dedicated parking for each unit.The kitchens boast granite countertops and are equipped
with stainless-steel appliances, said Braithwaite, noting the units also feature central heating and air conditioning.
The kitchens include islands, or breakfast bars, ceramic floor tiles, a gas range, energy-efficient dishwashers and 18-cubic-foot refrigerators.
Braithwaite is looking forward to a positive response with the development and moving forward with future phases.
For more information on Mission Hill, contact Royal LePage Kamloops Realty at 250-374-3022.
Mission Hill: It’s the view, proximity and more
Along with the spectacular views, Mission Hill units feature kitchen islands, ensuite bathrooms for bedrooms and hand-set ceramic tile floors in the foyers.To view Kamloops’ newest address, call Royal LePage Kamloops Realty at 250-374-3022.
769 Notre Dame Drive778.471.5858
www.urbancabin.ca
Featuring the Pebble Creek Furniture Co.
Sam MooreSam Moore
NOW OPEN!
CAROL CANDY CAROL CANDY250.318.7048
376 Seymour St, Kamloops · www.carolcandy.ca
Western Lending Source independently owned & operated
I guarantee the best available mortgage.
• Purchase, Refi nance & Renew• Residential & Commercial Properties
• Leases & Small Business Loans
AMP, PFP
On the green - AT TOBIANO
Be Local, Live World Class On the green, in the boat, with family and friends at the pool
An easy 20 minutes from Kamloops, in a spectacular setting overlooking Kamloops
Lake, you are nestled in a home that blends superior finishing and details with
carefree living. Discover Summers Landing at Tobiano for yourself!
Make your choice now between 8 fabulous 3 bedroom homes starting from $379,000
Call us at 1-866-993-2984, go to: www.summerslanding.ca, or email
E. & O.E.
Open by appointment 1-866-993-2984
Address: 130 Colebrook Road, Tobiano, BC V1S0B4(HWY 1 towards Cache Creek take the right on to Holloway Drive. First left on to Colebrook Road)
Summerview Club HouseSummerview Club House
$379,000
PHASE 3
available now.
Pricing From
Net H
ST included
www.kamloopsthisweek.com C4 ❖ Tuesday, September 25, 2012
The British Columbia
Real Estate Association
(BCREA) reports that the
dollar volume of homes
sold through the Multiple
Listing Service (MLS) in
B.C declined 25.4 per cent
to $2.6 billion in August,
compared to the same
month last year.
A total of 5,337 MLS
residential-unit sales were
recorded over the same
period, down 17.9 per cent
from August 2011.
The average MLS
residential price was
$491,145, nince per cent
lower than a year ago.
“Consumer demand
continued to trend lower
in August,” said Cameron
Muir, the BCREA’s chief
economist.
“Tighter mortgage-
credit conditions intro-
duced in July appear to be
taking a toll on an already
tentative market.
“However, with home
sales slower than improv-
ing economic conditions
suggest, a rebound may be
in store before year-end.”
Year-to-date, B.C resi-
dential sales dollar volume
declined 17.5 per cent to
$26.2 billion, compared to
the same period last year.
Residential unit sales
dipped 9.1 per cent to
50,131 units, while the
average MLS residential
price was 9.3 per cent
lower at $521,599.
NEW HOMES
Dollar volume of home sales declines in B.C.
www.kamloopsthisweek.com TUESDAY, September 25, 2012 ❖ C5
Residential & Commercial. We do it all!
LOCAL COMPANY EXPANDSFireplaces, furnaces, plumbing...and now home appliances
Unbelievable Introductory Pricing on Our New Viking D3 AppliancesUnbelievable Introductory Pricing on Our New Viking D3 Appliances
2321 E. TRANS CANADA HWY. 250.372.2536
A StoreA Store within a Store a Store at J. Walsh & Sonsat J. Walsh & Sons
www.appliancegallery.ca • [email protected]
Enter To Win!Enter To Win!2 Tickets to 2 Tickets to
Paul McCartneyPaul McCartneySee instore for detailsSee instore for details
WATCH FOR OUR GRAND RE-OPENINGOCTOBER 12 & 13
J. WALSH & SONS2321 EAST TRANS CANADA HWY.
372-5115
www.jwalshandsons.comServing Kamloops for 56 proud years
We do house calls!
