Canadian building investment is falling despite a wave of public incentives aimed at boosting construction. Statistics Canada (StatCan) data shows building investment fell sharply in March. Now at a 5-month low, building investment pulled back as residential construction investment fell for a third straight month. Non-residential investment moved higher, but it wasn’t the usual sign […]
Canadian real estate investment is suddenly booming again—but it’s not what it looks like. Statistics Canada (StatCan) data shows investment in building construction hit a record high in November, driven almost entirely by residential projects. Look closer, and the surge narrows fast—growth is concentrated in Ontario multi-family construction. These aren’t condos, but they’re largely corporate […]
Canadians earned less last year—but not across the board. New taxfiler data from Statistics Canada (StatCan) shows the country’s top earners barely budged in 2023, even as most earners saw their income eroded by inflation. But the real insight isn’t who made the most—it’s how they made it. As poorly targeted policies continue to penalize […]
Canadian capital is heading south—literally. Real estate transaction dollar volumes fell in May, an ominous start to the year’s busiest season for homebuying, according to CREA. At the same time, Statistics Canada (Stat Can) data shows investors pumped a record amount into US stocks that month. While policymakers double down on real estate investment incentives, […]
Canadians are paying a lot more for a lot less, even when it comes to construction investment. Statistics Canada (Stat Can) data shows that investment in building construction ended the year much higher in December. Before getting too excited, a quick dive past the headlines into the agency’s data in real (inflation-adjusted) terms tells a […]
Canada’s national statistics agency made investor-owned homes the subject of their latest data. Statistics Canada (Stat Can) took a dive through tax data to estimate the share of investor-owned homes in 2020. Confirming our observation last year, the data reveals investors scooped most of the new supply in the most affordable segment, at the expense […]
