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PROFESSIONAL PROFILE for July 2010
Adrian Delorey
Adventure Bootcamp and 180FITNESS
In September of last year I stumbled upon the Orleans Adventure Bootcamp while searching for an Ottawa fitness studio. After having done NOTHING (physical activity I mean) in a little over 10 yrs I decided to jump in!!! Some said I was crazy for working out 5 days a week but I wanted to give myself a good kick in the BUTT! To make a long story short, 11 months later I am now 34 lbs lighter and few dress sizes smaller. I have continued the Bootcamp for 3 days a week and have completely changed my nutrition habits (minus my occasional cheat LOL).
I'm so glad that I was introduced to Adrian Delorey and his amazing workouts! I have to admit that BOOTCAMP sounds much worse than it is. I'm not going to lie... I feel like I'm dying some days; but I go at my own pace... excel in certain areas and still need much improvement in others. A few months ago Adrian opened a new Ottawa fitness studio on Canotek Rd called 180FITNESS. Recently I've attended a Butt N' Gut class that I REALLY enjoyed. I can't wait to check it out further. If you're thinking it's time for a change.. this may be the right place for you :)
180o DEGREE FITNESS - Taking fitness in a new direction
For those serious about gaining strength, working hard to achieve a fantastic new body and adopting a healthier lifestyle, 180o FITNESS, a brand new Ottawa fitness studio, is dedicated to making better men and women and can help you reach those goals. At 180o FITNESS, the emphasis is placed on what the body is naturally made to do as well as to introduce people to a new level of training and conditioning: one they've never experienced before. Pain is gain as owner Adrian Delorey reverse engineers the way the world's top strongest athletes move and then with the help of his trainers, works it into a fitness program designed for maximum results.
Creator of Orleans and Kanata Adventure Bootcamp, a successful workout program with the most exciting exercise routines the fitness world has to offer, Delorey is dedicated to making an impact on people's lives. His camps were so positively received that he won two Peoples Choice Awards, and now has expanded these same winning workout philosophies to create 180o FITNESS training centre.
Clients can lose weight and get toned in the shortest time possible with 180o FITNESS classes which incorporate kettlebell, tabata and cardio kickboxing. At this Ottawa fitness studio, training methods match any and every skill set and fintess level. Personal and small group training is offered as well as corporate bootcamps and the popular Butt & Gutt classes throughout the week. In order to suit the schedules and needs of every client, 180o FITNESS has a variety of packages and memberships. Throw away your boring treadmill, get a killer workout and make a positive lifelong change at 180o FITNESS, where quality over quantity reigns supreme and fantastic results are within reach.
Live well!
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This morning the Bank of Canada raised the Prime lending rate... a great colleague of mine who is a Mortage Advisor in Ottawa, Jacquie Bushell, sent out a great little email with some helpful info and frequently asked questions that I would love to share with you... here's what you can expect from the rate increase:
- What does this mean to you?
- What will my payment increase look like?
- Should you lock in?
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For the second time this year the prime rate has been increased. Should you worry or panic? NO! When you chose the VRM you made a great choice in mortgage product, if you followed my typical advice and recreated or restructured your mortgage payment to match what the fixed rate was at the time. If you did this you are in great shape and will not feel this minor increase. You have also benefited from the extra payments going towards your principal balance and saving you thousands in interest payments. It is never to late to exercise this option, call me if you would like to discuss what your fixed payment should be. If you have chosen the route of paying the variable rate without the increase to the monthly payment you will see a slight increase in your mortgage payment starting the 1st of next month. What will this increase look like? Approximately $12.00 increase for ever $100,000 of the outstanding mortgage balance, for example if your mortgage is $220,000 your mortgage payment is in the neighbourhood of $700.00 currently, the new mortgage payment will be approx. $727.00. This can vary depending on the amortization of the mortgage. If you have questions or concerns please do not hesitate to call me. Lastly should you LOCK IN? That is a personal question, but my suggestion is stay the course, in most cases your rate is now 2.15% with the increase which is still far lower then the current lock in rate. If you currently have a prime plus mortgage, please give me a call. The next scheduled interest rate announcement is Sept. 8. Read more: http://bit.ly/dtVPPn Jacquie Bushell AMP Why a mortgage broker? Knowledge, Convenience and Choice! |
I hope you all enjoyed this read as much as I did and a great big THANK YOU to Jacquie for her mortgage advice. If you ever have ANY questions about your mortgage terms, penalty, interest rate, options, etc... you should never hesitate to contact your bank or your mortgage advisor. Also, never underestimate the power of a 2nd opinion... it could save you thousands!
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OTTAWA – The Bank of Canada today announced that it is raising its target for the overnight rate by one-quarter of one percentage point to 3/4 per cent. The Bank Rate is correspondingly 1 per cent and the deposit rate is 1/2 per cent. The global economic recovery is proceeding but is not yet self-sustaining. Greater emphasis on balance sheet repair by households, banks, and governments in a number of advanced economies is expected to temper the pace of global growth relative to the Bank's outlook in its April Monetary Policy Report (MPR). While the policy response to the European sovereign debt crisis has reduced the risk of an adverse outcome and increased the prospect of sustainable long term growth, it is expected to slow the global recovery over the projection horizon. In the United States, private demand is picking up but remains uneven.
Economic activity in Canada is unfolding largely as expected, led by government and consumer spending. Housing activity is declining markedly from high levels, consistent with the Bank's view that policy stimulus resulted in household expenditures being brought forward into late 2009 and early 2010. While employment growth has resumed, business investment appears to be held back by global uncertainties and has yet to recover from its sharp contraction during the recession.
The Bank expects the economic recovery in Canada to be more gradual than it had projected in its April MPR, with growth of 3.5 per cent in 2010, 2.9 per cent in 2011, and 2.2 per cent in 2012. This revision reflects a slightly weaker profile for global economic growth and more modest consumption growth in Canada. The Bank anticipates that business investment and net exports will make a relatively larger contribution to growth.
Inflation in Canada has been broadly in line with the Bank's April projection. While the Bank now expects the economy to return to full capacity at the end of 2011, two quarters later than had been anticipated in April, the underlying dynamics for inflation are little changed. Both total CPI and core inflation are expected to remain near 2 per cent throughout the projection period. The Bank will look through the transitory effects on inflation of changes to provincial indirect taxes.
Reflecting all of these factors, the Bank has decided to raise the target for the overnight rate to 3/4 per cent. This decision leaves considerable monetary stimulus in place, consistent with achieving the 2 per cent inflation target in light of the significant excess supply in Canada, the strength of domestic spending, and the uneven global recovery.
Given the considerable uncertainty surrounding the outlook, any further reduction of monetary stimulus would have to be weighed carefully against domestic and global economic developments.
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