Thank you for all the research, but I am well aware of the situation and please don't try to paint me as a racist so you can take the moral high ground.
I was not saying all Asians are rich, but rather that Vancouver gets more capital flowing in from Asia than Montreal because of it's geographical proximity. Quebec had 6.3 billion in foreign investment last year versus 20.4 billion in BC https://fdi2019.investcanada.ca/by-the-numbers?wbdisable=true
I was in Vancouver last month and from the skytrain, there is a sea of cranes all along the route from airport to downtown. Although their population of Vancouver is less than half that of Montréal, the growth of housing in Vancouver was almost triple ours (972 starts in Montreal versus 2,962 in Vancouver in July of 2023) https://www.cmhc-schl.gc.ca/media-newsroom/news-releases/2023/housing-starts-increased-second-consecutive-month
So what is your explanation for why a city with half our population has three times the investment and three time the growth?