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Why Are So Many People Leaving Canada Now?

Canada's real estate market is facing a new challenge: the alarming trend of people and capital leaving Canada at unprecedented rates. Will this have an impact on housing? According to recent data from Statistics Canada, 106,000 people left the country for good in 2024, marking one of the highest outflows on record. Ontario, in particular, saw a significant exodus of non-permanent residents. This trend isn't limited to people; capital is also fleeing the country, with foreign and domestic investors offloading billions in Canadian securities and firms sending substantial amounts abroad. While the raw numbers seem high, as a percentage of the total population, this outflow is still below historical long-term averages. The episode explores the implications of these trends for Canada's economic future, highlighting the interconnectedness between population changes and economic health. The potential reversal in population growth and its impact on GDP per capita is discussed, alongside concerns about the loss of confidence in Canada's economic model. Viewers are encouraged to consider what these trends mean for their own decisions about staying in Canada or advocating for necessary economic reforms. 00:00 Record Exodus: Canadians Leaving in Droves 00:31 Capital Flight: Investors Pulling Out 00:41 Understanding the Numbers: Population vs. Percentage 01:38 Debunking Myths: Statistics Canada Data 02:15 Economic Implications: What This Means for Canada 03:52 Capital Outflows: The Financial Exodus 05:21 The Bigger Picture: Confidence Crisis 06:38 Future Outlook: What Lies Ahead for Canada? 08:30 Conclusion: Reflecting on Canada's Economic Future 1 week FREE trial - Canada's fastest-growing real estate community: https://www.skool.com/realist/about?r... Use ai to do your next real estate transaction: https://valery.ca/ #realestate #investing #investment #canada #canadianrealestate #realestateinvesting #realtors #mortgages #immigration #emigration #canadaimmigration