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The Canadian economy outpaced its potential in the second quarter of 2017 and is on course for GDP growth of 3.1% for the full year according to RBC Economics.

The momentum is being driven by consumer spending, business investment and government spending.

“Canada’s economy continues to hit it out of the park,” said Craig Wright, senior vice-president and chief economist at RBC. “For the fourth consecutive quarter, we’ve seen above-potential growth, and despite the cooling of the housing market and uncertainly around NAFTA, we expect the momentum to carry through to the end of the year.”

The bank is expecting 2.2% GDP growth in 2018.

The RBC Economic Outlook sees a rebound for Alberta to lead provincial growth with GDP up 4.2%. Quebec will gain 2.8%, its strongest rate for 15 years.

 

Cleaning Tips for Instantly Improving Curb Appeal

As you may know, curb appeal refers to how your property looks from the street, where potential buyers first see it. Your home’s curb appeal can have a big impact on the sale of your property. In fact, it’s not uncommon for a buyer to drive by a listing, rather than ...

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Creating the “Wow” Effect in Buyers

It’s incredible how quickly people form first impressions. According to some studies, people can develop lasting opinions within seconds of seeing someone, something, or someplace new. That’s why, when preparing your property for sale, it’s important to do everything you can to make sure it looks attractive to buyers. Nowhere does this ...

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Is this your Year to Get Gardening?

Whether you have a large backyard or a modest balcony, gardening is fast becoming one of the most popular pastimes across the land. Homeowners have become more focused on their property’s appearance and productivity, while also recognizing how gardening can contribute to a healthy lifestyle. Whether you are interested in nurturing ...

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When to Consider Buying a “Diamond in the Rough”

Let’s face it. When you visit a home during a scheduled viewing or open house, you’re usually seeing it at its best. The rooms are tidy. The sinks are clean. The closets are organized and uncluttered. Even the lighting is set to its brightest. That’s just good old-fashioned marketing. However, not every ...

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