While 28 percent of respondents born in Canada said they are “seriously thinking” of leaving their province due to housing affordability, this number rose to 39 percent for immigrants who have lived in the country for less than a decade. Thirty percent of immigrants who have lived in the country longer than 11 years said they were considering leaving.
Broken down by city, respondents from Toronto and the surrounding suburban areas were most likely to be considering moving (44 percent), followed by those from Vancouver (33 percent), Halifax (26 percent), and Calgary (25 percent).
Many Eyeing Other Countries
Just 45 percent of Canadians considering moving due to the cost of housing said they are thinking of staying in Canada. A total of 42 percent said they are considering moving to another country, with 15 percent choosing the United States and 27 percent considering another country.For interprovincial migration, Alberta was considered to be the most popular destination (18 percent), while Atlantic Canada was considered by 10 percent, followed by B. C. (6 percent), and Ontario (4 percent).
For British Columbians, the province of Alberta is the most popular potential moving destination (35 percent), followed by a country other than the U.S. (27 percent). Twelve percent would consider moving to the U.S., and 7 percent to Ontario.
For Ontarians, moving abroad was the most popular potential option (26 percent), followed by Alberta (17 percent), the U.S. (17 percent), and Atlantic Canada (14 percent).
With federal and provincial governments putting more emphasis on building housing, a majority of Canadians (53 percent) surveyed said they are “hopeful that housing affordability will improve over the next few years,” while a total of 40 percent disagreed with that statement.
Just over half of renters (51 percent) and homeowners that have a mortgage (52 percent) said there is hope for a solution to the housing affordability crisis. Meanwhile, 43 percent of renters and 41 percent of owners with mortgages express doubt that the problem would be solved.