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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
30 October 2024 | 20:10

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