(Source: CBC News)

The rebound in the housing sector has been a critical element of Canada’s recovery from recession but economists expect it start having an even bigger impact next spring as builders catch up to the surge in demand.

“Housing starts have not come close to where they were in the fall of 2008 but they are definitely rebounding so as home builders start to crank up again they of course buy a lot of goods, hire a lot of people,” said Douglas Porter, deputy chief economist at BMO Capital Markets.

Read the full article “Housing set to really juice economy in spring” in the CBC News (December 15, 2009).

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