Ontario’s near record unemployment rates, has created labour shortages and rising wages in some industries. Bank of Canada raised interest rates to 1.75% in an effort to keep the lid on inflation. A significant occurrence in this quarter was the new trade agreement that was reached between the US, Canada and Mexico, reducing any uncertainty.
Market confidence remains strong. Canadian economy is expected to grow at a solid state through to 2019.
Cushman & Wakefield Ltd. Brokerage
Raffi Kouyoumdjian, Sales Representative
Commercial Sales & Leasing
Tel.: (416) 756-5428
Cell: (416) 671-5913
Fax: (416) 494-9444