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The Fight Against Inflation – Where Are We Heading

Inflation from 2023 is coming down from where it was–hopefully to a point where things like groceries can be afforded by families, and that the average business can function. We’ve heard of businesses who had to close because their costs of goods were too high and they couldn’t pass that on to their customers, or it’s affecting their business as a result. The good news is that I think this year, it would turn around.

One of the main reasons why we got into the real estate business was learning how to protect my investments and hedging them against inflation. For me, the answer was real estate, and it still is a great way to protect investments. This is also why we’ve seen a lot of clients invest in real estate with InvestPlus because they want that hedge against inflation as well. And for this year, we’re headed in the right direction.

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What’s shifting in the marketplace – Looking ahead into 2023

What we’ve seen that’s different from the transition of 2022-2023 is that at least for the Bank of Canada, there is light at the end of the tunnel in terms of keeping inflation somewhat tamed or maybe even lower. This gives investors a bit of confidence that we are not going to have such a tumultuous year like last year. The previous year was a year filled with uncertainty. While it was a much needed effort in trying to keep inflation under control, it really made a lot of investors nervous! Once you have a market that you can somewhat predict or make decisions on, you will see a lot more activity. Given that, I think we are going to have a better year.

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Positioned for Success – Macro Global Economics & InvestPlus REIT

The global macro picture is going to be favorable for Western Canada. It’s opening up people’s eyes on how critical it is to have security in energy. In a big wat, this has opened up the doors for global manufacturers to look at Alberta and Saskatchewan as placed where they can sustainably and reliably manufacture their goods, knowing that they have a resource base and that they have energy supply.

There are always other parts of the world which was brought to light by the war in Ukraine where companies had to shut down just to ration the energy that they had. From a standpoint of global risk and global positioning, we’re positioned very well. In terms of responsible energy, Alberta and Saskatchewan are doing that.

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