With mortgage rates continuing to stay near ultra-low levels, it’s no surprise that many Canadians are clamoring to invest in a home purchase or refinance their current home loan.
Everyone who knows somebody contributing to the commercial mortgage sector needs to thank that person for contributing to the Canadian economy.
Although 20 percent of Canadian small and medium-sized business owners reported plans to hire within the next three to four months – a higher number than average – small business confidence levels have fallen to a three-year low.
The Bank of Canada released its third quarter Business Outlook Survey on Monday, and due to increased global economic uncertainty which has driven low posted rates, Canadian business executives are feeling less optimistic regarding future sales.
According to a recent survey conducted by the Canadian Federation of Independent Business, confidence among the country’s small businesses plummeted during August.
According to a recent report conducted by the Conference Board of Canada, the profits of Canadian corporate businesses are expected to decline during the second half of the year.
During the second quarter of 2011, the industrial real estate market in Montreal experienced significant gains, which is important, as the sector had been one of the hardest hit during the recent recession.