Found 4 blog entries tagged as economic growth.

Newfoundland, the hidden gem off the east coast of Canada, is gaining attention as a promising real estate investment destination. Its breathtaking landscapes, thriving tourism industry, economic growth, and favorable market conditions make it an attractive option for savvy investors. In this article, we will delve into the reasons why Newfoundland real estate is emerging as the next hot investment and why it should be on your radar.

Natural Beauty and Thriving Tourism Industry

Newfoundland's natural beauty is unparalleled, with rugged coastlines, pristine lakes, and majestic mountains. Gros Morne National Park, a UNESCO World Heritage Site, lures nature enthusiasts from around the world. The province's stunning landscapes and unique wildlife…

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Canada is home to 10 provinces and 3 territories. So, why move to Newfoundland? This province is among the top options for anyone moving from within or outside Canada because of the quality of living and the exciting opportunities that await. If you’re moving to Newfoundland, this guide will help you prepare and make the transition as smooth as possible. 

Why Move to Newfoundland?

Why Newfoundland? Canada is considered one of the best places to live in the world. Therefore, you could pick any city or region in Canada and you will be able to enjoy the benefits of calling this country home. However, there are many advantages to living in Newfoundland that you should consider when planning your move.

First off, the quality of life in…

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Commercial real estate Newfoundland and Labrador

While commercial real estate in Newfoundland and Labrador represents a smaller percentage of the overall market, economic growth in St. John’s, especially in terms of the oil and gas sector, is likely to stimulate greater activity in the future. This, according to the new 2022 Commercial Real Estate Report from RE/MAX Canada. Emergence from the depths of the Covid-19 pandemic, and the slow but steadily improving economic picture has helped to bolster job growth in the province, with employment trending upward, while unemployment trends downward, hovering just below 12 per cent. 

Most employees are back to work and have been for some time. St. John’s did not experience as big a shift to work-from-home arrangements that were…

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2022 federal budget_Canadian parliament building

In early April, the Canadian government is set to reveal the 2022 federal budget, with government sources telling reporters that it will be a “back to basics” document. In other words, it is a post-pandemic budget that addresses the broad array of fresh economic challenges on the other side of the public health crisis and the geopolitical uncertainties stemming from Russia’s invasion of Ukraine.

Prime Minister Justin Trudeau is expected to release a more “prudent” budget, which scales back the myriad of COVID-related benefits and aid packages. At the same time, the Liberal budget will still need to venture through murky waters amid skyrocketing price inflation and global supply chain issues that were apparent before the…

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