Tuesday, December 2, 2008

Newspapers sell doom and gloom, we could be a light in a dim economy

Today The National Post reported that the US economy has been in a recession for a year and they didn't even know it! Canada is heading into an economic recession as well. How will Guelph and the K/W area fair in the continued slowdown? Likely better than most regions in Ontario if not Canada. Our economy is diversified and is predicted to absorb many of the losses in manufacturing. Although I am cautiously optimistic, we continue to see people buying and selling real estate and coming in to see us about their mortgage financing.

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