Canadians aren’t just sending money abroad—they’re sending themselves. Statistics Canada (StatCan) data shows emigration climbed again in Q2 2025, setting a record for Canadians permanently leaving over a 12-month period. The steady climb underscores Canada’s failure to compete, as more talent and capital head for greener pastures. Emigration and Why You Should Care Emigration is […]
Canada’s population slowdown hasn’t trimmed home prices nearly as much as rumoured. Canadian Real Estate Association (CREA) data shows the national benchmark is down sharply, but only two provinces have seen real corrections as of August. The other eight hit all-time highs within the past year—six of them in the past quarter. Are these markets […]
Canadian households are once again piling on debt faster than their incomes can keep up—if they ever stopped. Statistics Canada (StatCan) data show the household debt-to-income (DTI) ratio climbed for a third straight quarter in Q2 2025. It’s still below the 2021 peak, but that drop has less to do with deleveraging and more to […]
Canada’s economy just keeps taking hits—the latest is this morning’s job report. The unemployment rate climbed sharply in August, according to Statistics Canada’s Labour Force Survey. What was once a demographic issue is now a demand problem. Real job losses are materializing, and they’re not limited to trade-exposed sectors. The data points to a deeper […]
The kids are not alright, according to a new report from one of Canada’s Big Six banks. Statistics Canada (Stat Can) data shows the youth unemployment rate saw a sharp uptick in July, and has climbed to the highest level since 2010 (excluding pandemic). BMO notes that rising unemployment is typical in a recession, but […]
Canada’s big bet on lofty immigration targets was meant to boost GDP. But it flopped—OECD data shows Canada’s growth lagged the 38-country average. The strategy didn’t just fail to deliver; it left Canada trailing its advanced economy peers. Canada Led The OECD for Population Growth, Used Immigration As Stimulus Canada made a big bet on […]
Canadian interest in U.S. migration faded after the Great Recession—that’s reversing fast. In 2023, Canadians granted permanent residency hit a multi-year high, according to the U.S. Department of Homeland Security’s (DHS) latest data. It’s easy to dismiss the data as lagging the narrative of rising hostilities, but that’s unwise. Canadians kicked off 2025 by permanently […]
Canadians are packing up and leaving for good, and high home prices may be a major contributor. Last week we discussed Statistics Canada’s (Stat Can) emigration data showing 2025 saw one of the biggest Q1 outflows on record. Breaking that data down by province reveals the largest source of emigrants is Ontario. Combined with BC, […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada’s Economy Contracted Modestly. Can It Avoid Recession? The Canadian economy kicked off spring with an unexpected contraction, as monthly GDP fell 0.1% in April—below the market consensus for growth. An upward revision to the previous month’s data left output roughly in […]
Canada’s temporary population boom may be over, but its long-term resident outflow is just beginning. Statistics Canada (Stat Can) data shows emigration—the act of citizens or permanent residents permanently leaving—jumped higher in Q1 2025. Canadians left in the second-highest Q1 volume on record—a trend that’s only gained momentum since the pandemic. Canadian Emigration: It’s Like […]
