Small landlords across Canada are feeling the strain as the federal cap on international study permits continues to ripple through the student housing market, reports The Globe and Mail. The Globe highlights how the 35% reduction in foreign student permits has led to steep enrolment declines and, by extension, rising rental vacancies in key regions. While larger firms have largely weathered the decline—particularly in high-demand areas like Vancouver—many smaller landlords and those in more rural locations are now rethinking their long-term plans. The Globe notes that some postsecondary institutions are also reassessing their residence expansion and refurbishment projects.
Globe and Mail (1)
| Globe and Mail (2)
