💡 What the new GST removal means for investors

• GST removal aims to curb high interest rates that remain a challenge for new construction projects
• With the removal of GST purpose-built rental projects are becoming more attractive for developers.
• Toronto's low vacancy rates make it a hot location for new rental housing development.
• Institutional investors, like the Canadian Pension Plan, have invested $350 million in purpose-built rental buildings.
• You may want to consider REITS (Real Estate Investment Trusts) as a potential real estate investment option.
• Scroll down to view a list of REITs we've compiled 👇​

🏘 Dream Corp Unlimited to build 5,000 rental units in light of housing shortage

• Dream Corp will construct 5,000 new rental units in multiple Canadian cities: Ottawa, Saskatoon, Calgary, and Toronto.
• This initiative is made possible by the government's removal of GST charges on rental developments.
• Canada faces a housing shortage, requiring around 3.5 million more housing units by 2030 to address affordability concerns.

🤔 Canada is undercounting Non-PR residents by over 1 million

• In 2021, the census reported about 925,000 non-permanent residents, while quarterly estimates showed 1.17 million
• This undercounting has significant implications for Canada's population growth and housing market planning.
• Recent growth in non-PR resident numbers suggests that in 2021, the gap between the two counts is up to 250,000.

💰 Blackstone Sets Sights on Canada for Major Investment

• Their move presents new opportunities for investors seeking returns in the Canadian market.
• Canada's population is growing at 2.7% rate , five times of the U.S rate
• Blackstone sees the demand and limited supply as an opportunity.
• Student housing is a focal point, given the strong demand for a Canadian education.

🔎 REITS for investors to explore

​Real Estate Development Fund — Cranson Capital​

​Starlight Developments​

​Canadian Apartment Properties REIT​

​Skyline Apartment REIT - Focused on apartment real estate investments​

715 Danforth Ave ON , Toronto, Ontario M4J 1L2
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