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.
The Greybrook U.S. Multifamily Income & Growth Fund has completed its acquisition of Evolv Apartment Homes, a 334-suite garden-style community in Mansfield, Texas. It is the Fund’s third property, and it establishes Dallas–Fort Worth as our second core market, alongside…
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An oil shock has pushed Canadian inflation to around 3%, and on October 28 the Bank of Canada raised rates by a quarter point, even as the economy softens. With the U.S. midterms and a federal budget unfolding in the…
Greybrook Securities CEO Sasha Cucuz recently joined fellow industry leaders to tackle the economic pressures shaping the future of Canadian housing. Speaking at the Veritas 14th Annual Great Canadian Real Estate Conference, Cucuz participated in a highly anticipated panel discussion…
Listen to this article: It is difficult to find a market conversation today that does not eventually lead back to interest rates. For Canadian advisors, there are particularly good reasons to be paying attention. U.S. Treasury yields have moved materially…
Last season, Greybrook became the first-ever lead sponsor of York Lions Men’s Hockey. This year, extending that support to the women’s program was a natural next step and reflects something we believe deeply: sport shapes future leaders. It is an…
Greybrook team members rode in support of the 7th Annual Velo Blu Charity Bike Ride in Niagara-on-the-Lake, helping raise $270,000 to advance research into rare childhood diseases and gene therapy through the Blu Genes Foundation. Held at the scenic Peller…
On Sunday, September 20, Greybrook joined runners, walkers, volunteers and community supporters at the 17th Annual Constantine Yorkville Run, coming together to raise funds for charities making a difference across Toronto. As a Presenting Partner, Greybrook was proud to once…
Members of Greybrook’s Institutional Capital Markets team recently attended and sponsored Future Proof Festival, the world’s largest four-day wealth management festival, held in Huntington Beach, California. As part of its sponsorship, Greybrook supported the QWealth Canadian Lounge, a dedicated gathering…
Lindsay Heights, our low-rise, master-planned community in the City of Kawartha Lakes, is set to welcome one of its most anticipated neighbourhood retail additions with the opening of a Walmart Supercentre. Located at the northwest corner of Lindsay, at Highway…
