More than 120,000 Canadians and permanent residents moved out of the country between September of last year and September of this year, according to data from Statistics Canada.
Similar peaks in the departure of citizens and permanent residents have only been seen twice in Canadian history, during extended real estate peaks in 1968 and 2017.
In terms of comparing quarterly numbers, Statistics Canada listed 41,203 emigrants in the third quarter of this year, up around 1 percent from the same quarter last year though still approximately 30 percent higher than the average annual rolling emigration outflow prior to the pandemic, according to a report by Better Dwelling….