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Retirement homes grow scarce as Canada's aging population boom comes up against building slowdown

Cushman & Wakfield report finds increasing demand for seniors housing as construction of new units decreases
Retirement homes such as this one in Montreal that Chartwell REIT purchased for $88.5 million this year are in demand. (CoStar)
Retirement homes such as this one in Montreal that Chartwell REIT purchased for $88.5 million this year are in demand. (CoStar)
CoStar News
September 29, 2025 | 9:20 P.M.

Finding a home in a seniors housing complex in Canada is becoming more difficult as demand from an aging population increases and construction on new units slows.

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