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Property Sectors at the Crossroads of Slower Immigration and Aging Population
The departure of temporary residents, lower admissions of permanent residents, and a persistently subdued fertility rate have reversed Canada's population growth. While these shifts may be justified under current economic conditions, demographic realities suggest that international migration will ultimately need to normalize to help offset population aging and preserve Canada's long-term economic potential.
- Overview of Canada’s immigration policy changes and the long-term implications on population growth.
- Analysis of the effect of slower population growth on commercial real estate sectors in Canada and major metropolitan areas.