Bank of Canada quietly signals long-term shift with potential for economic, political upheaval
The end of the low-interest-rate policy sets the stage for widespread household financial stress in 2025 and 2026, when the majority of mortgages are up for renewal.
Time for concrete action to unlock homeownership for Canadians
There are policy moves the federal government could make today to bring a more holistic approach to housing affordability and improve the outlook for families and our economy.
Can we save our affordable housing before it’s too late?
On one hand, inadequate rent control across provinces is leading to high rents and tenant exploitation. On the other hand, big corporate landlords are taking away every affordable housing unit that’s left.
Feds show ‘understanding’ but not ‘action’ on need to partner with provinces to build more houses, says B.C. minister
A proposal to link housing funding with immigration shows how per capita transfers are sometimes ‘too blunt a measure,’ says policy prof.
Parliamentary Budget Office says ending tax exemption for real estate investment trusts would generate at least $285.8-million in additional revenue over five years
Finance Minister Chrystia Freeland’s office says the federal government ‘continues to evaluate the impact’ that large corporate landlords have on rental housing across Canada.
Budget offers ‘underwhelming’ response to worsening housing crisis, say advocates
Stakeholders say greater targeted supports for the most-vulnerable Canadians and an increased share of co-op and non-profit housing are needed to meet the ‘gravity of the affordable rental housing crisis.’
Canada facing wave of new homelessness: Gatineau, Que., reader
Canada is facing a wave of new homelessness in the face of inflation and the ongoing impact of the pandemic. This is impacting hundreds of thousands of Canadians as they struggle to make ends meet as everything gets more and more expensive. They are workers, retirees, families, veterans, men, women, even children. It is impacting […]
This just in: high poverty rates and inequality are not inevitable
Disposable income inequality peaked in 2004. And the overall relative poverty rate, using a common international definition, peaked in 2015. Between 2004-2015, little progress was made in reducing disposable income inequality. But since 2015, there has been a remarkable reversal in these trends.
Growing ‘generational divide’ as younger Canadians report lower trust in government, greater economic anxiety: poll
The survey found that following three years of coping with the pandemic, in addition to increasing economic challenges, ‘disappointment in Canada has taken its toll on youth.’
Canada’s next great economic boom can be unleashed by the power of housing, immigration, and labour
Expanded immigration can work hand-in-hand with the construction industry’s goals to open the way to build the 3.5 million additional homes we need above the current pace of construction.
