Canada will change how it counts non-permanent residents, the main statistics agency said on Thursday, after an economist said the current methodology may have overlooked about a million foreign students, workers and others.
What’s going on Canada?
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Quite a few
a) this is before Toronto instituted the empty homes tax - less incentive for homeowners to rent out their empty unit
b) this is before the explosion of rental price increases post-covid - even less incentive for homeowners to rent out their unit
c) measuring lights on or off a couple of times a year isn’t a great proxy for assessing empty units