COMPAS Poll/Survey
November 14, 2011

Part 1: Investment Advice, First of Two Reports on Housing

Housing Investments-Flight to Canadian Safety, Not U.S.

  Weekly CEO/Business Leader Poll by COMPAS in Canadian Business
Policy and Opinion
Consumer and Lifestyle
Business and Finance
In the wake of much public discussion about the vulnerabilities of the Canadian housing market, CEOs and business leaders in the COMPAS business panel were asked about where in real estate they would recommend investing. Despite much lower prices in the U.S., panelists did not recommend going south of the border. They recommended instead
  • Canada's most important city, Toronto;
  • Saskatchewan given its current and prospective boom; and
  • Alberta, for long an economic magnet.
These are the key findings from this past week's Internet survey of CEOs and business leaders on the COMPAS panel. Next week's report looks in some detail at panelists' perceptions of upward and downward pressures on real estate prices and estimates of a downturn.The weekly business survey is undertaken for Canadian Business magazine.

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