Episode Info
In this episode we speak with ConstructConnect chief economist Alex Carrick about where Canada and the global economy are headed in 2022
Carrick sees the COVID-19 pandemic continuing to be the most influential force on the economy, but other factors such as interest rates and shifting demand for commodities and oil and gas may influence where Canada’s economy moves I the next year.
He also noted for the first time the Canadian housing market, long an indicator of economic activity, has seen more activity in areas outside Toronto than in the GTA. Office buildings and other commercial properties also face an uncertain future as COVID-19 upends conventional trends.
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