The best recession ever.

Globe and Mail

As economists wring their hands, Canadians keep blissfully buying.

We'll call this the Great Canadian Non-recession.  The would-be homebuyers flocking to Brad Lamb's real estate brokerage are remarkably chipper for a country that's supposed to be in a recession.  Despite the ominous predictions, Lamb said buyers are confident that they'll remain employed and the value of the homes they buy will go up.  He pegged confidence at a giddy 10 out of 10 in Toronto, seven out of 10 in Ottawa and a five out of 10 in oil-dependant Alberta, compared to zero during the 2008-2009 financial crisis.

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Michael James

Michael James

Sales Representative
CENTURY 21 Capital Realty Inc., Brokerage*
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