cloudfront

Immigration Is The Reason For Canadas Growing Housing Market

06 Sep 2013


Immigration News

Canadian housing market is growing stronger each day, and National Bank Financial (NBF) believes immigration may be the answer to keep the growth steady.

Matthieu Arseneau, NBF’s senior economist argued in a report that Canada’s high level of net migration in the age group of 20-44 is underpinning a high rate of formation of new households in the country, and that has been driving housing demand. He noted that in 2012, Canada’s overall population growth in that age group was 1.1%, compared with a decline of 0.3% in the rest of the developed world. This growth was entirely driven by immigration; without the influx of new citizens, Canada’s population in this critical household-forming age group would have shrunk last year.

Mr. Arseneau wrote in the report that there is reason to believe that the reason for Canada being a favorite choice for foreign workers is because of the resilience of Canadian employment in the recent economic downturn. He insisted that in 2012, Canada’s employment rate for foreign-born residents was among the highest of the advanced economies.

For more updates on Canada follow us on Facebook.


QUICK ENQUIRY

  •  I agree to the Privacy Policy
Two Year Canadian Dream One day when I woke ...

Sxxxxx xxxxxL
Canada

CANADA VISA ( FEDERAL ...

Really good service provided on all the steps. ...

Pxxxxx xxxxx
Australia

AUSTRALIAN VISA...

Skills assessment Approved. ...

Sxxxxxxxx xxxxxxxxxxU
Canada

ACS RESULT...

Hi, We have had a pleasant experience with Opulentus. ...

Axxxx xxxxx
Australia

AUSTRALIAN VISA...

Thanks a lot to the whole team for ...

Axxxxxxxx xxxxxE
Australia

AUSTRALIAN VISA...

Hello, The experience overall was very nice.Right from start,I ...

Gxxxxxx xxxL
Australia

AUSTRALIAN VISA...

I am writing to let you know how ...

Pxxxxxxxx xxxxxxI
Australia

AUSTRALIAN VISA...

Appropriate guidance at each and every step. Opulentus ...

Nxxxxxxx xxxxx
Australia

AUSTRALIAN VISA...

Got it within time frame of 5 months ...

Axxxx xxx
Australia

AUSTRALIAN VISA...

Thanks for your valuable and professional support in ...

Sxxxxxxxxx xxxxxxI
Australia

AUSTRALIAN VISA...

View All