Tag: canada
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Canada’s Plan To Buy Unsold Condos Is Sparking Debate Over A Potential Developer Bailout

The federal government’s plan to purchase thousands of unsold condominiums in British Columbia is generating both support and criticism as Canada’s housing slowdown continues. Prime Minister Mark Carney recently announced a partnership with the Government of British Columbia to convert more than 2,200 vacant condominium units into affordable housing. Supporters say the plan could quickly…
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More Than Half Of GTA Residents Would Leave Toronto For A Cheaper City, New Poll Finds

For many Canadians living in the Greater Toronto Area, homeownership may increasingly depend on leaving the region altogether. A new survey conducted on behalf of Royal LePage found that 55% of GTA residents would consider moving to a more affordable Canadian city if they were able to secure employment there. The findings highlight the growing…
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Canada’s Population Has Fallen by More Than 230,000 People Since Its Peak

Canada’s population continues to decline after a period of record-breaking growth, according to new data from Statistics Canada. The latest population estimates show Canada’s population fell by approximately 55,000 people in the first quarter of 2026, marking the third consecutive quarterly decline. While the country’s population remains above 41 million people, it has now fallen…
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Canadians Are Fleeing the Country at the Highest Rate in Over 70 Years

Canada is experiencing record levels of emigration, with new data showing more citizens and permanent residents are leaving the country than at any point in over seven decades. According to Statistics Canada, an estimated 30,092 Canadians emigrated during the first quarter of 2026. The figure represents a 0.9% increase from the same period last year…
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Canadian Home Prices Are Near Record Highs in All but 2 Provinces

Canada’s national housing market may look like it has gone through a major correction, but new data suggests that most provinces have barely seen prices pull back from record highs. According to Canadian Real Estate Association (CREA) data highlighted by Better Dwelling, home prices rose in nearly every province in April 2026. While the national…
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Calgary Ranked One of the Happiest Cities in the World in New Global Index

Calgary has officially been ranked one of the happiest cities on Earth according to a new international study measuring quality of life, mobility, healthcare, environment, and overall wellbeing. The city placed 74th globally on the 2026 Happy City Index, making it one of the highest-ranked cities in North America. The ranking is drawing attention online as…
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Canada Hits Worst Insolvency Levels Since The Financial Crisis – Here’s What It Could Mean For Canadians

Canada is seeing its highest insolvency levels since the 2009 financial crisis, according to new data from the Canadian Association of Insolvency and Restructuring Professionals (CAIRP) and the Office of the Superintendent of Bankruptcy (OSB). More than 37,000 Canadians reportedly filed for insolvency during the first three months of 2026 alone – averaging roughly 17…
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Canada Has Fallen From 2nd To 19th In Global “Best Countries” Ranking Since 2016

Canada has dropped to 19th place in the latest global “Best Countries” rankings published by U.S. News & World Report – a major decline from its 2nd place ranking in 2016. The rankings evaluate countries across a wide range of categories, including: Canada received an overall score of 69.5 out of 100 in the latest…
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Vancouver Was Just Ranked Canada’s Most Walkable City

Vancouver has been named one of the most walkable cities in the world. According to Time Out’s 2026 ranking of the world’s most walkable cities, Vancouver placed 17th globally with a walkability score of 78%. It was also the only Canadian city to make the global list. The ranking was based on how locals rated…
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Canada’s Aging Population Could Create a Major Housing Shift by 2030

Canada’s housing market may be heading for a major demographic shift. As the country’s population ages, more homes could eventually move through the market because of downsizing, inheritance, estate sales, or seniors transitioning into different types of housing. But the shift may not happen quickly. According to CMHC, many older Canadians are staying in their…