Tag: alberta
-
Calgary’s Living Wage Rises to $26.50 an Hour as Cost of Living Surges
Calgary’s living wage has officially increased to $26.50 per hour, according to the latest Living Wage Alberta report for 2024/2025. The new rate reflects the rising cost of daily essentials across the city, including transportation, child-care, groceries, and housing. The updated estimate is now more than $10 higher than Alberta’s minimum wage, underscoring growing affordability pressures for workers and families…
-
Ontario Sees Surge in Unpaid Bills as Debt Levels Rise
A new report has shed light on the growing financial struggles of Canadians, revealing that an increasing number of people are unable to keep up with their major financial obligations. Among the hardest-hit provinces, Ontario stands out, with mortgage delinquencies soaring to unprecedented levels. According to data from Equifax Canada, consumer debt nationwide grew by…
-
Here’s what cities most Canadians are moving to according to U-Haul’s 2024 Growth Index Report
As Canadians continue to relocate in large numbers, U-Haul’s annual Growth Index offers a unique glimpse into the most popular destinations across the country. The report tracks growth based on the net gain or loss of one-way U-Haul equipment rentals, and in 2024, smaller Ontario cities stood out as key relocation hotspots. Ontario: The Economic…
-
27,000 Ontarians packed their bags and moved to Alberta in 2024, setting a new record.
In 2024, Ontario witnessed an unprecedented wave of migration as over 27,000 residents packed their bags and headed west to Alberta. This record-breaking relocation trend has been fueled by the allure of Alberta’s lower cost of living, booming economy, and affordable housing market, leaving many to wonder why so many Ontarians are making the move.…
-
Canada’s Most Affordable Cities in 2024
As housing affordability continues to be a major concern in Canada, many are looking for cities where they can buy a home without breaking the bank. Based on a Royal LePage report, here are the most affordable cities in Canada for 2024, listed with their key affordability metrics. 1. Thunder Bay, Ontario Aggregate Price Q1…
-
Income Needed To Get A Mortgage In Canada
Are you considering buying a home in Canada? Wondering how much income you need to secure that mortgage? Look no further! Ratehub.com launched their newest report and here is the average income needed to get a mortgage in Canada: Graph by Nesto.ca Source: Income Needed To Get A Mortgage In Canada – nesto.ca
-
These are the most dangerous cities in Canada
Are you contemplating a move within Canada and pondering the safety of your prospective city? A recent study conducted by experts at money.ca offers a detailed analysis of the safest and most dangerous cities across the country, based on comprehensive crime statistics. The investigation delved into Canadian cities with populations exceeding 100,000 residents, meticulously evaluating…
-
Here’s what homes you can buy for under $400k across Canada right now
Looking to buy a home in Canada for under 400k? This article explores the available options across different provinces and territories. From a shoebox in Toronto, to a 8 bedroom waterfront home on the East Coast, let’s explore what you can purchase in the $300-400k price range across Canada. Toronto, Ontario– $399,888 Address: #1805 -150 SUDBURY…
-
Real Estate Showdown: Alberta vs Ontario – Which Province Offers Better Value for Homebuyers?
The real estate markets in Alberta and Ontario are two of the most active and sought-after in Canada. While both provinces offer unique advantages for homebuyers, the prices can vary significantly. In this article, we will compare the prices of real estate in Alberta and Ontario to help potential buyers make informed decisions. Alberta Real…
Canada Housing Market 