Underlying all this too are all the continual  reports of Canada being a top destination for international money laundering.

(Post Media's Diane Francis in a recent article .... "Canada has become a secrecy haven, and a leaky one at that".)

So we have billions of dollars worth of money looking for a safety deposit box, or to be laundered, and a wide open real estate industry in a compliant country whose two major cities are popular with the largest source country, China.

Oh, and add to that a Canadian  government who actively pursues relationships through policies like the 10 year renewable visitors visa, tripling tourism offices, increasing student quotas, and continual trade missions with the real estate industry in tow.

Everything designed to encourage that "flood of  overseas money" into Canada, and it's real estate.