Quote:
Originally Posted by opendoor
Whereas for Alberta, that working-age cohort has only represented about 48% of net migration and they've gained almost 12,000 seniors through migration (equivalent to 1.5% of the senior population).
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That is surprising at first blush. But then I think about my parents’ neighbours - they moved to Calgary from Ontario when they retired 7 years ago. I guess cashing in on an 800k house to buy a 500k one is a good way to plump up the retirement savings - or give the kids a living inheritance.