CANADA’S GEORGIAN BAY: AN IDYLLIC ESCAPE PLAN FOR AMERICAN INVESTORS
On the Canadian side of Lake Huron, Georgian Bay is one of the great lakes most beautiful regions. Bordered by two peninsulas, Georgian Bay is home to dozens of small islands and stunning coastline for visitors to explore, whether by sailing ship, or on a more maneuverable kayak or canoe. On top of that, the region is home to over 30 lighthouses, dozens of beaches to discover, hiking opportunities and even boast skiing and winter activities!
Don’t have a boat? Don’t worry. Georgian Bay is only four hours north of the Detroit border along highways that take you through impressive examples of Canada’s rocky and rugged terrain.
While many Canadian “snowbirds” migrated south for the winter when the Canadian dollar was high, now is a great time for Americans to take advantage of the exchange rate and flock towards the northern horizon. The Canadian dollar is expected to stay low over the next few years which means that American vacation savings will go farther, so visitors can take advantage of the “cottage” style homes and delicious restaurants on the Georgian Bay landscape.
Though urban regions like Toronto and Vancouver, often claim Canada’s vacationing headlines, northern Ontario is the most popular place for city dwellers in Toronto and the GTA. Going to the cottage, or summer home, is how Torontonians like to spend their summers and many make the 90 minute drive up to Georgian Bay on the weekends. With hot summers ahead, the region is planning for more tourists by incorporating new developments such as Oak Bay, with a marina and golf course, into the region’s municipal plans.
If you are looking for a home away from home (and a presidential escape plan) look no further than the protected region of Georgian Bay. Contact us to find out how you can take advantage by investing in Oak Bay.