L Tower Construction Photo
The L Tower is a Toronto Condo project that is currently under construction. The project is being developed by Cityzen Developments and Castlepoint Realty. The Tower will be 57 floors and reach 205 meters. It was designed by world renowned architect Daniel Libeskind, and is adjacent to the Sony Centre for the Performing Arts. The Tower will be completed sometime in 2013.
Internal Interest Rates : (Factor: Positive)
The Bank of Canada has stated it's desire, to maintain the low interest rate environment in Canada. This of course will have a positive impact on the Toronto economy, it keeps people buying stuff, and it enables people to repay their debts in a reasonable fashion. Low interest rates will keep the housing market going, even as the federal government continues to tighen up the regulations regarding homebuying and builder financing. Even as hard as they try, the one area of the country that benefits the most from low interest rates is Toronto, as Toronto is the Financial Capital of the country we can turn free money, into more money through investments and trade. Read More
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