Canada’s commercial real estate sector will avoid the devastating collapse it faced in the recession of the early 1990s, thanks to conservative development and financing practices adopted after its last major slump.
September 8th, 2009
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Sep 09
CMHC predicts rebound in housing
Canada’s national housing agency predicts home construction to make a comeback in the second half of this year and into 2010, however economists say it could be a long time before we see the same building frenzy that has dominated this decade.