Population Increase Boosts Canada’s Construction Industry


Canada’s real estate developers saw a blockbuster year when construction started on the most homes in over ten years. The nationwide housing demand continues to rise. According to data from Canada Mortgage and Housing Corporation, construction began on close to 220,000 units. That is an increase of over 21,000 in a year; the greatest increase since 2007. Multiple-unit projects, such as condos, reached record levels dating back to 1955. With the economy booming in Canada, now is the time to consider immigration to this welcoming country. Canadian Visa Expert has a simple process to help you apply for the visa needed to live and work in Canada.

Analysts and policymakers alike have been surprised by the construction boom. They began the year forecasting the construction sector would be a drag on Canada’s economy. The rising population and the buoyant economy made the difference. According to the Bank of Montreal economist, Robert Kavcic, the robust year for housing starts was “backed by underlying demographic support and strengthening labor markets in the country’s largest provinces.” The surge beginning in 2017 was seen across the country, starting with Ontario and reaching into British Columbia. Montreal, the second highest population city, saw an increase close to 40 percent for a total of 24,756. With a five-phase process created by Canadian Visa Expert, the Canadian worker visa procedure is simple. Their team of experts can walk you through each step of the Canadian immigration process so that you and your family can have the opportunity to begin living and working in Canada as soon as possible.

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