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Economic and Commercial Update – March 2011


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Following are some notable mentioned from the video presentated by Jason Mercer of the Toronto Real Estate Board

  • Gross Domestic Products grew 0.5% between January to March 2011
    • Manufacturing lead the way with increase of 2.8%
    • Transportation and warehousing grew by 1.2%
  • Low interest rates
    • Businesses take advantage of new machinery and increase efficiency
    • Hiring more employees

 

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