Forma condo. Greenland Group will invest C $400 million in Canadian real estate. Greenland Group said in a statement that it plans to build two high-rise apartments in downtown Toronto with a total floor area of 67000 square meters.Please Visit: Forma condo to Get Your VVIP Registration Today!
The project will begin within six months, targeting Chinese investors, local white-collar workers and other end customers. The Canadian government has recently tightened its immigration program. The investment decisions made by Greenland Group in this context show that it still maintains confidence in the sales prospects of the Canadian real estate market.
The Royal Bank’s consumer survey also shows that in addition to comparing prices to selective shopping, controlling aimless shopping and reducing the use of private cars, consumers think they will take other measures to deal with high prices. For example, nearly 1/3 of respondents said they might postpone their holiday plans, at least for 2012, while nearly 31 per cent said they would postpone their car purchase plans.
In May, gasoline prices alone soared by 30%, while food prices rose by 4.2% over the same period, both of which have contributed to the recent rise in food prices. The consumer outlook index (consumeroutlookindex) is now stuck at 94, down 2 points from April, when it reached 100 in November 2009. Rising prices have forced consumers to turn their attention to their own debt problems, which are worth an average of $13058, excluding home loans. Canadians will roughly make several changes to reducing their debt: reducing their debt by at least 32%, reducing spending by at least 28%, saving and increasing by at least 25%. Nearly 21% of people said they would adopt all of the above three strategies, and nearly 30% thought their debt was within their control, so they would not adopt any of these strategies.
When it comes to their future economic income, nearly 39% of people think that their financial situation will improve in the coming year, while about 42% of the people think that the country’s economy will recover well in the coming year. Among the people surveyed, people in Alberta were the most optimistic about the country’s economic recovery, with nearly 59 percent of residents believing that the country would return to economic prosperity in the coming year. Quebec residents showed the most negative attitude towards the country’s economic response in the coming year, with only 29 percent believing that the economy would improve. Overall, 42% of the population across the country think the national economy will improve in the coming year.