Jack Jedwab

Now, to be fair, we haven't gone to this part yet, but amongst the Canadians moving to the US, and I've done a fair bit of research on that, you've got a disproportionate group that are 55 and over, right?

About half of them.

55 and over.

Is it snowbirds going to Florida?

Yeah, they're moving there.

They're retirees who are, you know, again, got the ability to do so.

They've got their economic situation is good.

So you'll hear a lot of Canadians, I was telling some of this yesterday, who will say, you know, I'm thinking of moving to some sort of sunny spot, either in Florida or in California or in Arizona.

But you don't hear a lot of Americans currently say in Florida saying, you know what?

I hear the weather's really good up in Canada.

I'm thinking of sort of leaving my sort of

So Canadians, their number one destination is the US actually.

And again, you've got, when I look at the profile, those Canadians who are leaving, again, 50% of 55 and over, right?

So they're either on the verge of retiring or retiring.

They're going to those sunnier destinations and there seems to be ways at which they can access the US and still retain dual citizenship, right?

So, because you're allowed to have dual citizenship.

Inversely, the Americans coming here are mostly younger, younger families coming here, very often relocating for job opportunities that are different types of opportunities.

But, you know, if you look at the average income of a lot of the Canadians moving to the United States, it's disproportionately higher than the Americans moving to Canada.

So, you know, Americans are trying not only in Canada, but in other countries to target people, right, who are able to, you know, contribute at the higher levels of the economy.

Yeah, exactly.