ALBERTA is going into a recession if oil prices remain down here in the 40’s. ALL those high paying jobs will be lost . what may happen is that the workers and families that that migrated there may return to Ontario because we will have a pick up in manufacturing because of the low dollar, low energy costs and the continuous low interest rates. Which will cause an even bigger demand for housing in peel and GTA or a total Canadian recession. WHICH ONE? Hold on to your hats we will so find out over the next few months
Broker Of record
Homelife/Response Realty Brokerage Inc.
4312 Village Centre Court
Mississauga, ON, L4Z 1S2