Editorial policy
These rules bind every page. They are maintained by the Valulor Data Desk and change only by dated revision on this page.
01Sourcing
Every published figure traces to a named source listed on the page. Benchmark rates come from the Bank of Canada Valet API. Population and building counts come from Statistics Canada. Lender counts come from the Valulor lender census, a manually maintained roster of firms observed writing commercial paper in each market. Nothing is sourced from an unnamed aggregator.
02Provenance labelling
Figures are labelled Observed, Modelled, or Baseline seed. Observed means recorded from the cited series unadjusted. Modelled means derived arithmetically from observed inputs using the published method. Baseline seed means a documented starting estimate awaiting first observation — an order-of-magnitude figure, not a market reading. Any page mixing these shows the key.
03No page without data
A product-by-market page is only indexable when the tier rule allows it and real metrics rows back it. Pages that fail either test render with a provisional banner, carry a noindex directive, and are excluded from the sitemap. We would rather publish fewer pages than publish placeholders at scale.
04Review cadence
Rate observations refresh each business day. The lender census refreshes monthly. Cap-rate and transaction seeds refresh quarterly. Every figure-bearing page shows its last update and next scheduled review, so a stale page is visibly stale.
05Revisions, not deletions
Observations are appended. A corrected value never overwrites the record it replaces; the prior observation stays in the series so any number published in the past can still be reconstructed.
06Sponsorship separation
Sponsors can buy placement. They cannot buy a rate, a ranking, an inclusion in the lender census, or a conclusion. Sponsored placements are labelled in situ, sit outside the editorial column, and are never blended into a table of published figures.
07Independence from transactions
Valulor takes no origination fee, no broker commission, and no success fee on any financing. We have no economic interest in which lender you choose or whether you borrow at all.
08Use of automation
Ingestion, arithmetic, and page composition are automated; the method, the inputs, and the review sign-off are human decisions made by the Data Desk. Automation is disclosed rather than hidden, and it never invents a figure that no source supports.
Common questions
Can a lender pay to appear in the lender census?
No. The census counts firms observed writing commercial paper in a market. Sponsorship is a separate, labelled placement and has no effect on the count, the density score, or any published rate.
Why does a page say a figure is modelled?
Because no primary source publishes it directly. The figure is derived from observed inputs using the method on the methodology page — the arithmetic is disclosed so you can reproduce or reject it.
Who reviews a page before it changes?
The Data Desk. Method changes are versioned on the methodology page with a dated revision entry; data refreshes follow the published cadence and are stamped on each page.
What happens when Valulor gets something wrong?
It gets corrected, dated, and logged publicly under the corrections policy. We append the correction rather than quietly editing the original value.
Not advice — Valulor is a data publisher. Every figure here is an indicated value produced by published capitalisation math from inputs you supply — not an AACI, MAI or otherwise accredited opinion of value, not an appraisal, and not advice. Lenders, courts and tax authorities require an appraisal from a licensed appraiser; confirm any number here before you rely on it. About Valulor