Updates and News
Text Size: Decrease Increase
Romspen 2014 Economic Outlook

February 14, 2014

As we embark on our 48th year of mortgage investing, the economic outlook in 2014 is quite different than in 1966 when Romspen was founded. In 1966, the Canadian economy was growing at more than an 8% rate, unemployment was 3.5% and the monetary and fiscal authorities were implementing measures to slow down what was then the strongest expansion in the post war period. As long term investors, we know that business and credit cycles will wax and wane. The key to long term investment success is to execute on a clear plan with a built-in margin of safety. While the operating climate of 2014 is different than the environment we encountered in 1966, Romspen's focus on capital preservation remains constant.

Website by Zoom Designs.
Copyright © 2008 Romspen. All rights reserved.