The mandate for the Liberal minority government ends at the end of October 2025, but an election could come well before then, with the Conservative opposition spoiling to end Trudeau's nine-year run at the top. "You won't get back to an affordable range for hous...
Canada’s affordable housing crisis worsened in 2023 as the vacancy rate for rental apartments dropped to an all-time low and rent increases climbed to a record high. Article content Canada’s rental housing market has emerged as the epicenter of a national cost of living crisis, increasingly l...
European citiesCopenhagen, Zurich, andGenevaalso rank high, attributed to their smaller populations, which contribute to lower crime rates and less congestion.In comparison with the 2023 ranking, the numbers for North American and Australian cities have been dragged down by the ongoinghousing crisis....
Sean Fraser, Minister of Housing, Infrastructure and Communities, speaks during an announcement outside a rental housing building being developed by the University of British Columbia Properties Trust, in Vancouver, on Wednesday, August 16, 2023. THE CANADIAN PRESS/Darryl Dyck ...
This recommendation comes as Canada experiences a historic housing affordability crisis, driven in large part by a lack of supply to meet the demands of a rapidly growing population. Discover if You Are Eligible for Canadian Immigration In the third quarter of 2023, Statistics Canada released dat...
Between 2010 and 2022, real Canadian housing prices jumped 90%, making Canada one of the most expensive and unaffordable housing markets in the world. We visualize the average price of housing across Canada’s provinces and territories in 2023 (excluding Nunavut), based on data from the Canada...
don’t really care which program they’re going to,” said Kolluri, who now owns education consulting firm, CIP Study Abroad, with offices in countries including India, the Philippines and Brazil. The government “didn’t expect, and had not prepared for, the infrastructure andhousing crisis....
Watch: Former Bank of Canada deputy governor talks about how to solve Canada's housing affordability crisis and the path of interest rates in these Trumpian times with Video January 27, 2025Economy 'This too shall pass': Investing strategies in the time of Trump ...
Budget 2024’s most aggressive policy moves centre on housing, and include action on most elements in the government’s newly released housing strategy:Solving the Housing Crisis: Canada’s Housing Plan. Rightly so, with the Canada Mortgage and Housing Corporation (CMHC) estimating that 3.5 million...
As a foreigner looking to invest in Canada, note that the Prohibition on the Purchase of Residential Property by Non-Canadians Act commenced on January 1st, 2023. This ban was implemented to address the housing crisis in the country and is expected to be in place for 2 years. Note that th...