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Category Archives: Canada

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Canadian entrepreneurs more upbeat despite COVID

Posted on January 18, 2021 by Joe

A new BDC (Business Development Bank of Canada) study suggests Canadian entrepreneurs are regaining confidence in Canadian economy, despite new restrictions and rising number of COVID-19 cases.

Read more: https://bit.ly/3p29wmM

Posted in Canada

Trans Mountain pipeline to benefit if Biden scuttles Keystone: expert

Posted on January 17, 2021 by Joe

VANCOUVER (NEWS 1130) — As Joe Biden prepares to take office this week, one key issue for the Canadian government will be whether the much-disputed Keystone XL pipeline will be completed under the new U.S. administration.

Read more: https://bit.ly/2XRwEYV

Posted in Alberta, Canada

Record December and record 2020 for Canadian home sales

Posted on January 15, 2021 by Joe

A record December capped a record year for Canadian home sales, says the Canadian Real Estate Association.

Read more: https://bit.ly/3spKmAq

Posted in Canada

Is household formation peaking in Canada’s hottest real estate markets?

Posted on January 15, 2021 by Joe

The epicentres of household growth will likely shift soon from Ontario and British Columbia to the Prairies, according to projections by Canada Mortgage and Housing Corporation using data from Statistics Canada.

Read more: https://bit.ly/3oN7RkK

Posted in Canada

Canadian housing market poised for another record year

Posted on January 14, 2021 by Joe

The rollercoaster that was 2020 left Canada’s housing market more or less where it started the year: full of bidding wars, escalating prices and exasperated buyers unable to find a home they can afford, says a report by RBC Economics.

Read more: https://bit.ly/2KiBviS

Posted in Canada

Capital investment in oilpatch expected to rise in 2021

Posted on January 13, 2021 by Joe

The Canadian Association of Petroleum Producers (CAPP) released a report Wednesday forecasting a 14 per cent increase in upstream natural gas and oil investment in 2021.

Read more: https://bit.ly/3iatY1W

Posted in Canada

Conference Board forecasts economic growth for 2021

Posted on January 12, 2021 by Joe

Real GDP in Canada is forecast to post growth of 5.3 per cent in 2021 and 3.5 per cent in 2022, according to a new two-year economic outlook released Tuesday by the Conference Board of Canada.

Read more: https://bit.ly/35z0A0c

Posted in Canada

Canadians focused on savings and debt, not spending: Poll

Posted on January 12, 2021 by Joe

Canadian households are preoccupied with shoring up their finances this year, according to a new survey, a thriftiness that could be a drag on the recovery.

Read more: https://bit.ly/3oPEzBO

Posted in Canada

Investment in building construction in Canada declines

Posted on January 12, 2021 by Joe

Total investment in building construction declined for a third consecutive month in Canada, edging down 0.1% to $15.3 billion in November, according to Statistics Canada.

Read more: https://bit.ly/3bylf8I

Posted in Canada

What will commercial real estate look like in 2021?

Posted on January 12, 2021 by Joe

When Naz Ali was sitting at home in March, under lockdown along with the rest of Vancouver, she had the idea of using her specialized skills to track data on people’s movements owing to the COVID-19 pandemic.

Read more: https://tgam.ca/2XxND2n

Posted in Canada

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