We're proud to announce our new appliance repair
& installation division
FIREPLACES BATHROOM REMODELLING
FURNACES
Come check out our new appliance showroom!WE'RE ALSO ALL ABOUT...
WOOD STOVES
We do house calls!
We're proud to announce We're proud to announce our new appliance repair our new appliance repair
& installation division& installation division• All makes & models • Fridges • Stoves
• Dishwashers • Washers • Dryers • Other Repairs
ShaneService Technician
FIREPLACESFIREPLACES BATHROOM BATHROOM REMODELLINGREMODELLING
FURNACESFURNACES
Come check out our new appliance showroom!Come check out our new appliance showroom!WE'RE ALSO ALL ABOUT...WE'RE ALSO ALL ABOUT...
WOOD STOVESWOOD STOVES
A longstanding 55-year-old local
plumbing and heating business, J.
Walsh & Sons Heating and Plumbing
Ltd., has decided to build on its
solid foundations and expand into
appliances.
The Appliance Gallery, sleek with
high-end fridges, stoves and ovens
now occupies a portion of the shop
floor at 2321 E. Trans Canada Hwy.
The Appliance Gallery is owned and
operated by Durvene Gal. It runs as
a “store within a store.” The concept
is to provide customers with all
they need for their homes in one
place, from purchase to installation
to service and repairs.“I’m thrilled
about it, because it’s working great,”
said J. Walsh owner Frank Walsh.
Customers love the concept, he
said.“ J. Walsh & Sons is really noted
for being in the service business.
“We wanted to make sure that we
expand that part of the philosophy,
so that we’re into the appliance
business but we’re also servicing it,
we’re installing it, and we’re literally
dealing with people right from start
to finish.” Walsh has launched a new
mobile repair van to help extend
that service.
The van will visit homes all over
Kamloops and into outlying areas.
Sun Peaks and the Shuswap are
next on the map as areas to expand
to.Technician Shane Robertson is the
man in the van. With experience that
stretches back 15 years, Robertson is
prepared to fix anything.“ I’ll be doing
appliance repair on everything. You
want it fixed, I’ll come fix it.“ Every
make and model on the planet, so
fridges, stoves—you name it, I do
it.” Robertson
says his skill set
is vast, and he’s
most excited
about custom
i n s t a l l a t i o n s
since they’re
m o r e
i n t e r e s t i n g .
“Maybe you’ve
got a wall oven
that needs to be
installed, but
your old wall
oven, of course,
isn’t the same
size.“ A lot of
people get new
dishwashers ,
and they’re not
the same as the
old ones.
They need to be properly installed
or they don’t work properly. “I want
to make sure these customers get
installations done properly,” he said.
Robertson said 80 per cent of his
calls are for installation problems.
His mobile van started running just
Sept. 1, and calls are already rolling
in. “All it takes is a bit of word of
mouth,” he said.
Renovations are popular right
now, as they are less expensive and
good value for money, says Walsh.
Appliance reps have been telling
Walsh when they visit the store that
the shop has the nicest appliance
showroom in the Interior, Walsh
said. “I’m passionate about it, I’m
excited about it, and I have a vision,”
he said.The
shop features
the latest in
appl iances,
f u r n a c e s ,
b a r b e c u e s ,
h o m e
heating and
cooling, and
b a t h r o o m
s o l u t i o n s ,
i n c l u d i n g
c u s t o m
showers.
J. Walsh &
Sons carries
the biggest
names in
the industry
i n c l u d i n g
R e g e n c y
fireplaces, Carrier furnaces, now
Wolf and Subzero appliances and
more. Walsh also owns a distribution
company that operates throughout
Western Canada with 50 stores.
He thus has strong buying power
with manufacturers, which in turn
gives Kamloops customers great
deals locally on quality heating and
plumbing products.
Hot water tanks are one item that
every home needs, and the store
supplies many models that feature
the newest technology for heating
water in your home. “We’re a one-
stop shop,” said Walsh. J. Walsh
& Sons has always been known
for selling and servicing client’s
furnaces, air conditioning and
plumbing, and will continue to do the
excellent work they’re known for as
they expand into home appliances.
