CBC: Influx of people from Toronto impacts Hamilton both positively and negatively, report finds
"An influx of people from Toronto over the last several years has impacted Hamilton and neighbouring areas both positively and negatively, according to a new report.
Canada Mortgage and Housing Corporation (CMHC) analysts looked at migration and housing trends in Canada's most populated census metropolitan areas (CMAs) from 2002 to 2019.
"It became evident over that period that migration can contribute and, in special circumstances, respond to significant changes in housing market conditions," CMCH said in its report released on Thursday.
In addition to the Hamilton CMA, rapid price growth in Toronto contributed to greater outflows of Torontonians to Oshawa and Barrie.
Between 2015 and 2018, the annual number of people moving into these regions from Toronto represented a significant 1 to 2 per cent of their overall populations."
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