Finance Minister Talks Jobs with Lenders

Ontario Finance Minister Charles Sousa keynoted the inaugural roundtable of the newly formed Commercial Real Estate Lenders Association Tuesday afternoon (above, we snapped him with JLL's Amar Nijjar and Chad Gemmell, both part of CRELA's organizing committee). Amar tells us he was encouraged by Minister Sousa’s pledge to balance the budget and to bring job growth to Southwestern Ontario's manufacturing industry. “It means commercial lenders will be more comfortable lending to those parts of the province where things have traditionally been tough.” The event, which was held at JLL's Commerce Court office, saw representation from 50 different financial institutions; Amar says CRELA is looking to be the voice of the commercial real estate lender industry.

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