The Bank of Montreal forecasts that the current weakness of the Canadian dollar is set to worsen. The mortgage lender’s chief economist Doug Porter says that he expects the loonie to drop to 75 cents (US) over the next few months; good news for exporters but not so great for consumers and the overall economy. There are concerns that the weaker currency will also further fuel foreign investment in Canadian real estate, adding further pressure to the hottest housing markets. At 4am Monday the loonie was valued at U$0.7685.
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About Me
- Jackie Goodlet, Broker
- GTA, Ontario, Canada
- A New Sales Record Has Been Achieved By The Jackie Goodlet Team Who Work Out Of The Whitby Office And Specializes In High End Resale And New Home Sales. According To Broker Dave Pearce The Jackie Goodlet Team Wrote More Transactions Than Anyone Else In The 30 Year History Of Our Firm. Their 255 Transactions Had A Total Volume Of More Than $185,000,000 (185 Million). With Over 25 Years Experience In The Business The Jackie Goodlet Team Has Acquired A Wealth Of Knowledge In All Areas Of Real Estate Including Resale, New Builds, Cottages, Lease, Condos, Vacant Land, Investment And Commercial Properties. With Exceptional Negotiating Skills We Are Confident We Can Save You Time And Money On All Your Real Estate Endeavours. We Look Forward To Hearing From You And Your Referrals Are Always Welcome And Rewarded!
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