Toronto Is The Fastest-Growing City In U.S. And Canada, And That’s Not Good

Author: Gord Berger |

Tax Planning Toronto

The city's "stunning" growth has a downside.

Torontonians could find themselves “doubling up” on housing with friends or relatives in the coming years as the city’s breakneck population growth outstrips the supply of new housing, an urban planning expert is warning.

In an analysis published online this week, researchers Frank Clayton and Eva Shi of Ryerson University’s Centre for Urban Research and Land Development found that Toronto is the fastest-growing city in the U.S. or Canada, and by a long shot. The city added more than 77,000 net new residents in the year ending in July, 2018, more than three times as many people as the next municipality, Phoenix, Ariz.

Article Courtesy :- https://www.huffingtonpost.ca/entry/toronto-population-growth_ca_5cf28f26e4b0e346ce7eef73?ncid=APPLENEWS00001



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