Canadians Leaving the Country in Record Numbers, With Nearly Half of Departures From Ontario
Rental prices are no longer rising at the same rate as they did in recent years, the report found, including in the country’s most expensive rental markets of B.C. and Ontario
Emigration rates soared to unprecedented levels in Canada last year driven by the ongoing housing shortage and the cost of living crisis, a new report suggests. One province in particular accounted for nearly half of these departures.
More than 81,601 residents left the country in 2024 and 39,430 of them were from Ontario, a report from rental platform liv.rent found. Ontario is the most densely populated province in the nation, but its 48 percent share of departures is notably greater than its 39 percent share of the total population of Canada. ---More...
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