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Residential real estate has been at a premium for a long time in many parts of Canada, especially in urban areas. Often, that means demolition or modification of an existing structure to make way for new housing units if there isn’t enough land available

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Foreign investors acquired $13.5 billion of Canadian securities in April, following a significant divestment in March. Meanwhile, Canadian investors added $2.4 billion of foreign securities to their holdings, after four consecutive months of reductions. As a result, international transactions in securities generated a net inflow of funds of $11.2 billion into the Canadian economy in April.