Foreign investment in Canada may have decreased drastically in 2017 but the real estate industry were among those unaffected, reports Mortgage Brokernews (30 April 2018). According to Statistics Canada, the drop in foreign direct investment (FDI) in Canada was mainly due to the energy industry (oil and gas). Excluding the energy industry, FDI in Canada actually rose 4.7% in 2017. In fact, foreign investment in Canadian real estate grew CAD 2.37 billion, thanks to an influx of Chinese property buyers. To meet this growing demand, international property portal earlier this year announced a partnership with Chinese online retailer and Amazon competitor, whereby international listings will be showcased to's 300 million users.