When making a property investment, you not only have to consider your own financial portfolio but also the health of the economy. Fortunately, a weak Canadian dollar might not be a conversation stopper, especially when that conversation turns to dreams of owning some lakefront property or a weekend getaway. There are numerous reasons why investing in Canadian realty during an economic slump is actually a smart decision.
A Penny Spent Locally is a Penny Improved
The Canadian penny may be a distant copper-coated memory, but the Canadian dollar is still here, and it needs our help. Buying property locally isn’t just making an excellent investment for yourself, it’s also investing in the Canadian economy, which is just being a good neighbour. The Canadian economy gains power when people buy and sell products and services within Canada. By spending your hard-earned loonies at home, you help to keep money in our economy which aids in its recovery. That means not only will your real-estate purchase help the economy, but every time you purchase gas or snacks for the drive instead of flying to the States, you’ll be helping some more.
Home That Isn’t Far from Home.
Long-distance travel isn’t just fodder for stand-up comedy; it’s expensive, it emits tons of carbon into the atmosphere every year, there are people’s kids crying, and people complaining about your crying kids. By getting a weekend getaway in your home country, you can get away from all that noise, and the money you save can be pumped right back into the Canadian economy. Gleniffer Lake is two hours away or less from Alberta’s largest cities, so you’ll never complain that your weekend is already over by the time you fly out. Instead, you can take the hours you would have wasted sitting in an airport, and spend them boating, golfing, basketballing, and beach volleyball tossing.
Taking advantage of the Canadian dollar may sound like you aren’t doing your local currency any favours, but that couldn’t be further from the truth. Every purchase in Canada helps Canada. Besides helping to grow the economy, buying your perfect weekend getaway at Gleniffer Lake reduces both your travel times and expenses. Don’t be scared of a bargain, Gleniffer Lake is the perfect vacation spot.