Canadian property investors are increasingly investing in Mexico as they regard the US market as not a good prospect at the moment.

As the US government continues to battle to put together a financial package to prevent recession economists are divided over whether or not the property market crisis is going to cross the border into Canada.

The average price of property in Canada has recorded the steepest decline for over ten years, according to the latest figures.

Canadian property investors are taking advantage of the economic downturn to buy bargains over the border in the US.

The property market in Canada is well balanced and prices should rise in line with general inflation, according to economists.

Canada is seeing an increase in the number of European property investors as buyers see the North American country as less risky than emerging markets and with good profit potential.

Nova Scotia is the 'hot' new area of Canada that is attracting a new generation of property investors from the UK who are fed up with the economic gloom.

Mexico is the new frontier with increasing numbers of Americans and Canadians investing in property according to one of the leading estate agents.

Property prices in Canada are showing signs of cooling after a long run of rapid increases, according to financial experts.

Lakeside properties in Canada are helping to push up prices in a market that is not yet affected by the gloom across the border in the US.

Bargain property in the US is attracting a lot of interest from foreign investors but some commentators are warning the downslide is not finished.

The Olympic factor is already affecting property prices in Vancouver, Canada, as the city gears up for an influx of visitors and investment.

Despite being unaffected by the global credit crunch Canada is likely to see a downturn in its property market within the next year, it is claimed.

Canada is the only established market in the world where the property market is semi-emerged and thus ripe for growth, it is claimed.

It is not all doom and gloom in the North American property markets. Canada is attractive to property investors as it continues to experience strong growth, both in house prices and rental returns, it is claimed.

Property affordability drops in Canada to the lowest level since the country entered a recession in 1990.

UK and other European investors are taking the first three months of the year to purchase ski property, but their locations of choice have changed somewhat.

Canadians are using more debt, and the property boom happening there could just as easily vanish as it did in the United States.

Reports indicate that a large growth that was unexpected in Canadian housing starts hit in the month of February.

Building permits in Canada fall nearly 3% and some areas see property sales fall 11% in February.

The Bank of Canada cut its key benchmark lending rate by one half point, in the hopes of stimulating the economy. At the same time, Realtors Association says records will be met this year.

In Canada's Alberta region, MLS sales have dropped but house prices have risen.

According to Scotiabank, the real estate market in Canada will continue to be strong and healthy.

The numbers for the first two weeks of February show a significant drop in the number of sales in the Toronto property market.

Reports say that the Canadian real estate market is still strong, and offers opportunities in many areas.

With latest information just available, Canadian building permits hit record high numbers in 2007. Some areas see good growth.

As a way of protecting themselves, Canadian investors keep investment money for property market north of the border.

Although there may be a need to further interest rate cuts here, the Canadian Finance Minister says the economy is still strong.

As a way of safeguarding the country from the likely recession in the US, it is likely that the Bank of Canada will cut key interest rates today when it meets.

The potential US recession may offer benefits to the Canadian housing market as people look for the better opportunity across the border.

While markets around the world plunge, Canada's resale housing market is strong, posting double digit increases in price through many of its markets.

Midland Baring financial Group Ltd announced today that it has come to financial agreement with Sante Chaleur Group to the tune of $60 million for the development of a gay specific ski resort and spa.