CBC: Canada’s booming self storage industry is driven by “the six Ds”

[Self Storage Industry] insiders say demand for storage is driven by “the six Ds”:

  • Divorce
  • Death
  • Dislocation
  • Downsizing
  • Disaster
  • Density

Add to that list the price of real estate in Canada. It’s less expensive to rent a locker for about $200 a month than it is to buy a bigger home, with space for your winter tires, golf clubs, skis and bikes.

Watch CBC News Broadcast featuring StorageVault’s CEO, Steven Scott.

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NationWide Self Storage properties are managed by StorageVault Management Services—a division of StorageVault Canada Inc. (SVI-TSX-V), collectively “StorageVault”.

StorageVault has been in storage business for over 17 years and currently owns, develops and manages over 140 properties representing over 8 million square feet of space, making StorageVault the largest self-storage company in Canada and the largest Canadian-owned storage operator.

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