Morguard Investments Limited - Annual Economic Update
01/02/2012 9:35:00 AM
Canada NewsWire
MISSISSAUGA, ON, Feb. 1, 2012 /CNW/ - Morguard Investments Limited
("Morguard") indicates Canada's economy and real estate markets are
well positioned to withstand the potential negative impacts of the
recent financial and economic turmoil in other parts of the world.
After a period of recovery and growth Canada's economy and real estate
fundamentals approached another peak as the second half of 2011
progressed. However by the fall, the combined effects of a series of
natural disasters, social unrest in the Middle East and North Africa,
and political and financial turmoil in the US and Europe had delivered
a significant sideswipe to the positive outlook. The sense of optimism
regarding the global economic recovery was on the decline. As 2011 came
to a close, growth forecasts were being downgraded as the nation
appeared set for a period of slower economic growth.
To assist with navigating this more moderate economic and financial
outlook, Morguard's Research Group is releasing its 2012 Canadian
Market Outlook and Market Fundamentals report. The document outlines
the economic, demographic and capital market influences, major trends
and forecasts for each real estate property class, both on a national
and metropolitan level. In reading the report, readers will be
furnished with information and commentary that will assist them in
developing their own strategies and tactics in 2012 and beyond.
For a copy of the report please send an e-mail to the following address,
research@morguard.com with your detailed contact information including company name.