The shop is becoming a central
home and comfort centre, making
things convenient for customers.
“We want to tell customers when
they come in, ‘We are happy to give
you the best selection and service in
the Interior’,” said Walsh.
“Walsh also owns a distribution company that operates throughout Western Canada with 50 stores. He thus has strong buying power with manufacturers, which in turn gives Kamloops
customers great deals locally on quality heating and plumbing products.”
www.kamloopsthisweek.com C6 ❖ TUESDAY, September 25, 2012
OPEN HOUSE HOURSTHURSDAY TO SUNDAY - 11 AM TO 2 PMAT 156 VICTORIA STREET SHOW SUITE
Office 250-374-3022
Brendan Shaw250-319-4737
Jennifer Huseby250-318-5071
Kamloops Realty
YOURVIEWFOREVER.COM
OR $805/Month
STARTING AT
$169,900
DEBORAH PETERSMEYER 250.819.1108
MONA MURRAY250.372.2277
OPEN HOUSE HOURS:THURSDAY – SUNDAY
1 PM – 4 PM689 Tranquille Road
residences
LIBRARYSQUAREKAMLOOPS.COM
STARTINGAT 179,900
OR $808/Month
Exceptional Quality Projects by Creative Sustainable Concepts
Still paying your landlord’s mortgage? Why not pay your own?
Disclaimer: Payment is with 5% down payment of $8,495. Payments based on approved credit, rates and terms subject to change without notice. Based on a 4 year fixed rate of 2.99% and amortized over 25 years.
LIKE US ON FACEBOOKFACEBOOK.COM/TOTALCONCEPTDEV
www.kamloopsthisweek.com TUESDAY, September 25, 2012 ❖ C7
NEW HOMES
Housing starts dip in Kamloops
Kamloops experienced a decline across the line in hous-ing starts in August.
The city recorded 21 single-detached starts, compared to 29 in August 2011, while registering eight multi-unit starts, compared to 20 in August 2011.
Through the first eight months of the year, total housing starts in Kamloops are 11 per cent below 2011 levels, with the biggest dip seen in the multi-unit sector.
250.828.7939 Visit our new website at:
www.houle.ca
Kamloops Branch Office:
Serving BC since 1944
A Division of CORPORATION
795 Laval CrescentKamloops BC V2C 5P2250 372-8242
theensuite.com
HEATING & REFRIGERATION INC.
FURNACES • AIR CONDITIONING • HEAT PUMPS
765 Notre Dame Drive 250.374.6858
BONUSESFOR ALL!RECEIVE IN BRYANT BONUS REBATESUP
TO $1350
for 6 months
(OAC.) on qualifying
Bryant purchases
Largest selection of Furnace Air Filters in Kamloops!
NO PAYMENTSNO INTEREST
TECA Certifi ed ContractorTETETETETETECACACACACACA CCCCC Cerererer iitititititifififififififi dddedededed C
RECEIVEUP TO
IN PROVINCIALGOVERNMENT
REBATES$$29002900
Largest selection of Furnace Air Filters
extra$800REBATE
Limited time offer!
From Fortis BC
ECOSTARWINDOWS.CA
Call us today! 250-372-9797 MENTION THIS AD WHEN YOU CALL OR
653 West Sarcee St. Kamloops Off Mt. Paul Way MONDAY-FRIDAY 8:00 - 4:30
OUR WINDOWS ARE MANUFACTURED RIGHT HERE IN KAMLOOPS TO SAVE YOU MONEY!VINYL WINDOWS • ENTRY DOORS
PATIO DOORS • SEALED UNITS
FREE WINDOWFREE WINDOWBuy 5 or more vinyl windows with installation
and receive 1 FREE window*
40 years in the business • Family owned and operated since 197210 year warranty • BC’s friendliest home provider!
GRAND OPENING CELEBRATION!October 18, 2012 - Live 98.3 from 3pm-6pm! Snacks!
906 Yellowhead Hwy, Kamloops, BC778-471-6699 • 1-800-900-7422 • www.csmh.ca
NOW OPEN!NOW OPEN!
www.kamloopsthisweek.com C8 ❖ Tuesday, September 25, 2012
Maintenance Matters:Sealants: Small investment with a big reward
NEW HOMES
SEALANTS MAY BE among the less expensive maintenance materials for a condo or townhouse, but
they serve a critical function in protecting the building exterior.
