Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadians Have Only Fled The Country Faster 4 Times Since 1967 Canadian citizens are leaving in some of the highest volumes on record. Canadian emigrants, those leaving permanently, rose 3% from last year to 29,100 people in Q3 2024. The third quarter […]
Canada’s national housing agency just published its latest piece of fan fiction. Canada Mortgage and Housing Corporation (CMHC) has released its 2025 Housing Outlook, the agency’s forecast of various risk scenarios. The agency’s worst case scenario includes American tariffs delivering a devastating economic blow. The agency somehow sees this producing higher home prices, an immigration […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada’s Population Grew Fast, But It Was Massively Overstated Canada’s fast-growing population isn’t moving nearly as fast it led people to believe. Due to the difficulty of tracking people leaving the country, the number of remaining immigrants is significantly inflated. The national […]
Canada’s population is growing at one of the fastest paces ever, but you may have noticed it doesn’t quite feel that fast. Outside of discussions on how everyone wants to move to Canada, there’s quite a few signs the estimates are overstated. This is due to the data limitation Statistics Canada (Stat Can) can access […]
Canada’s brief immigration policy shift will have a much bigger impact than people appreciate. Statistics Canada (Stat Can) released its latest population projections, factoring in the November 2024 immigration policy changes from the IRCC. Most see the 2-year shift as too small to have much impact, forgetting that population growth went from high to out-of-control […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada To Face 2nd Largest Recession Ever If It Enters A Trade War: BoC Canada isn’t responding well to American tariff threats, and it can cost both countries a lot. National Bank of Canada (NBF) looked at the BOC modeling done back […]
Canadian real estate has seen some positive growth but won’t recover to peak valuations for another half decade. That was the take from BMO Capital Markets, who sees demand getting a boost from a few factors including cheaper, easier credit. However, they don’t see home prices returning to their peak until 2029, as a combination […]
Canadian policymakers worried about temporary residents overstaying their visas can rest easy. Statistics Canada (Stat Can) data shows that non-permanent residents left the country in record volumes in Q3 2024. New limits announced in Q4 has elected officials publicly voicing concerns that these residents may overstay their visas. However, that concern seems overblown considering the […]
Canada plans to slow its population growth next year, and it might be ahead of schedule. Immigration, Refugees and Citizenship Canada (IRCC) data shows applications for temporary residency, including extensions, declined in October. The decline comes ahead of a policy to shrink the temporary resident population, which has more than doubled over the past 3 […]
Millions of Canadian visas expire next year and the country isn’t sure how to deal with it. That became clear when policymakers fumbled in parliament when answering what Canada plans to do if people refuse to leave. The Government of Canada (GoC) expects nearly 5 million visas to expire next year, and hopes those who […]
