Talking about the “Canadian Market” is difficult in a country with so many varied and specific sub-markets. What is happening in Vancouver and Toronto vs. Calgary and Windsor or Halifax? These are all very different conversations. But some overall economic drivers affect each of these markets in different and interesting ways. BDO Canada’s Real Estate and Construction practice analyzes four of the main factors in a recently published article, and will also be discussing them in an upcoming webinar:
- Low dollar driving foreign investment
- Strong consumer confidence
- Downturn in oil prices creating localised pain/opportunity
- Millenial generation shaping the market