With immigration slowing, many Canadians working from home and retail slowing increasingly shifting online, what does that mean for condos, office towers and Main Street shops? Scotiabank’s Senior Economist Marc Desormeaux returns to Pandenomics – a podcast series looking at the economic impact of the COVID-19 pandemic – to examine the ramifications of the crisis on all types of real estate.
In the fifth episode of Pandenomics, Desormeaux breaks down why it’s still too early to tell whether condos or commercial real estate will be hampered for the long run, and what the data tells us thus far.
Subscribe and listen to Pandenomics on Apple podcasts or Google podcasts.