Cheaper land and lower business operating costs are fueling increased demand for commercial real estate and new economic opportunities in smaller Manitoba communities outside of Winnipeg. Richard Crenian, president of ReDev Properties, noted the trend in a recent blog post. In it, he said many CRE investors “are taking advantage of lower prices in once considered …
In the past few years, Canada has seen a plethora of large businesses close shop across the country. Businesses such as Target, Sears, Gymboree, and Payless have (or are currently) closed their doors due to lackluster profits generated in Canada. With that being said, these former big-box shops are now vacant lots that desired to …
Amidst the rise of e-commerce and the ability to purchase nearly everything via your smartphone or computer, many have shown concern when it comes to the retail market. While e-commerce provides a convenient means of obtaining consumer needs, the physical retail market possesses a plethora of attributes that keep consumer traffic running steady. Marcus and …
October 17th, 2018 marked a pivotal moment in Canadian history – cannabis became legal across the country. On April 1st of this year, that moment further ignited action as legal cannabis shops officially opened in Ontario; a long-awaited feat post-legalization. The sell of cannabis via brick-and-mortar won’t seize at just Ontario, as other provinces are …
Canada is home to a multifarious of opportunities in the commercial property investment sector. From the suburban portions that boast significantly lower costs to the heart of major cities that boast convenience for consumers, there is something for everyone when it comes to commercial property investments. Towards the end of 2018, commercial property investments …
Towards the end of 2018, we saw a slow down in US GDP which has had its share of ramifications on a grandeur scale. These numbers could be an indication of a potential recession heading to Canada. For a surfeit of industries, a recession can vastly impact their market, causing significant loses. Ergo, key planning …
When deciding where you want to invest, it’s imperative that you conduct a significant amount of research into various investment streams in order to ensure you are making the optimal choice for your needs. Some investments, such as stocks or opening your own storefront, come with some potentially high risk and can be vastly time-consuming. …
The outlook for the global economy might be cloudy. Especially for China and North America. Apple’s latest downgrade in forecasts says a lot about it. Yet, you can make a plan to bundle and protect your wealth in direct investments, like solid brick and mortar assets in Canada that produce income. Review your options and …
PropTech gain popularity beyond just being known as a niche phenomenon. Venture capital investments in proptech soared from 186 million USD globally in 2011 to 12 billion USD in 2017, according to Forbes. Though it is still small compared to Fintech, the technology is still having a positive impact on real estate properties. Proptech can …
Richard Crenian and Brad Powe discuss the importance of keeping your chin up, no matter the challenges in your path. Having a negative attitude will hurt your sales and the moral and productivity of your company. A positive attitude will reduce your stress, keep you healthier and enhance your productivity – All important for business …