EDITED BY STAFF, TRANSCONTINENTAL MEDIA
The Nova Scotia Business Journal
TORONTO - According to the latest housing report by RBC Economics, rapid price increases in the past two years have eroded Atlantic Canada’s affordability conditions, although some improvement is on the way in
2009.
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BY NADINE ARMSTRONG, TRANSCONTINENTAL MEDIA
The Nova Scotia Business Journal
WINDSOR – Despite the current hype about a global economic meltdown, some say the best time to invest in the future is now. The Hants Regional Development Authority (RDA) has advised that the current slowdown presents an opportunity for communities, businesses and individuals to take a step back, take stock and lay the groundwork for growth.
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Friday, January 02, 2009
Catherine Deshayes
The residential property market in Canada is not at risk of a US style meltdown even if the country slips into recession, it is claimed.
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November 24, 2008 – Nova Scotia:
The Nova Scotia residential MLS® re-sale housing market defied national trends in October, posting a slight increase in the average MLS® residential price while the national average dropped 9.9 per cent. The Nova Scotia Association of REALTORS® (NSAR) reports that the average price in the province in October was $175,490, up 1.1 per cent compared to October of last year.
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Maintaining Strong and Responsible Economic Leadership
Growing evidence suggests that the U.S. and several other major economies are now in recession. Canada has weathered this downturn better than virtually any other industrialized country. Domestic demand in Canada has continued to grow at a reduced but solid pace and employment has continued to expand. However, Canada is not isolated from global developments, and the consensus among private sector economists is that Canada will experience a technical recession in the coming months
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BY JENNIFER TAPLIN, METRO HALIFAX
The Nova Scotia Business Journal
HALIFAX – Atlantic Canadians are still willing to make big purchases even in uncertain economic times. A consumer confidence survey shows Atlantic Canadians are more optimistic than the rest of the country. Consumer confidence levels in the country are at a decade low.
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Landcorp International undertakes years of due diligence before committing to any new projects. As a company we only participate in land that is earmarked for future development. Unlike companies offering greenbelt, protected land or land with no clear path to development, Landcorp only offers land designated for development. Landcorp also restricts relationships with development companies only to those who retain a large interest in the land. This is a strong indicator of their commitment to the project and the vested interest propels the company towards securing that vital authority approval.