Immigration Policy Shuffle Leaves Real Estate Markets Playing House
Key Points
- Canada and Australia are reducing immigration targets to man...
Looks like Canada and Australia are finally admitting they might have gotten a bit too excited with their "everyone's welcome" party invitations. As real estate markets in both nations continue their game of musical housing chairs, yesterday's DBRS report suggests it's time for a quick breather.
Maple Leaf's Reality Check
Canada's federal government is dialing back its permanent resident targets faster than a Bitcoin trader closing positions - dropping from 500,000 to 395,000 in 2025. And there's more trimming planned through 2027. But before anyone starts panic-selling their investment pr...
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