By Staff The Canadian Press
Posted May 23, 2023 2:53 pm
Statistics Canada says investor-occupants made up almost 10 per cent of homeowners in British Columbia in 2020.
A new report from the agency shows B.C.’s share of investor-occupants, who own a single property with multiple units, including their primary residence, is much higher than in other provinces.
Investor-occupants made up 2.5 per cent of New Brunswick’s homeowners, 1.8 per cent in Nova Scotia, 0.8 per cent in Ontario and 0.7 per cent in Manitoba.
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Statistics Canada attributed the high numbers of investor-occupants in B.C. to incremental forms of density, such as single-detached houses with secondary suites or laneway units, duplexes, or triplexes.
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About 12.5 per cent of Vancouver owners and 12.2 per cent of Victoria owners were investor-occupants in 2020.
Statistics Canada did not study other provinces.
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