More recent immigrants becoming homeowners, driving Canada’s housing market
A report by Scotiabank, a major Canadian financial institution, has found that immigrants are a major force driving the Canadian housing market. According to the report, recent immigrants are making a faster transition from renting homes to owning homes than in the past. Homeownership rates among all immigrant groups increased between 2001 and 2006. “The biggest increase [...] [...more]
, has reached a new 20-year high in terms of population numbers, largely because of immigration. )