Sealants fill the joints and gaps between exterior building materi-als, keeping water, air and dust out of vulnerable parts of the building and preventing costly repairs.
However, they must be installed and maintained correctly in order to remain effective and continue to protect your investment.
Detailed information about sealants can be found in Bulletin #5 of the Maintenance Matters series provided by the B.C. gov-ernment’s Homeowner Protection Office, a branch of BC Housing.
Available online at hpo.bc.ca, the bulletins are intended for hom-eowners, strata councils, mainte-nance managers, housing co-oper-atives and owners of multi-unit properties such as townhouses, low-rise and high-rise buildings.
Much of the advice offered
may also be helpful to owners of single-family homes.
Selected topics are also fea-tured in a companion video series, available online.
What are sealants?Sealants are glue-like substanc-
es that can be shaped to fill gaps between building panels and other exterior components, and around windows, doors, vents, chimneys, pipes and other features.
To be effective, sealants must strongly bond to the surfaces, resist exposure to weather and accommodate movement as build-ing materials shift over time or expand and shrink at different temperatures.
Choosing the correct sealant is critical, as sealants come in many formulations for a variety of uses.
Typical sealants for building exteriors include:
• Silicone around windows, dryer ducts and pipes.
• Polyurethane for various exte-rior cladding joints.
• Polysulfide for windows.• Butyl for the interior joint
around the window to either the sheathing membrane or rough framing.
• Latex is only suitable for inte-rior trim and should be replaced if found in exterior applications.
Maintenance and inspectionsSealants deteriorate at different
rates, based on the material, expo-
sure to weather, building move-
ment or damage from vandalism
or wildlife.
Because of the potential for
costly damage when sealants fail,
it’s important to hire a profes-
sional once a year to inspect and
maintain your building’s sealants.
Professionals know what to
look for and how to choose the
correct sealant for repairs and
replacement.
Maintenance plans for sealants
should include:
• Inspections to review sealant joints for the five main signs of failure: loss of adhesion, cracks or splitting, loss of elasticity or flexibility, weather damage and improper installation.
• Cleaning to remove mildew and dirt, which can impair the sealant’s function. Other than sili-cone, most sealants are reasonably resistant to dirt pickup.
• Touch-ups to repair minor pinholes and gaps will help pro-long the life of the sealant in the short term until it can be replaced.
• Repairs when a section of sealant isn’t sticking to the joint or when large splits or bubbles appear in a localized area. This involves complete removal and replacement of the failed sealant.
• Replacement of sealants when a significant portion of the seal-ant in a given area shows signs of failure.
Different areas of the building exterior may require replacement at different times, depending on weather exposure (e.g. sealants
in direct sun tend to break down
more quickly).
Action plan tips• Hire a knowledgeable profes-
sional to review the building’s
sealants every year and to replace
sealants if necessary.
• Develop a maintenance pro-
gram to address sealant inspection,
cleaning, touch-up, repair and
replacement.
• Invest in good quality sealants
to get the best performance.
• Notify your building’s main-
tenance manager if you notice a
maintenance problem with the
sealants.
Go online to hpo.bc.ca for
more practical tips and check-
lists and to subscribe to receive
the HPO’s online Maintenance
Matters bulletins.
You can also check out the new
Maintenance Matters videos on
the HPO website or on YouTube
at http://www.youtube.com/user/
bchousing1.
www.kamloopsthisweek.com Tuesday, September 25, 2012 ❖ C9
NEW HOMES
Timeless décor is always the ‘it’ look
Like fashion, interior design trends change with the seasons.
Each month, different colours and pat-terns become the new “it” look, inspiring us to overhaul our home décor.
Keeping up with the latest looks can be challenging, not to mention expensive.
That’s why it’s important to remember that keeping your home décor modern isn’t so much about buying trendy furniture as it is about being practical.
Invest in timeless pieces that are suited to your lifestyle and create a calm environ-ment.
