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Colliers Talks: A Canadian Economic Check-Up with RBC’s Claire Fan
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There has been a lot going on with the Canadian economy and commerce these days, and the situation carries plenty of implications for businesses and property owners.
New leadership in Ottawa; ongoing trade disorder with the U.S.; inflation and interest rate ups and downs; shifting labour and office markets; and consumer spending habits in flux – it all prompts the need for an economic check-up.
In this episode of Colliers
Talks, Colliers’ Head of Research, Canada, Adam Jacobs, and RBC Capital Markets Senior Economist, Claire Fan, discuss these issues and spell out what they mean for the commercial property market.
The conversation covers:
- The economic implications of the Canada-U.S. trade conflict
- Why Canada may have more room for economic stimulus spending than other G7 countries
- What Bank of Canada will do with interest rates if it sees more evidence of economic deterioratio
- Household spending and how it remains relatively strong, despite broader challenges
- Why RBC economists are not convinced Canada will experience a recession this year
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