Scotiabank Mexico Business Overview
CA: Demographics and Housing Market
Population Growth Rebounding
Canada
Immigration Pushing to Record Levels
2.0
annual % change
⚫. Euro Area
1.5
Japan
France
United States
500
Proposed Immigration
000s
United Kingdom
Italy
450
400
350
Annual Average Immigration
1.0
300
250
0.5
200
0.0
150
100
-0.5
50
0
-1.0
08 09 10 11 12
13
14 15
16
17
18
19
20 21 22
Sources: Scotiabank Economics.
70s 80s 90s 00s 17 18
Sources: Scotiabank Economics, Statistics Canada, Ministry of Immigration, Refugees &
Citizenship Canada.
19
20
21
22
23
24
Canadian Residential Housing Inventory Rising
Housing Supply Still Tight in Key Markets
12
months of inventory, SA
10
Toronto
8
units per 10,000 pop.,
end of period
Vancouver
18
16
units per 10,000 pop.,
end of period
Multi-Unit
8
16
4
Литить
Multi-Unit
14
Single-
Detached
6
Single-Detached
12
2002-20
10
average
4
1992-2020
8
average
6
2
4
2
2
0
0
0
03 04 05 06 07 08 09 10 11 12 13 14 15 16 17
18
19 20 21 22
92 96 00 04 08 12
Sources: Scotiabank Economics, Statistics Canada, CMHC.
16 20
02 04 06 08 10 12 14 16 18 20
Sources: Scotiabank Economics, Statistics Canada.
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