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Special Report

Canada Population

April 2024

Booming Population Growth Fuels Both
CRE Space Demand and Economic Growth

Canada’s population expanded at a record pace over the past year amid historic immigration, supporting underlying demand for commercial real estate and overall economic growth. However, a recent policy has been implemented to cap the inflow of temporary residents as affordability concerns have grown. As a result, there is reason to believe that this could slow economic growth over the coming years.  

Key Features Include:

  • Overview of Canada’s rapid population growth
  • Analysis of how this growth is impacting commercial real estate space demand
  • Outlook on how recently announced cap on temporary residents will impact CRE and overall economic performance

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