Comments on: Canadian Population Growth Has Real Estate “Bears Watching”: BMO

By: Dee

Dee — Mon, 21 Jun 2021 19:35:31 +0000

Welcome to the great Canadian rat race!

By: Pete

Pete — Sun, 20 Jun 2021 16:44:21 +0000

In reply to D. You are wrong . In the US now - banks, pharmacies, IT sector , school, hospitals have big shortage of staff for jobs 50 K plus with all benefits.

By: Omar

Omar — Sun, 20 Jun 2021 16:16:54 +0000

In reply to D. Population estimates include students, residents, and refugees. It literally says immigration is a part of the country, which includes temporary residents. So your narrative is 2 million people are hiding from the government in big cities.

By: Jim

Jim — Sat, 19 Jun 2021 01:45:26 +0000

In reply to Pepp. Being wealthy in a developing country brings more clout and rights than living in Canada. Why would a wealthy businessman from an emerging economy flee his homeland to live like a second class citizen in Canada?

By: D

Fri, 18 Jun 2021 23:41:57 +0000

In reply to Smaug. Since 2008, real gdp per capita is in the negative for every western nation except America, Ireland and Switzerland.

By: D

Fri, 18 Jun 2021 23:37:05 +0000

Firstly, the population isn’t 38 million but around 40 million when including students, new residents, refugees and other arrivals. Second, the worker shortage problem like in the US is completely phoney. Most people don’t want to work at a crappy gig retail/service sector job. You’ll find that any job that isn’t demeaning has thousands of applicants ready and waiting to get that $40k+ job. The problem is that Canada has a shortage of real jobs and the majority of the depressed service sector workers (nee millennials) would rather stay at home and get their gov dole than go back to working in a drudgery working environment where you have to interact with the scum of the earth.

By: Jim

Jim — Fri, 18 Jun 2021 20:43:31 +0000

Doesn’t a Ponzi scheme rely on growth to expand?

By: Ercolino Ingratta

Ercolino Ingratta — Fri, 18 Jun 2021 13:44:28 +0000

Way too early to talk about this.

By: Anthony

Anthony — Fri, 18 Jun 2021 12:42:22 +0000

And YET they say it’s a supply issue. All of a sudden, during the pandemic, there is a shortage of supply. NOT… More like economic policies

By: Pepp

Pepp — Fri, 18 Jun 2021 11:45:18 +0000

Hmmm, slow growth means overall population is still increasing.
I believe once the lock down is lifted there will be a surge because wealthy immigrants are looking for a safer place.
Infact this sudden surge might actually be larger than anyone expects especially when suppliers are basing their supply decision using current immigration numbers. For example this deceiving number might convince some suppliers to cut back, but infact once things open up a surge will come.

This is highly unpredictable in the short term, but long term we know population growth will happen.