Don't forget to turn your clocks ahead!

It's time to Spring Ahead! This is just a friendly reminder to turn your clocks ahead an hour this weekend. We will all welcome that extra hour of sunlight at the end of the day!
Why do we do this? There are many historical explanations out there for why we adjust our clocks twice a year, but the common threads to all of them are energy savings and extended daylight time for farming, sports, shopping and other activities. Daylight Saving Time also provides a great reminder to do such tasks as: replacing the batteries in your smoke detectors &/or discarding out of date medications.

Best wishes for a fresh start this spring from
Zeenia Kola
Sales Representative with Re/Max Realty Specialists Inc., Brokerage
Email: zeenia@zeeniakola.com
Ph: 905-828-3434
Add: 2691 Credit Valley Rd, #101, Mississauga, L5M 7A1
Website: http://www.zeeniakola.com/
Facebook Link

Absolute Condos near Square One

As most of you might have seen the construction going on at Hurontario and Burnhamthorpe of two towers being built by Fernbrook. Here are some pictures and a little about the residential towers.




The Absolute Condos is a set of 5 residential towers in the City of Mississauga.Construction of three of the towers was completed by 2008. The last two blocks, Absolute Word 1 and Absolute World 2, are expected to be completed in 2011. The two towers are also known as the 'Condo Couple'. Absolute World 1 (as seen above) was nicknamed 'Marilyn Monroe' for its curvy, hourglass figure by smitten locals. The tower turns 180 degrees from the base to the top.



The design was so admired that the studio was commissioned to design a sister building, Absolute World 2, next door. Absolute World 2 (as seen above) or phase 5, the fifth tower of the project, will incorporate 50 storeys and be 150 metres high, boasting a total floor space of 40,000sq. metres.

However, unlike Absolute World 1, the second, more northern tower will be wider in the 'waist'.

Built by Ontario builders Fernbrook Homes in collaboration with Toronto developer Cityzen Development Group, Absolute Condos is a five-tower glass, concrete and steel luxury condominium complex in Mississauga, opposite the Square One shopping mall. The residential towers also has a 30,000sq.ft. private recreation centre.

I have spotted the Towers from Erin Mills and Battleford area; Glen Erin and Folkway; 410 and Courtney Park. Where can you view it from?

I will also be uploading more pictures and information about the condos as an when I get a chance to click more pictures.

Stay Posted.

Warm Regards,
Zeenia Kola
Sales Representative with Re/Max Realty Specialists Inc., Brokerage
Email: zeenia@zeeniakola.com
Ph: 905-828-3434
Add: 2691 Credit Valley Rd, #101, Mississauga, L5M 7A1
Website: http://www.zeeniakola.com/
Facebook Link





Looking for a condo in Mississauga? I have been helping people find condos in Mississauga and will be happy to help you in your search for your perfect condo! I will find you the condo you have been dreaming of and within your budget.
Give me a call today, or fill out the online contact form and I will call you with information on any Mississauga condo you see on my site.

Great News: Bank of Canada maintains overnight rate target at 1 per cent!!

OTTAWA – The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1%. The Bank Rate is correspondingly 1 1/% and the deposit rate is 3/4 %.

The global economic recovery is proceeding broadly in line with the Bank’s projection in its January Monetary Policy Report (MPR), although risks remain elevated. U.S. activity is solidifying and remains supported by stimulative fiscal and monetary policies. Ongoing challenges associated with sovereign and bank balance sheets will limit the pace of the European recovery and are a significant source of uncertainty to the global outlook. Robust demand from emerging-market economies is driving the underlying strength in commodity prices, which could be further reinforced temporarily by supply shocks arising from recent geopolitical events.

The recovery in Canada is proceeding slightly faster than expected, and there is more evidence of the anticipated rebalancing of demand. While consumption growth remains strong, there are signs that household spending is moving more in line with the growth in household incomes. Business investment continues to expand rapidly as companies take advantage of stimulative financial conditions and respond to competitive imperatives. There is early evidence of a recovery in net exports, supported by stronger U.S. activity and global demand for commodities. However, the export sector continues to face considerable challenges from the cumulative effects of the persistent strength in the Canadian dollar and Canada’s poor relative productivity performance.

While global inflationary pressures are rising, inflation in Canada has been consistent with the Bank's expectations. Underlying pressures affecting prices remain subdued, reflecting the considerable slack in the economy.

Reflecting all of these factors, the Bank has decided to maintain the target for the overnight rate at 1 per cent. This leaves considerable monetary stimulus in place, consistent with achieving the 2 per cent inflation target in an environment of significant excess supply in Canada. Any further reduction in monetary policy stimulus would need to be carefully considered.

Stay Posted: The next scheduled date for announcing the overnight rate target is 12 April,2011



Warm Regards,
Zeenia Kola
Sales Representative with Re/Max Realty Specialists Inc., Brokerage
Email: zeenia@zeeniakola.com
Ph: 905-828-3434
Add: 2691 Credit Valley Rd, #101, Mississauga, L5M 7A1
Website: http://www.zeeniakola.com/
Facebook Link