The outcome of the 2024 U.S. presidential election has introduced new economic uncertainties, with proposed tariff policies likely to have significant ripple effects on the Canadian real estate market. The re-election of Donald Trump signals a shift toward protectionist trade policies, including potential tariffs of 10% to 20% on all U.S. imports from countries outside of China. While these policies primarily target American trade, their impact will inevitably extend to Canada, influencing everything from construction costs to interest rates and investor sentiment.
Read More