As the great white north becomes a more appealing hot spot for big tech, housing prices and labour market stress remain top of mind for Canadian cities.
Prime Minister Justin Trudeau announced Monday that e-commerce giant Amazon would be opening a new office in downtown Vancouver, which would bring approximately 3,000 additional jobs to the city.
Build homes ahead of time to avoid worsening the housing crunch
According to Tsur Sommerville, a real estate and economics professor at the University of British Columbia, cities that are proactive about building housing ahead of time can mitigate the shortages experienced by tech hubs like Seattle and San Francisco.
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