Canadians seem to want to flee urban centres. The food industry will need to keep a close eye on the trend.
The real estate market is overheating in regions outside of major cities like Toronto, Montreal, Vancouver and Halifax. Recent real estate reports suggest sales are up 20 per cent in many rural markets and prices have increased by at least five per cent since the start of the pandemic.
Cottage countries are exploding for two main reasons.
First, many people have realized that space can be an issue, especially when dealing with a pandemic. Spending three months in a two-bedroom apartment can make you think differently about space.
Second, telecommuting is an emerging factor. Just six months ago, it was barely on anyone’s mind. Today, according to a recent Angus Reid survey, most Canadians plan or want to work from home regularly in the future.