All questions Overview of the market i The Canadian landscape Since the onset of the covid-19 pandemic in March 2020, Canadian real estate has experienced a rocky road to recovery. Prior to the pandemic in 2019, Canadian real estate saw strong levels of large scale (i.e., greater than C$40 million) transaction volume with a total of C$21.3 billion.2 However, the momentum came to a halt in early 2020 with the onset of the pandemic.