News Snapshot:
As of February 2021, an estimated 300,000 Canadian passport holders lived in the city-state. But many have returned to Canada to escape the China-implemented national security law in Hong Kong, as per Reuters . To facilitate emigration to Canada, the country has created new immigration pathways for Hong Kongers. Nearly 2,300 Hong Kongers gained Canadian permanent residency, while 16,147 obtained work or study permits in 2021. “Over $40 billion in funds were transferred from Hong Kong to Canada, and a lot of that money will be going into real estate,” Isaac Quan, a managing broker at Living Realty Downtown told...
