Economic Outlook

I believe the Canadian Economy will continue to grow steadily over the next year, even
with a new government now in place. The main two factors being the housing and
resource market. True, the housing market will probably not continue to grow as it has
over the past 2-3 years where most home-owners have realized massive gains. The
Bank of Canada has already said they will be most likely raising rates slightly in order to
keep inflation down. Historically, this causes the housing market to cool as the demand
for leveraged money falls. This being said, it is projected the housing market…