Canada’s one stop platform and the #1 National voice to the rental housing industry

Immigration

WEEK OF JANUARY 16 2023 NEWSREEL WITH KERRY CHANDLER

Posted in Immigration

WEEK OF JANUARY 16 2023 NEWSREEL WITH KERRY CHANDLER

Today we’re talking immigration, migration and emigration numbers according to statistics Canada and the effect on our industry.

read more

HISTORIC RECORD OF 432,000 NEW IMMIGRANTS CAME TO CANADA IN 2022

Posted in Immigration

HISTORIC RECORD OF 432,000 NEW IMMIGRANTS CAME TO CANADA IN 2022

The door for immigration into Canada widened even further in 2022, allowing a total of 431,645 new permanent residents in the country — a new all-time historic record. This exceeds the previous record made in 2021 when 405,750 immigrants were recorded. Before the records of 2021 and 2022, the last time Canada welcomed this many immigrants was in 1913. Over the course of 2022, the federal government processed about 5.2 million applications for permanent residence, temporary residence, and...

read more

CANADA WANTS TO WELCOME 500,000 IMMIGRANTS A YEAR BY 2025. CAN OUR COUNTRY KEEP UP?

Posted in Immigration

CANADA WANTS TO WELCOME 500,000 IMMIGRANTS A YEAR BY 2025. CAN OUR COUNTRY KEEP UP?

Every year, Canada adds a big city – in a sense. The mass of individuals are spread around, mostly to urban centres, but increasingly to suburbs and far-flung communities. They are here to work, to study, to build a better life. The expansion is historic. From July to September, Canada’s population grew by around 285,000, a 0.7-per-cent gain that was the largest since Newfoundland joined Confederation in 1949. More than 700,000 people have been added over the past year, roughly the same as the...

read more

REFUGEE HOTELS FILL UP AS SURGE IN NEWCOMERS HITS CALGARY’S TIGHT RENTAL MARKET

Posted in Immigration

REFUGEE HOTELS FILL UP AS SURGE IN NEWCOMERS HITS CALGARY’S TIGHT RENTAL MARKET

It looks like an ordinary hotel from the outside, but walk into the lobby and something feels different. Gone are business travellers and tourists. Now the clientele here is exclusively made up of refugees, mostly from Afghanistan. Two women in hijabs sit behind what used to be the hotel’s reception desk. The busy lobby is filled with quiet conversations in languages like Pashto and Dari. Nobody is going anywhere in a hurry. This is one of two hotels in Calgary that are now filled with...

read more

CANADA’S IMMIGRATION PROBLEM: NOT ENOUGH HOMES FOR NEWCOMERS

Posted in Immigration, Vacancy Rates

CANADA’S IMMIGRATION PROBLEM: NOT ENOUGH HOMES FOR NEWCOMERS

Canada’s bid to attract a record number of immigrants, required to fill job openings and drive economic growth, has run into a bottleneck: There aren’t enough residences to accommodate these newcomers. Immigration into Canada is on pace to hit a record high in 2022 of 431,000, following the entry of about 405,000 the previous year, and the country is targeting entry of another 900,000 newcomers in 2023 and 2024 combined. Because of immigration, Canada’s population over the past half-decade...

read more

EXEMPTIONS FOR PERMANENT AND TEMPORARY RESIDENTS AS CANADA FOREIGN BUYER BAN STARTS IN JANUARY

Posted in Immigration

EXEMPTIONS FOR PERMANENT AND TEMPORARY RESIDENTS AS CANADA FOREIGN BUYER BAN STARTS IN JANUARY

Canada immigration news: Permanent residents and temporary residents, including temporary workers and international students, are to be exempt as Canada bans foreign nationals from buying homes starting January 2023.  The measures were part of Bill C-19 – the Budget Implementation Act, 2022 – which received royal assent on June 23, as the federal government looks to cool the hot housing market.  Finance Minister Chrystia Freeland says the ban on foreign ownership of homes is needed to curb...

read more

B.C. DEVELOPER FREEING UP EMPTY RENTAL UNITS FOR REFUGEES

Posted in Housing, Immigration, Industry Trends, Newsworthy

B.C. DEVELOPER FREEING UP EMPTY RENTAL UNITS FOR REFUGEES

With the help of developers, non-profit groups are finding a way to put the untold number of empty apartment units across the region to far better use. There are rental buildings that are partially vacant as they await redevelopment. Tenants are notified that eviction is pending, and so they often vacate early. These units can sit empty for months, even years. Since October, Concert Properties has been renting some of their empty units to refugee claimants at the below-market rates set by B.C....

read more

NEARLY A THIRD OF EDUCATED YOUNG IMMIGRANTS PLAN TO LEAVE CANADA

Posted in Immigration, Industry Trends, Newsworthy

NEARLY A THIRD OF EDUCATED YOUNG IMMIGRANTS PLAN TO LEAVE CANADA

The Canadian government, facing an aging population and a shortage of skilled labour, is pushing hard to increase immigration with a plan to welcome about 400,000 newcomers annually over the next three years. But Canada is seeing pushback from the very immigrants the country hopes to attract and retain – young university graduates with marketable skills, according to a new Leger survey conducted with the Institute for Canadian Citizenship (ICC). The survey found that 30 per cent of 18 to...

read more

CANADA SEES ALL-TIME RECORD FOR IMMIGRATION, BLOWING AWAY HISTORIC FLOWS

Posted in Immigration, Industry Trends, Newsworthy

CANADA SEES ALL-TIME RECORD FOR IMMIGRATION, BLOWING AWAY HISTORIC FLOWS

Newly released population estimates by Statistics Canada for the fourth quarter of 2021 show an all-time record for immigration for any quarter and year since records began post-war in 1946. A total of 405,750 immigrants were recorded throughout 2021, with 138,182 in the fourth quarter alone. Immigration flows grew throughout the year, with 70,467 in the first quarter, 74,353 in the second quarter, and 122,748 in the third quarter, the second highest quarter ever. The record volumes for the...

read more

REAL ESTATE ICON OFFERS HELP TO UKRAINIAN REFUGEES

Posted in Housing, Immigration, Industry Trends, Newsworthy

REAL ESTATE ICON OFFERS HELP TO UKRAINIAN REFUGEES

Calgary real estate mogul Bob Dhillon is ready to provide a helping hand to those Ukrainians fleeing their war-torn homeland who seek shelter in Western Canada. Dhillon, founder and CEO of the Mainstreet Equity rental property organization that currently has 16,000 apartments spread from Winnipeg to Vancouver Island, said he is determined to do whatever he can to provide support for people displaced by the fighting. He is waiting to find out exact details of how the federal government plans to...

read more