Delta Faucet, a leader in beautifying home interiors, offers the following tips to make sure your space will always feel fresh:
• Choose multi-functional products with hidden technology and beautiful design to create a modern feel. Think televisions hid-den in cabinets, speakers mounted behind the wall and sleek kitchen faucets with a hidden sprayer. Technology that seamlessly blends into a space will always feel new.
• Consider incorporating accessories in shades such as clean green, saffron, ocean blue, and magenta to create a soothing atmo-sphere that will never feel tired.
“Adding sleek pieces in a colour that you’ll always love — rather than a trendy colour — makes your style timeless, not to
mention wallet-friendly,” says Jo Alcorn, a Toronto-based interior design expert.
Update fabrics to those that feature time-less geometric designs, overlapping layers, or stripes.
All of these can instantly make a home more contemporary without a large invest-ment.
Sleek and simple architectural details add maximum design impact and can become the focal point in any room.
“Paying attention to your hardware including cabinet handles, light fixtures and even faucets can play a huge role in making your place look more modern,” says Alcorn.
For instance, the strong, angular lines of the Vero lavatory faucet bring a sense of urban sophistication to the bathroom.
See more online at deltafaucet.ca.When considering furniture, look for
pieces with glass or painted wood, and materials like coloured acrylic, fibreglass, and chrome. These features will ensure your choices stand the test of time.
Nothing dates a space like clutter. Organize and store — or even neatly dis-
play — magazines, newspapers and books. Electronic cords should be off the floor
and not visible to keep your room looking neat and clean.
newscanada.com
Welcome to your own four-season playgroundAt Talasa in Kamloops, the Sun Rivers Golf Course is on your
doorstep, Sun Peaks Ski Resort is just up the road, and rivers,
lakes, beaches, hiking, biking, community centres and every other
conceivable outdoor activity awaits you. Owning a home here gives you
more than a place to stay, it gives you a four-season way of life.
Visit our Real Estate Sales Centre to start your four-season adventure.
1090 Sun Rivers Drive, Kamloops, BC
TalasaLiving.com | 250.314.4344
250-828-1800Kamloops B C
105-805 Notre Dame DrKamloops Paint &Window Coverings
250-374-3330 • kamloopstruss.ca
Have your plans? Let us help you.• Quality construction on all size projects (personal or commercial)
• Equipped with the most modern software and technology• 2010 Kamloops Chamber of Commerce Manufacturer of the Year
Proud Supplier of:• A&T Developments Inc.• D&T Developments Ltd. - Carradale Court Development (Kamloops)• Cobblestone Point Genica Developments• Streamline Home Builders• Mibroc Construction Ltd.
Renovations • Residential • AgriculturalGlulam Beams, Floor Joists, Trusses, Metal Roofi ng
www.kamloopsthisweek.com C10 ❖ Tuesday, September 25, 2012
NEW HOMES
The Bank of Canada has decided to keep its key policy rate at one per cent, where it has been held steady for two years.
This marks the longest period since the 1950s that rates have been left unchanged.
The text accompanying the announce-ment was little changed from the July statement.
This includes the bottom line that the bank would still like its next move to be a rate hike, but that the timing and degree and any such decision would depend on whether global and domestic trends play out as expected in the months ahead.
Although the bank expects the eco-nomic outlook to brighten, it identified a number of downside risks that may force it to lower its expectations.
Among these risks are “widespread slowing of activity across advanced and emerging economies” and recognition that “Europe is in recession and its crisis, while contained, remains acute.”
It also reiterated that economic growth in China and other emerging economies is braking a little bit harder than it had previously expected.
It also noted that economic growth in the United States was continuing at a “gradual pace.”
While these factors are consistent with the continuation of low inflation and low interest rates, it also recognized that pric-es for oil and many other commodities that Canada exports have increased from lower levels this summer.
While that means prices at the gas pump have prevented consumer price inflation from edging lower, it also leaves less money in household budgets
for discretionary spending, thereby keep-ing spending and growth in check.
Spurred on by the continuation of near-record low interest rates, consump-tion and business investment are expect-ed to be the primary drivers of growth next year.
That said, while business investment remains solid, the bank acknowledged “tentative signs of slowing in household spending, although the household debt burden continues to rise.”
