Why Are Canada's Top Earners Leaving the Country?

About this episode

The episode discusses the exodus of Canada's top earners to the U.S. and its implications for the Canadian economy and real estate market.

40% of Canadians who'd rank in the top 1% of earners are already living in the U.S. and they're taking the productivity, the tax base, and the move-up housing demand with them. Dan and Nick unpack the brain drain, the February jobs collapse, the AI wildcard, and RBC's $1.8 trillion counter-narrative, and what it all means for Canadian real estate EDMONTON MULTIPLEX EVENT Try it NordVPN risk-free now with a 30-day money-back guarantee! Use our code "realestate" to get 4 extras months from a 2 years plan Exchange-Traded Funds (ETFs) | BMO Global Asset Management LISTEN AD FREE Realist.ca See omnystudio.com/listener for privacy information.

People in this episode

Hosts: Daniel Foch, Nick Hill

Topics covered

• brain drain
• Canadian economy
• real estate
• tax base
• AI impact
• job market

Keywords

• Canada
• top earners
• real estate
• brain drain
• RBC
• AI
• job market
• tax base

Sponsors

NordVPN

Mentioned in this episode

Organizations: RBC, BMO Global Asset Management

Places: Canada, U.S., EDMONTON

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