Archive for the 'Economy' Category

Video Clip: Ian Gragtmans on BNN - May 20, 2009

Thursday, May 21st, 2009

BNN’s Squeezeplay
Topic:
Commercial Real Estate Woes
Ian Gragtmans appears with Andrew Hoffman, Chief Operating Officer at Menkes Developments Inc.

BNN Squeezeplay - May 20, 2009
 

Ian Gragtmans to appear on BNN’s Squeezeplay

Monday, February 23rd, 2009

Ian Gragtmans will be appearing on BNN’s “Squeezeplay” on Tuesday February 24th, 2009 at 5:10pm EST with special guest Stephen Sender, Managing Director and Industry Head, Real Estate for Scotia Capital.

In case you miss Ian’s appearance, we will be posting the video clip to our blog shortly after airing.

Video Clip: Ian Gragtmans on BNN - January 21, 2009

Friday, January 23rd, 2009

BNN’s SqueezePlay
Topic: Global Commercial Real Estate
Ian Gragtmans appears with Chris Tambakis, CEO of Adgar Investments

BNN SqueezePlay - January 21, 2009

 

Ian Gragtmans to appear on BNN’s Squeezeplay

Monday, January 19th, 2009

Ian Gragtmans will be appearing on BNN’s “Squeezeplay” on Wednesday January 21st, 2009 at 5:20pm EST with special guest Chris Tambakis, CEO of Adgar Investments & Development Inc.

In case you miss Ian’s appearance, we will be posting the video clip to our blog shortly after airing.

Sam Zell Speaks

Saturday, December 23rd, 2006

Sam Zell is considered one of the best real estate entrepreneurs in the World. His early years in real-estate investment could be traced back to, while an undergraduate, purchasing apartments in Ann Arbor, Michigan. He went on to create the Equity Group Investments, which spawned three public real estate companies, including: Equity Residential, the largest apartment owner in the United States, Equity Office Properties the largest office owner in the country, and Manufactured Home Communities, a mobile home company. I recently received a link to a humerous, insightful and very awakening message by Sam. To hear Sam's message, click here, turn on your computer volume and have a listen.

 

Income Trust Taxation

Thursday, November 2nd, 2006

Enormous and very impactful news this week with the Conservative Canadian government announcing that Income Trusts will be taxed in the future. The stock markets took a pounding the next day in Canada with the TSX having it's largest single drop in 2 years. Good news for our industry in that REIT's will not be subject to these taxes as long as they meet certain thresholds. Click here for a look at a press release from REALpac regarding this very subject and/or click here for an article in the Globe & Mail.

Conference Board of Canada - US Outlook

Tuesday, October 10th, 2006

The Conference Board of Canada (CBoC) wrote briefly on October 2, 2006 about the economic outlook for the US. Have a look at the basics behind the report by clicking here.

Dr. Sherry Cooper’s Economic Forecast

Tuesday, October 3rd, 2006

Dr. Sherry Cooper spoke to a large audience this morning at the Real Leasing conference in Toronto. Generally, Dr. Cooper has a very positive outlook. Some of her suggestions / predictions are as follows:

  • Canadian economy will remain strong through 2007. 
  • There has been no recession in Canada for 15 years
  • Canadian growth is slowing as a result of the current economic adjustments in the US and manufacturing changes occuring throughout Canada.
  • Canada's growth will be approximately 3 percent
  • Living standards are rising
  • Inflation rate is low globally speaking
  • Following 17 interest rate hikes by the fed, they will rest for the time being. Canadian interest rates will remain below those in the US.
  • Canadian dollar has likely peaked and should remain steady for forseable future
  • Income trusts will continue to be strong as bond rates are so low
  • There will be no overall major collapse of real estate prices in US
  • The debt to disposable income ratio is at a record high for the US and Canada
  • Wealth ratio in Canada has moved to record levels
  • Active saving rates have plummetted
  • People in the us are spending more than they are worth
  • There will be a tremendous labour shortage in cda in the 2020's and as a result we will see increased outsourcing
  • Immigration will open up more to try to off-set the labour shortage. 
  • Businesses will become more flexible with work demands in order to keep the boomers at their jobs for a longer period of time.
  • Business investment in Canada is far stronger than in the US
  • Commodity markets have likely peaked (energy, oil, base metals, gold)
  • Boomers can count on no more than single digit returns on stocks for the next 2 decades
  • The likelyhood of a recession in the US is higher than Canada
  • Canada will see continued growth of just less than 3 percent. Provincial and federal budgets are in surplus. 
  • There will be a continued rise in canadian purchaisng power