This suggests that the bank remains worried about growth in consumer debt, even while growth in household debt has slowed to a crawl.
The bank said that core inflation had been softer than expected in recent months, but added that with the economy operating near its production potential, both core and total CPI inflation were expected to return to their two per cent targets over the next 12 months.
The bottom line was unchanged for a fourth time since the April announce-ment, in saying that “some modest withdrawal of the present considerable monetary policy stimulus may become appropriate” based on how global and domestic trends, and risks, play out in the months ahead.
So, even as the global economic pic-ture continues to dim, and other major central banks talk of renewed stimulus, the Bank of Canada still feels its next move should be a rate hike.
Financial markets are currently pricing in the possibility of quarter point interest rate hike next April, but a lot can change between then and now.
The Bank will make its next scheduled rate announcement on October 23.
Bank of Canada maintains steady rateOne per cent rate hits second anniversary
® Registered trade-marks of Bank of Montreal.
Bev Wassen-HunterMortgage SpecialistTel. : 250-828-8870Cell : 250-572-6847
Sue MaitlandMortgage SpecialistTel. : 250-828-8841Cell : 250-819-8811
Are you ready to make your move?• Convenient appointment, day or night, home or offi ce
• Competitive rates on a wide selection of mortgages
• Flexible home fi nancing solutions
• Your contact for all mortgage needs
For convenient mortgage service, contact:
Mortgage Expertise at Your Doorstep 24/7
6556
59
™/® Trade-marks/registered trade-marks of Bank of Montreal.
Phone: 250-374-9523 | [email protected]
B.C. Owned & Operated for 40 years.In Kamloops to meet your home renovation needs. Contact us for your free estimate today!
www.kamloopsthisweek.com Tuesday, September 25, 2012 ❖ C11
NEW HOMES
Get ready for the Year of Lemon SorbetIn our world, colour is critical.Everyone, from car companies to fashion and
make-up brands, works hard to develop colour palettes that reflect the pulse and mood of our culture.
Benjamin Moore has chosen Lemon Sorbet as their 2013 Colour of the Year.
Here are a few ways to use it:• Pastels, flattering in recent fashion trends,
are emerging on the home front in the mint, coral, pink and vanilla families. The Lemon Sorbet paint colour makes the perfect backdrop to these hues.
• People are tired of the beiges, grays and every hybrid in between, so this refreshing lemon shade is a perfect transition colour to begin an invigorating change.
• In neutral spaces, yellow acts like a yellow highlighter, focuses your eye and provides accent.
• It can be bold and modern (in a graphic combo with black or deep inky blues and white).
• It can be soft and natural paired with neutral shades of tan, sand and soft grey.
• Yellow, in its many variations, is the colour of optimism and light and makes a great substitute for plain white.
• On the wall, ceiling, trim or a piece of furni-ture, yellow makes a lively addition to any space.
More images using this colour can be found on Twitter, @BenjaminMooreCA.
newscanada.com
www.rlrbc.com
830 Laval Crescent, Kamloops250-372-7738
Kohler Grohe Duravit Blanco
Visit our Kamloops showroom to see bath and kitchen productsfrom leading suppliers including:
Whether your’re planning your spring renovation or building new, come in to Robinson Bath Centre in
®
www.kamloopsthisweek.com C12 ❖ TUESDAY, September 25, 2012
Generous 1/4 acre Resort lots from $129,000. Beautiful Golf Bay lots from $169,000. Exceptional Lake lots from $290,900. A genuine resort lifestyle for those who act now. Register now for more information.
The Tobiano Presentation Centre staff will guide you through the construction of your home from start to finish. Starting with finding the right lot and builder to fit you and your lifestyle.
TOBIANO | 38 Holloway Drive, Kamloops B.C., [email protected] |www.tobiano.ca
Call 1.877.373.0055 to speak with one of our sales representatives.
a place for everyone.
uction of your homeuction of your home
Lake View Lot #37 0.36 acres | $ 290,900
Golf Bay Lot #10 0.39 acres | $ 169,900
Ranchlands Lot #39 0.38 acres | $ 129,900
175 Cavesson Way 256 Rue Cheval Nior 285 Holloway Drive256 R Ch l Ni175 C W 285 H ll D i