Canadian Market Overview
- Canada offers one of the most stable financial systems in the world
- Foreign Direct Investment reached all-time highs in 2019 after increasing more than 60% in 2018 to $51.3bn
- Real estate remains one of the most coveted investments for domestic and international investors
- Major markets including Toronto, Vancouver, Montreal and Ottawa continue to experience significant growth in real estate values and underlying market rents
- The effect of COVID-19 continues to play out in the Canadian economy, so far there has been limited impact on property values; although transaction volumes have decreased significantly as owners and investors alike assess the situation