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Bullboard - Stock Discussion Forum Madison Pacific Properties Inc T.MPC

Alternate Symbol(s):  MDPCF | T.MPC.C

Madison Pacific Properties Inc. is a Canada-based real estate company, which owns, develops, and operates office, industrial, commercial, and multi-family rental properties located in British Columbia, Alberta, and Ontario. The Company also has investments in joint ventures that develop residential properties. The Company’s investment portfolio comprises around 54 properties with approximately... see more

TSX:MPC - Post Discussion

Madison Pacific Properties Inc > The beat goes on.
View:
Post by undervalue on Feb 08, 2022 11:55am

The beat goes on.

BC typically attracts 17% of Canada’s new immigrants and of this provincial figure, 78% go to Metro Vancouver.

Rennie anticipates a new record of over 70,000 permanent residents will go to BC in 2022, with a new record of 55,000 calling Metro Vancouver their new home — equivalent to the population of the city of Port Coquitlam.

While immigration will accelerate, there will be a slight reversal of the strong pandemic-time domestic migration flows into Metro Vancouver from other parts of Canada.

Based on the last reference period for data, from the second quarter of 2020 to the third quarter of 2021, BC attracted over 48,000 net interprovincial migrants.

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