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  1. Ally

    October 2015 Ontario Economic Fundamentals

    Time for the city to make way for laneway, advocates say A tiny — but bold — housing experiment is getting set to launch in Toronto’s Trinity-Spadina neighbourhood, and it could help bring new life, and even green space, to some of the 250 kilometres of largely neglected and unsightly laneways...
  2. Ally

    October 2015 BC Economic Fundamentals

    Vancouver's Mount Pleasant district rejuvenated “With further growth and further movement from other municipalities coming into this neighbourhood, a lot of groups are wanting to be here,” said Cushman & Wakefield commercial leasing and sales vice-president Matthew MacLean. “We’ve seen a...
  3. Ally

    October 2015 BC Economic Fundamentals

    Setting quick pace in BC As of 2014, the District of Lake Country is B.C.’s fastest growing municipality. Winfield, the commercial centre and most populated neighbourhood within Lake Country, was recently named as one of Canada’s top 100 places to invest by Canadian Real Estate Magazine...
  4. Ally

    October 2015 BC Economic Fundamentals

    Vancouver condos attract Chinese investors VANCOUVER, Oct. 22 (Xinhua) -- Roughly 600 of Vancouver's top real estate brokers and developers packed a Vancouver downtown hotel on Thursday to hear a message that came as no surprise to anyone who has been paying attention to the Canadian city's...
  5. Ally

    October 2015 Economic Fundamentals

    Statistics Canada Employment insurance, August 2015 Results In August, 7,900 fewer people received regular Employment Insurance (EI) benefits compared with July, down 1.4% to 536,800. On a year-over-year basis, the number of EI beneficiaries increased by 35,600 or 7.1%. Most of the decrease in...
  6. Ally

    October 2015 Economic Fundamentals

    Millennials ignoring retirement saving Four in ten (43%) of the affluent millennials surveyed believe they will have more than enough income when they retire, despite putting saving for retirement near the bottom of their priorities, according to the Manulife Investor Sentiment Index. Read...
  7. Ally

    October 2015 Economic Fundamentals

    Comparing rents in Canadian cities vs US cities. Interesting infographic from @rentseeker With the Canadian and U.S. economies showing strength in many sectors across the economy, the housing and rental markets has once again come to the forefront of the discussion in both the U.S. and Canada...
  8. Ally

    October 2015 Ontario Economic Fundamentals

    Driving for a desirable downtown in Orillia Residents suggest creating rental properties above small businesses will maximize the use of buildings, lead to renovation of downtown facilities and better engage residents better to help Orillia's downtown grow and thrive. Those, among others, were...
  9. Ally

    October 2015 Economic Fundamentals

    Financial Post's Ranking of the top entrepreneurial cities in Canada Western Canada looms large in the exclusive 2015 rankings of Canada’s most entrepreneurial communities compiled by the Canadian Federation of Independent Business for the Financial Post. Read the list to find out how strong...
  10. Ally

    October 2015 Alberta Economic Fundamentals

    Unemployment up in the south, but still below average Unemployment is up in the southern Alberta region that includes both Medicine Hat and Lethbridge, but continues to fall below the provincial average, according to Statistics Canada. The latest numbers from Statistics Canada’s Labour Force...
  11. Ally

    October 2015 BC Economic Fundamentals

    House prices in Surrey jump 8% West Vancouver is becoming a buyer’s market as inventory levels increase and the price appreciated 3.2 per cent to $2,391,407. In the Toronto area, two-storey homes are up more than 18 percent year-over-year in Richmond Hill and Vaughan. Read the full article here.
  12. Ally

    October 2015 Ontario Economic Fundamentals

    Au revior, Montreal; bonjour, Kitchener Growing up in Kitchener, I watched many of my friends move out of the city to Toronto, Ottawa, Montreal and Vancouver. Some left for school. Others for jobs. Many never came back. Read the full article here.
  13. Ally

    October 2015 Ontario Economic Fundamentals

    Apartment construction in #GTA hits 25-year high The number of brand new rental apartments under construction across the GTA has hit a 25-year high as the drive to live downtown remains strong and house prices continue to push home ownership further out of reach. Some 6,523 purpose-built...
  14. Ally

    October 2015 Ontario Economic Fundamentals

    How to make the Toronto-Waterloo corridor into a world-leading innovation centre. Jobs, economic stability Recently, in this space, we made the case for building a Toronto-Waterloo Innovation Corridor as Canada’s best shot at a technology ecosystem of the scale and density to rival the world’s...
  15. Ally

    October 2015 Ontario Economic Fundamentals

    Honda unveils new generation Civic in Alliston ON. #REINON Job stability A celebration was held at Plant 1 to unveil the next generation of the company’s best-selling vehicle, the 2016 Honda Civic. With Rush’s rock anthem Limelight blasting in the background, the shiny white sedan was rolled...
  16. Ally

    October 2015 Economic Fundamentals

    Bank of Canada downgrades Canadian economic outlook again The Bank of Canada is downgrading its economic outlook again as the country continues to grapple with the “complex” aftershocks of lower prices for oil and other commodities. As expected, the central bank kept its key overnight lending...
  17. Ally

    October 2015 Economic Fundamentals

    The millennial generation — usually defined as people born between 1981 and 1997 — is the largest in US and Canadian history and they are moving into the housing market both here and the US. Are you and your portfolio prepared? There's a reason we're always talking about millennials: There are...
  18. Ally

    October 2015 Alberta Economic Fundamentals

    Housing market in Fort McMurray area takes hard punch from depressed oil prices According to data obtained from the Canadian Real Estate Association, MLS residential sales in the Fort McMurray area plunged in September to 80 transactions, down 39.8 per cent from a year ago. The average sale...
  19. Ally

    October 2015 Alberta Economic Fundamentals

    Liberal win create uncertainty among Alberta business community Alberta business owners and executives woke up to a looming unknown, this morning. For the past decade, there has been an Albertan in Ottawa: a man who encouraged the development of the oil sands, lowered taxes for corporations...
  20. Ally

    October 2015 Alberta Economic Fundamentals

    Trudeau victory means uncertain future for pipeline project The Liberal victory in yesterday's federal election appears to be the nail in the coffin for one West Coast pipeline project, but the future of another remains unclear. Incoming-prime minister Justin Trudeau is on record saying he...
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