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As Canada's population growth slows, an economic shift emerges

Canada’s rental market faces 16 months of falling rents and a 3.5% drop in housing starts as immigration cuts reduce demand, especially in Ontario and British Columbia.

  • On March 8, 2026, Canada is expected to record a second straight year of zero population growth after the federal government cut immigration targets 16 months ago, slowing demand,
  • Economists caution that it is difficult to isolate population growth effects from broader economic forces, while consumer resilience and other offsets can mute the impact of slower population growth.
  • Housing indicators reveal asking rents fell 2% to $2,057 in January, condo inventory is rising, and CMHC reported a 3.5% decline in starts, indicating a slowdown.
  • The outlook shows potential economic output will be limited, with housing market stagnation likely until around 2028, according to experts and TD Bank economist.
  • Broader risks include geopolitical uncertainties in CUSMA/trade dynamics, offsets like Bank of Canada's interest rate cuts, and the detached housing market remaining less affected.
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14 Articles

Winnipeg Free PressWinnipeg Free Press
+10 Reposted by 10 other sources
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As Canada's population growth slows, an economic shift emerges

Breaking News, Sports, Manitoba, Canada

·Winnipeg, Canada
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  • 50% of the sources lean Left, 50% of the sources are Center
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The Toronto Star broke the news in Toronto, Canada on Sunday, March 8, 2026.
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