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One More Reason To Feel Bullish
Morguard’s Keith Reading points to expected improvements in Canada’s labour market in 2014 as a reason to feel good about employment and the commercial property rental market. A stronger US economy will drive export demand and create more jobs, he says. “A weaker Canadian dollar will boost export and manufacturing employment levels,” he says. “Office and industrial rental markets are most directly tied to the overall economic and job growth trends.”
