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1. Increased Housing Demand Population Growth: Immigration is a primary driver of Canada’s population growth. With higher immigration levels, the demand for housing—whether rental or ownership—rises significantly. More people require places to live, leading to an increase in housing demand. Urban Concentration: Immigrants tend to settle in major metropolitan areas like Toronto, Vancouver, and...

1. Government Measures: Foreign Buyer Taxes: In recent years, several provinces, including British Columbia (BC) and Ontario, have introduced taxes aimed at reducing foreign investment in real estate. For example, BC has implemented the Foreign Buyers Tax, which levies a higher property transfer tax on properties purchased by non-residents of Canada. Ontario also introduced a similar measure,...