In our latest episode of Boardroom Brief, we delve into a topic that’s recently been making waves in the news: Canada’s immigration policy.
Known for its historically open immigration policies, Canada has consistently maintained some of the highest foreign-born population ratios among Western nations. Newcomers to Canada have played an essential role in expanding the labour markets, supporting demographic shifts, and driving economic growth. In 2023, Canada experienced its largest population growth in decades, welcoming ~1.27 million newcomers, which marked the fastest growth rate in over 60 years. While essential for addressing a declining birth rate and an aging population, this rapid expansion has also presented challenges, raising concerns around our nation’s ability to absorb the recent volume of new residents, especially in major urban centers like Toronto and Vancouver, where housing demand has long been outstripping supply.
In response, the federal government has proposed implementing tighter immigration policies to manage and reduce immigration to more sustainable levels.
Could these changes, along with a potential reduction in immigration targets, help alleviate housing shortages, or will they hinder Canada’s economic outlook and labour market needs in sectors currently facing shortages? How could this pivot toward tighter immigration policies affect housing demand, particularly in the GTA?
Join us as CEO Sasha Cucuz delves into the potential impacts of these policy shifts.
On December 20th, Greybrook successfully closed on a $42,000,000 investment completed by its managed issuer. The funds will be used to acquire and oversee the development of a prime parcel of land located at the intersection of Warden Avenue &…
Greybrook is proud to share our support towards the revitalization of The City of Cambridge’s Preston Memorial Auditorium. This contribution will play a crucial role in the ongoing renovation and expansion of the recreational facility, which will continue to serve…
This past fall, the 5th Annual Velo Blu charity ride for Blu Genes took place, bringing together over 140 participants and raising more than $400,000 for gene therapy research. Set at Peller Estates Winery, this unforgettable event highlighted the power of community…
Since sales launched last October, the low-rise, master-planned community developed in partnership with Tribute Communities has continued to attract interest from prospective buyers eager to experience the small-town charm of Lindsay. With the grand opening of the showhomes, prospective buyers…
The rise of artificial intelligence (AI) and the increasing adoption of technology across industries has led organizations to explore new ways to transform and streamline operations to stay competitive. As a result, the demand for tech talent has surged, often…
One of the most common questions we hear from investors is: How do we determine where to invest, especially as markets evolve? In today’s dynamic real estate landscape, making sound investment decisions requires a disciplined and selective approach. During a…
We’re excited to share the highlights from Inside Track 2024, our annual investor event that offers industry-leading insights and engaging discussions on the future of real estate and the broader economy. This year, attendees had the opportunity to hear from…
Greybrook and our partners PMG, are pleased to announce that pre-leasing has commenced for Society Atlanta. Located at 811 Peachtree St. NE, Society Atlanta is a 31-story tower featuring 460 rental apartments, over 87,000 square feet of office space and…
We recently had the opportunity to fly over our Archetto Towns project in Woodbridge, offering a new perspective of our 91 townhomes low-rise community. Standing out against the eye-catching backdrop of vibrant fall foliage, this exclusive collection of contemporary townhomes,…
We are thrilled to announce that our Artistry Condos high-rise development in Toronto’s vibrant Grange Park community has reached a significant milestone with the successful topping-off of the building. This achievement marks the completion of the structural formwork at its…
