Canada opens door to immigrants adding fuel to hot housing market


Image by: https://pixabay.com/photos/cubic-house-architecture-house-6566412/

OTTAWA — Canada hopes more immigration can boost economic growth and allay a worsening post-pandemic labour shortage, but new migrants could pour gasoline on that red-hot housing market that the central bank has warned was stoked by “a sudden influx of investors.”

Continue to read on: FINANCIAL POST

Want to stay up-to-date on the Toronto Real Estate Market?

If you are interested in the Toronto Real Estate Market then this Report is for you. Released on a monthly basis, our Market Report lets you in on the changes and fluctuations in the real estate market

Subscribe

* indicates required