Topic: Commercial Mortgages
While investing is often associated with stocks and bonds, the Canadian real estate market provides potential investors with plenty of lucrative opportunities.
Most Canadians are familiar with residential mortgages.
The commercial mortgage market is just as important for the economy as residential housing, if not more so.
The commercial real estate market is frequently a bellwether of economic trends, influencing everything from employment to retail.
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.
Many experts will attest that the Canadian housing market is inflated and seemingly oversaturated thanks to incredibly low interest rates, but how is the commercial real estate outlook for business owners?
Although Canada has generally been able to avoid the massive economic suffering that plagues much of the world, a recent report by Statistics Canada says Canada’s economy is growing at a slower rate than expected.
Canada may see a surge in commercial mortgages in the coming years, according to a recent analysis from the BMO Financial Group. While the market for commercial real estate has been pretty sluggish since the early
Canada has been fortunate in that it has been relatively untouched by the economic calamities affecting parts of the world, but businesses have still been facing some challenges.