Financial Update

· TSX fell further -113.93(Reuters) - Weak resource issues sent the TSX's main index
tumbling for the 5th day in a row as commodity prices spent much of the day in negative
territory
· Dow +57.81. stocks got a boost from stronger than expected retail sales, as well as the bid
for Anheuser-Busch, which would create the world's largest brewer.
· Dollar +.23c to $98.04
· Oil +.36 to $136.74US per barrel
· Gold - $10.50US to $869.20US
Bond Rates: http://www.bankofcanada.ca/en/rates/bonds.html

Mortgage rates rising after central bank move

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June 13, 2008 Record staff and news servicesBank of Montreal is hiking its residential mortgage rates by up to 85 basis points, joining Royal Bank, TD Canada Trust and CIBC in increasing the cost of borrowing to buy a home. The increases follow the Bank of Canada's decision to leave its benchmark overnight rate unchanged at three per cent. CIBC kicked off the current round of mortgage-rate adjustments on Wednesday. TD Bank raised its rates by as much as 85 basis points and Royal Bank said yesterday it will boost its rates by up to half a point.