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Population Plateau Exposes Developers’ Overdependence on Demand Rising

Summary by The Deep Dive
British Columbia lost 2,357 residents in Q1 2025 and Ontario shed 5,644, which Statistics Canada calls “the largest quarterly loss since records began in 1951.” The numbers look small against recent inflows, yet the shift amputates the core engine of big-city housing demand. Developers feel the cut first. Wesgroup Properties and Rennie Group have begun layoffs. Polygon Homes owner Michael Audain is publicly urging Ottawa to relax its two-year fo…
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the deep dive broke the news in on Thursday, July 3, 2025.
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