Your thoughts on the topic would be appreciated as I plan to invest in real estate in Ontario, Canada. THANKS.
2007-08-07 07:42:45 · 3 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
No you have a separate economy and what happens in Canada is only with Canada. Your laws views and economy is separate from ours.
2007-08-07 10:42:37 · answer #1 · answered by Pengy 7 · 0⤊ 0⤋
Different country. Though Canada is slighy affected but not to a crippling stage. You also have to look at how the Canadian government manages it money. Part of the reason I think Canada unlike the USA is not so much affect is because they are not involve in war, foreign affairs, and borrowing and getting into debt with other countries. Also they are socialist who don't mind giving up money if it means fixing their economy.
2016-05-21 00:10:55 · answer #2 · answered by Anonymous · 0⤊ 0⤋
The US Real Estate problem will not affect Canada...but depending on how your most recent loans in the last several years were structured - then Canada may go through it's own set of problems - unrelated to the US economy.
good luck :)
2007-08-07 07:48:17 · answer #3 · answered by Blue October 6 · 0⤊ 0⤋