The first week of December was a good week, economically speaking, for the Greater Toronto Area, and Canada more broadly. We had two waves of positive financial news. First, Statistics Canada announced the Canadian economy Grew in the third quarter - the first quarter of growth since the third quarter of 2008.
This was followed by encouraging employment numbers. In Canada, a whopping 79,000 jobs were created in November and the unemployment rate dropped slightly. In the Toronto area, we experienced the fourth straight month of job creation.
To read the entire article, published in the National Post on December 11th, please click below:
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Paul Magnus and Timothy J. Burke - Sales Representatives
Coldwell Banker Terrequity Realty, Brokerage - 416-366-8800