Record Number Of Canadians Leaving & Taking Their Capital With Them
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Record Number Of Canadians Leaving & Taking Their Capital With Them
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In this news episode, we break down whats going on in the market,
- Record numbers of Canadians are emigrating, with many heading to the U.S.
- Canadians are increasingly investing in U.S. stocks ($14.2 billion in May) while pulling back from domestic real estate
- Construction costs are rising well above inflation targets due to tariffs and skilled labor shortages
- Eliminating interprovincial trade barriers could potentially add 30,000 annual housing starts
- Down payment assistance has become essential for 70% of recent Canadian homebuyers
- Seniors are reluctant to downsize, which impacts housing availability for first-time buyers
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