In the aftermath of the most recent presidential election, Richard Crenian is looking at the commercial real estate market, and how newly elected President Trump, might affect the markets.

It appears as though many investors in the markets bet against a Trump win the election. However, now that the uncertainty is over, there is obviously going to be some kind of reaction in the markets; especially the commercial real estate markets. Richard Crenian has an idea of what that reaction might be.Until we see the actual results that the new administration can accomplish, predictions are simply going to be based on speculation. However, President Trump clearly lists his agenda online for the public to see, and from the information available, Richard Crenian expects some major reversals ahead.

Rates & Energy

Canada’s oil and gas companies in the west have already announced increased capital spending plans for 2017, more than 70%. This is most likely in response to the expectation that Trump will fast track the approval of the Keystone XL pipeline. However, higher interest rates could hamper some corporations and investment types across the board.

In reaction to these trends, it is highly likely that family offices and complex individual investors will be moving more of their portfolios over to direct investments or investing through smaller private partnerships in commercial real estate, in order to eliminate some of the risks.

Western Canada’s Economic Recalibration

Western Canada has definitely had some noticeable economic challenges as of late. The fall in oil prices, the stalled Keystone XL pipeline plan and the exit of some older and well-established businesses have all been a part of this.

According to Richard Crenian the shocking result of the of the US presidential election and the displeasure of American based tech firms should be seen as a positive for Western Canada.