Immigration to Fuel Apartment Market Growth

The apartment sector in Western Canada is poised to grow this year, writes Mario Toneguzzi, with several key demographic fundamentals driving the market and industry executives expecting a new influx of people into big-city cores.

At the virtual Western Canada Apartment Investment Conference this week, Michael Ferreira, the managing principal of Urban Analytics, said one of the biggest factors driving demand in Vancouver, Calgary and Edmonton over the next few years will be the increase in immigration.

Read more on the impact of immigration on the Western Canada market here: