Auto industry crashes, TSE reaches new yearly low, unemployment edges up, another business goes bankrupt. I am tired of it. Yes we are in a deep recession. But we are not a depression.
There are lots of people working. The national unemployment rate is 7.2%, which means the employment rate is 92.8%. On Feb. 19, CMHC predicted resale housing prices to drop only 5.2% in 2009. Which means the investing in home improvements now is a good investment looking into the future. A well planned and executed renovation of the home areas where a home value improves the most – bathrooms, kitchen, and painting will continue to add value.
Retailer pricing may be very competitive this year in order to mover stock. Add the rebates of the Federal budget and the multiple environmental energy rebates, there are lots of incentives to get going!
And as far as my business - it has never been brighter. Off grid washrooms using composting technology, green focused building and renovations and fine outdoor structures. Lots of very creative and worthwhile projects coming! Our Mississauga based youth program, Erin Mills Youth Outreach Program, a United Way of Peel agency is also growing and doing great work with kids that need a helping hand. (“Youth with potential”)
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