67Cup
Active Member
Meh. Steveve's models are better!
The falling dollar would actually stimulate foreign demand as Canadian property becomes ever cheaper for foreign investors. Add to it the fact that Ontario and Quebec are both projected to grow above 2% in the coming year, carrying the bulk of the national growth, and the majority of job growth concentrated in areas in and around Toronto, there may not be such a drastic impact on construction.
I would hate to see this, 1-7 Yonge, Bay Centre and The One in particular to slow down as a response.Our economy is slowing fast, I hope this gets in under the wire. It's taking forever, while other mediocre projects hoover up demand.
News Flash: The world is still in a mess.
Canada is the best country in the world. The secret is out. Expect there to be lots of investments here now and well into the future. Don't worry about these projects not happening.
Wait what? You can't just wave your hands and declare Canada is fine economically, let alone the best in the world.
Here's an interesting piece from Washington Post which related to the current discussion. We're not making them in the same ballpark, but we are toppling national heights.
https://www.washingtonpost.com/news...st-buildings-may-come-with-a-curse/?tid=sm_fb