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Old Posted May 23, 2024, 3:09 PM
Crawford Crawford is online now
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Join Date: Nov 2003
Location: Brooklyn, NYC/Polanco, DF
Posts: 34,411
Quote:
Originally Posted by jaxg8r1 View Post
IStatsCan has high permit numbers but nothing that would justify population growth like this, unless of course people were living in 1bd condo's with 9 other people. Something seems strange here, particularly since many of their past estimates have proven to be wildly optimistic.
Canada really has been recording massive, unprecedented immigration. It's heavily "college" students tho, so the market may be able to absorb the inflow without needing lots of new housing. You likely have lots of newcomers just stuffed into extra rooms and the like.

And my in-laws, who have family in Toronto and Ottawa, live as you describe. Three generations in one condo or SFH. When a brother or cousin arrives from the former country, they stay in the same unit, sometimes for years.

I think the immigration policies are somewhat downshifting, so probably more of a post-pandemic surge than some fundamental change.
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