It is important to keep in mind that we’ve seen many housing markets moderate in countries such as Australia and the United Kingdom as the level of investor activity declined. The bulk of the slowdown has come from lower resale activity in the greater Vancouver and greater Toronto areas.
In other words, you and the cities you represent are key in building networks of knowledge and communication for your constituents – whether they are MSMEs, government agencies, students or reseachers. Indeed, this is an exciting time to be informed and empowered participants of our country’s economic growth.