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Investors made up 20 to 30% of homeowners in some provinces: Statistics Canada

Investors made up 20 to 30% of homeowners in some provinces: Statistics Canada

BNN Bloomberg
Wednesday, February 08, 2023 01:05:49 AM UTC

New Statistics Canada data shows investors made up almost one third of homeowners in some provinces in 2020.

The data agency says investors made up 31.5 per cent of Nova Scotia's homeowners that year and 29 per cent of New Brunswick's property holders.

Investors in British Columbia came in at 23.3 per cent followed by 20.4 per cent in Manitoba and 20.2 per cent in Ontario.

When grouped together, the data agency's calculations show under one in five homes in British Columbia, Manitoba, Ontario, New Brunswick and Nova Scotia was considered an investment property in 2020.

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