Morguard Investments Limited - Annual Economic Update

MISSISSAUGA, ON, Feb. 1, 2012 /CNW/ - Morguard Investments Limited ("Morguard") indicates Canada's economy and real estate markets are well positioned to withstand the potential negative impacts of the recent financial and economic turmoil in other parts of the world. After a period of recovery and growth Canada's economy and real estate fundamentals approached another peak as the second half of 2011 progressed. However by the fall, the combined effects of a series of natural disasters, social unrest in the Middle East and North Africa, and political and financial turmoil in the US and Europe had delivered a significant sideswipe to the positive outlook. The sense of optimism regarding the global economic recovery was on the decline. As 2011 came to a close, growth forecasts were being downgraded as the nation appeared set for a period of slower economic growth.

To assist with navigating this more moderate economic and financial outlook, Morguard's Research Group is releasing its 2012 Canadian Market Outlook and Market Fundamentals report. The document outlines the economic, demographic and capital market influences, major trends and forecasts for each real estate property class, both on a national and metropolitan level. In reading the report, readers will be furnished with information and commentary that will assist them in developing their own strategies and tactics in 2012 and beyond.

For a copy of the report please send an e-mail to the following address, research@morguard.com with your detailed contact information including company name.

SOURCE Morguard Investments Limited

For further information:

KEITH READING
Director, Research
Morguard Investments Limited
55 City Centre Drive, Suite 800
Mississauga, Ontario L5B 1M3
P 905.281.5345
kreading@morguard.com

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