The only growth industry in Canada right now is the exit industry.
Re: Canadians Flee In Record Volumes—A Warning Seen Only Twice Before | Today’s surge only has two comparable periods on record: peaks in 1968 and 2017 | Canada Loses Young Professionals During Real Estate Bubbles
There have been 120,401 emigrants over the 12 months ending in Q3 2025, up 2.3% from last year. It’s now at the largest outflow on record, and not just for Q3, but for any 12 month period in Canadian history.
The 1968 peak is attributed to professionals fleeing to the US. That was the year that Canadians lost priority access to US jobs, as new immigration rules kicked in. It’s a period of “brain drain,” but the framing tends to present it as an issue of greed, with our talent looking for money. It was more about our greed, and the misallocation of resources that resulted from—*drumroll—*a real estate bubble.
In the 1960s, young professionals faced a clear choice: move to the US and join a technology and engineering boom or stay behind and stick it out with a housing bubble. We’ve previously highlighted that newspaper archives show a speculative land bubble in the 1960s. In fact, by 1967 there were calls for a vacant land tax to help curb the urban land hoarding. It’s not a coincidence that Ontario and Quebec accounted for most of that emigration.
StatsCan data: https://www150.statcan.gc.ca/t1/tbl1/en/cv.action?pid=1710004001
THE GREAT CANADIAN EXODUS: As Carney’s Canada Implodes, A Record Flood of Citizens Flee “Progressive Paradise”
A Nation Watching Its Future Drive South
By Eddie Hardie 🍁 Integrity Canada






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