These towns are most at risk from robot workforces

The potential for jobs to be automated across many sectors could create regional variations which may impact Canadian housing markets.

A report from the Brookfield Institute says that small regional economies with high levels of manufacturing or industries such as mining, would be more likely to see increased automation. Woodstock and Tillsonburg in Ontario, and Quesnel in BC are examples.

Where there are large hospitals, secondary education or public sector workforces, there is less chance of automation. Examples include Petawawa, and Ottawa-Gatineau, Ontario, and Fredericton, New Brunswick.

More Mortgage Guide