TORONTO-Canada’s commercial real estate has traditionally mirrored the US markets, but during the past three years the country has pulled ahead with investment cash from oil fields in Alberta, and development going gangbusters because of the country’s trusted debt handling. Two real estate leaders in the country recently talked with’s Robert Carr about Canada’s continued confidence in 2012.

Brett Miller is leaving CBRE to become president of Chicago-based Jones Lang LaSalle’s new president of Canada operations. He tells that the country’s investors have the capital to bid on great properties, with many investments outside, such as in the United States, Brazil, England and Germany. “If there’s any quality property in Canada that comes available, such as Scotia Plaza, there’s generally a very competitive bidding environment,” Miller says. The landmark tower here could draw $1 billion for a sale.

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