REAL ESTATE: CANADIANS, DISCIPLINED IN FLORIDA

We interviewed Hatim Tichout, Regional Advisor in charge of cross-border banking services and real estate equity financing for RBC Bank. Canadians are the second-largest foreign real estate investors in the United States (behind the Chinese), accounting for 14% of foreign purchases worth $6.2 billion (rolling year April 2024-March 2025, source: NAR). As Mr. Tichout explains, “That’s 10,900 properties acquired, and with the recent economic tensions, we expected to see a decline, but in reality there...