How convoy protests could affect Canada’s housing market

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‘Safety and security and tolerance are the qualities that make Canada ... stand out on the world stage,’ says Royal LePage CEO.

It might look boring from abroad, but Royal LePage CEO Phil Soper has long maintained that Canada’s reputation for political stability is a key underpinning of our housing market, one of the country’s chief economic drivers.

“If this is over quickly, it’s a one-off incident. If the politics of division migrate their way from the U.S. into Canada, it could impact our economic future in a significant way,” he said. Douglas Porter, chief economist at BMO Financial Group, doesn’t think the Ottawa occupation will dissuade any investment or people from coming here. But he is concerned about the impact on trade at border crossings closed by protesters.

It takes a seismic event to seriously impact the economy, he said. Canadians need only as far back as last fall’s dramatic floods in B.C.

 

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Now you want to blame a 2 week old protest for years old skyrocketing housing prices? REALLY? Some serious journalism would be nice. 🙄🤔

Canadian police are using Lrad + emf against peaceful protesters

Royal LePage CEO?

I will never understand payrolls. these rules prevent people from reading stories not on FB or onesided conservative media.

Why to tweet a question and then ask people to pay for the answer? Sorry not going to pay you for simply to read someone’s opinion.

Our housing market has been filled with problems because of foreign elite investments and shell corporations buying up properties from our Canadians, so what are you really saying?

When one cant afford a house anymore or have to wait forever for a doctor's appointment if lucky enough to even have a doctor and the class sizes for students doubled, LTC's death houses,etc wouldn't it be advisable to fix this before doubling immigration numbers?

Propaganda narrative media, counters the reality Canadians are experiencing, struggling with and face. The inflation, increase taxes, interests raises, CERB and 15% layoffs from mandatory vaccinations. cdnpoli cdnmedia Canada

Why this is happening in Canadian media is THE story! Canadian Media is completely biased! Look at their narrative vs the international media coverage!! That is the real story…CBC and CTV are Gaslighting Liberal propaganda machines!! blackfacehitler

Of course they will ... FU

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