Greater Toronto residents are fleeing for other parts of the country at an alarming pace, indicating opportunity may be outside of the hub.
Canadians are fleeing expensive cities and heading to distant small towns. RBC economist Carrie Freestone looked at population growth in their latest research note. The bank found “resort towns” are seeing the fastest growth in the country. In general, distant suburbs of major cities are growing the fastest. This can create a long-term boom for […]
Canada’s largest cities are seeing the struggle to keep locals heat up, as small cities up their game… or big cities drive locals out. We unpacked the latest Statistics Canada (Stat Can) data for migration in 2021. The largest real estate markets are losing locals, and becoming dependent on immigration. Meanwhile, rural areas are gaining […]
Canadians are re-evaluating their housing situation, and it’s sending many to new provinces. Statistics Canada (Stat Can) data shows a significant interprovincial migration in Q3 2021. This is the flow of Canadians looking to improve their quality of life by moving to a new province. Since Ontario’s home prices have begun to surge, the province […]