> “A major population adjustment is well underway, and it remains one of the biggest economic stories in Canada,” Robert Kavcic, senior economist at Bank of Montreal, said in a report to investors.
> “Among the impacts we’re tracking are: a significant weakening of the rental market, especially with the pipeline chock-full of supply; less pressure on services inflation; easing slack in the youth job market; and a likely pickup in productivity and growth in real gross domestic product per capita.”
Canada Population Drops 0.2% in Third Quarter in First Decline Since Pandemic - https://www.bloomberg.com/news/articles/2025-12-17/canada-po... | https://archive.today/QeXed - December 17th, 2025
Canada's population decreases from July 1 to October 1, 2025 - https://www150.statcan.gc.ca/n1/daily-quotidien/251217/dq251... - December 17th, 2025
Canada sees large drop in population amid international students crackdown - https://www.theguardian.com/world/2025/dec/17/canada-populat... - December 17th, 2025
> “A major population adjustment is well underway, and it remains one of the biggest economic stories in Canada,” Robert Kavcic, senior economist at Bank of Montreal, said in a report to investors.
> “Among the impacts we’re tracking are: a significant weakening of the rental market, especially with the pipeline chock-full of supply; less pressure on services inflation; easing slack in the youth job market; and a likely pickup in productivity and growth in real gross domestic product per capita.”
Mostly in Ontario if I read that chart correctly.
No paywall: https://archive.ph/CgiN4