Premier François Legault of Quebec has expressed approval of Conservative Leader Pierre Poilievre’s offer to grant Quebec the authority to select temporary immigrant workers under Ottawa’s International Mobility Program. Legault views this as a positive step towards allowing Quebec more control over its immigration policies. This development signifies a potential shift in power dynamics between Quebec and the federal government regarding immigration matters.
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Condo sales plummet in Toronto and Vancouver but more resilient elsewhere
The condo market in Canada's major cities has seen significant declines, with Toronto sales down 75% and Vancouver's down 37% from 2022 to Q1 2025, driven by rising interest rates affecting affordability and investor returns. In Toronto, inventory has surged, leading to a 21.7% drop in sales year-over-year and a 2.2% decrease in average prices, with over 80% of investors losing money monthly due to high costs and rent controls. Need More Context? 🔎
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