The societal impacts of Canada's housing crisis
We all know Canada is experiencing a housing crisis. Did you know that we are also facing a population crisis? Based on internal birth rates alone, our population is actually on the decline.
We all know Canada is experiencing a housing crisis. Did you know that we are also facing a population crisis? Based on internal birth rates alone, our population is actually on the decline.
Demographics has become front-page news. Canada's population was 40 million in summer 2023 and within only nine months, surged to 41 million — most of that due to immigration. This growth has an enormous impact on commercial real estate.