21 Dec 2012

Canadian economy to slow in 2013

Experts are anticipating a tough economic year for Canada in the upcoming year. According to recent separate reports by the International Monetary Fund and Canadian Imperial Bank of Commerce (CIBC), Canada's GDP is expected to grow just under 2 percent in 2013.

Homeowners trying to save money during uncertain economic times may want to explore self storage options. By using a self storage unit to free up space within a home, people may be able to rent out a room or even operate a small business without paying for costly real estate.

According to the experts, the fiscal cliff in the United States will also affect Canadians, as commodity prices are expected to fall.

“Having earlier tapped fiscal stimulus and a housing boom to shelter the economy from sluggishness abroad, the country’s ability to set its own course is now much more limited,” said Avery Shenfeld, CIBC's chief economist.

With Toronto's property tax expected to be up 2 percent in the coming year, homeowners will have to save money where they can.

Be Sociable, Share!
Comment

Related Articles [3]

Five Reasons Hiring a Moving Company Is Worth It

February 7th, 2020
Moving is almost always chaotic, especially if you decide to pack and move everything yourself. Without the help of your family or friends, it’s practically impossible to...

Jiffy Storage’ Ultimate Moving Checklist

March 29th, 2018
Whether we like it or not, moving is something we all must undertake at least a couple of times throughout our lives. For many people, it is incredibly stressful and...

How To Purge Before A Big Move

August 17th, 2017
Moving not only means deciding what you are going to take with you, it also means deciding what you are not going to take with you. Purging before a move is just as important...

Hammad Assan joined Jiffy Self-Storage in June 2012. He has over 20 years of experience in various Customer service, Sales and Management roles and is a Certified Self-Storage Operator through the Canadian Self Storage Association. His passion for sales and customer service has maintained Jiffy Self-Storage’s position as one of the GTA’s most successful Storage Facilities, as recognized by winning the Consumer Choice Award 22 years in a row, a perfect A+ rating with the BBB with zero complaints and a 4.5/5 Star Review rating on Google. Our tenants greatly appreciate his dedication to exceptional customer service and as a result Jiffy Self-Storage has been recognized and awarded for that. Please contact Hammad about any of your storage, parking, workspace or retail unit needs.

Leave a Comment






Recent Posts Blog Categories Archives Subscribe to RSS Feeds
Essential SSL