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Slower population growth, lower home sales hit self-storage industry

StorageVault Canada still reports higher profit but sees challenges
StorageVault owns this facility on Canadian Road in Toronto. (CoStar)
StorageVault owns this facility on Canadian Road in Toronto. (CoStar)
CoStar News
October 30, 2024 | 8:10 P.M.

Easing population growth is affecting Canada's self-storage demand as providers deal with a slowdown in housing and renovation activity.

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