Economic slowdown fails to put off property investors

Why use a broker instead of a bank

An increasing immigrant population and reasonable interest rates are combining to attract the eye of global investors towards an emerging Canadian property market.

Despite a recent slowdown of 0.4% in the Canadian economy, the North American country remains an intriguing investment opportunity for anybody looking to expand their property portfolio.

The Canadian economy has made a steady recovery since the global financial crisis of a few years ago, in contrast to their U.S neighbours, and property investors have certainly taken note.

From small apartments to large scale ranches, there is a wide range of opportunities for investors to sink their teeth and their cash into.

The health of the property market is consistent with the good performance of the Canadian economy in general.

Reports show that consumer confidence is high, particularly among the immigrant population who are making their presence felt within the country.

The immigrant population of Canada is largely felt to be a hard working, prudent demographic that is turning their attention to the construction of their real estate portfolios.

The potential for renting out these properties subsequently is huge, and many external property investors could be set to establish large portfolios of their own.

Cities such as Alberta, Vancouver, Edmonton, Ottawa and Quebec all offer a variety of different lifestyles and the most difficult choice you may have is choosing where in Canada to make your investment.

Transferring money to Canada

If you are looking to invest in Canada, think carefully about how you will be transferring money to Canada. Foreign currency exchange rates quoted by banks are almost always worse than the exchange rates available through specialist currency dealers.

So if you are sending money to Canada – which you will inevitably have to do if you are looking to make a property investment - be sure to compare the market before you buy your overseas currency.

Company Details

Economic slowdown fails to put off property investors

Get a quick quote

Open Account with Currencies Direct

Currencies Direct are located at:
51 Moorgate,, Greater London,, , EC2 R6BH, United Kingdom

Get a Quick Quote

Newsletter Signup to CMT

Sign up to our foreign exchange newsletter to receive news updates directly by email

Compare Money Transfer will not Share your details!

Bank Exchange Rates Comparison

High St Bank Exchange Rate

All Rights Reserved: Copyright 2006 - 2018 Compare Money Transfer Limited offering FCA Regulated Suppliers - 34 New House, 67-68 Hatton Garden, London, EC1N 8JY. +44 (0) 843 357 4882