| With the United States experiencing a worsening | | | | The service sector is also strong and includes civil, |
| sub-prime housing crisis, and its economy showing | | | | mechanical and process engineering, finance, higher |
| some signs of slowing down, a lot of prospective | | | | education, and research and development. In 2002, |
| investors in the North American property market are | | | | the French-speaking city ranked as 4th largest center |
| likely getting a bit anxious about the future. | | | | in North America in terms of aerospace and |
| However, many see the potential of investing in the | | | | technology jobs. |
| real estate market of Canada, because of its steady | | | | Canada's Property Sector Remains Financially Sound |
| investment and tourism potentials. As it seems, | | | | In fact Canada's continued property market success |
| America's ongoing concerns with the housing and | | | | is a direct reflection of the strength of the nation's |
| credit markets does not seem to be exacting a | | | | economy. Canada with its wealthy energy sector, |
| heavy and significant toll on its neighbor to the north. | | | | Canada with its affluent city centers, and Canada |
| Quick Facts About Montreal | | | | with its strong levels of inward migration is fuelling a |
| Montreal is the second-largest city in Canada, and is | | | | booming real estate cycle with no end in sight for this |
| the largest metropolitan area in the province of | | | | particular period of property price appreciation |
| Quebec. It was formerly the largest city in Canada, | | | | meaning that now could well be an exceptional time |
| and it is now known as one of the largest | | | | to move into property in Canada. |
| French-speaking cities in the world along with Paris | | | | According to the Canadian Real Estate Association, in |
| and Kinshasa. | | | | spite of the third quarter dip, the country is heading |
| The population of the Montreal Metropolitan Area, | | | | towards its best year ever. And even if it falls short, |
| which is also known as the Greater Montreal Area, | | | | the market hasn't hit a serious slump in any manner. |
| was 3,635,571 at the same 2006 census. In 2007, | | | | With tourism in Canada on a steady upswing and |
| Montreal won the distinction as being ranked the 10th | | | | prices here still relatively low in comparison to other |
| cleanest city in the world. Montreal is a vital | | | | parts of the world, the market remains of interest to |
| commercial, industrial, cultural, financial, and world | | | | foreign investors. Canada as a whole holds a 2.9% |
| affairs center. The city's major industries include | | | | share of the world's total tourism demand, according |
| aerospace, pharmaceuticals, printed goods, | | | | to data from the World Travel & Tourism |
| electronics, software engineering, telecommunications, | | | | Council. The country is expected to attain a potential |
| textile and apparel manufacturing, transportation and | | | | tourism growth rate of about 4.7% per annum until |
| tobacco. | | | | 2017. |