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Ottawa’s population growth set for sharp slowdown

Effects to be felt across commercial real estate in the nation's capital
Ottwa's public-sector retrenchment and lower international migration are set to reduce population growth through 2030. (Getty Images)
Ottwa's public-sector retrenchment and lower international migration are set to reduce population growth through 2030. (Getty Images)
CoStar Analytics
July 14, 2026 | 12:15 P.M.

Ottawa’s rapid population growth has been a critical tailwind for the city’s recent commercial real estate performance. But the market is poised to experience a meaningful shift as slower job growth and government policy changes are expected to slow population expansion in the next five years.

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