ConstructConnect chief economist Alex Carrick is looking at where Canada and the global economy are headed in 2022 with the ongoing pandemic and the shift towards sustainability top of mind.
Carrick sees COVID-19 continuing to exert itself on the economy, but other factors such as interest rates, shifting demand for commodities and oil and gas may influence where Canada’s economy goes in 2022.
He also noted for the first time the Canadian housing market, long an indicator of economic activity, has seen more activity in areas outside Toronto than in the GTA. Office buildings and other commercial properties also face an uncertain future as COVID-19 upends conventional trends.
You can see more of Carrick’s insights on his blog and at @Alex_Carrick on Twitter.
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