Tag: canada
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Downtown Calgary Adds 1,100 New Homes Through Office Conversions
Calgary is making big moves to tackle its housing needs while breathing new life into its downtown core. The city just approved 10 new office-to-residential conversion projects, which will bring 1,100 new homes and an estimated 2,000 new residents into the heart of the city. This latest round of development is part of Calgary’s broader…
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What $1 Million Gets You Across Canada in 2025
Wondering what $1 million buys you in Canada in 2025? While real estate prices in Toronto and Vancouver often dominate headlines, there’s a whole world of opportunity outside these high-priced markets. If you’re looking to stretch your budget and get the most value for your money, many Canadian cities still offer spacious, stylish homes at…
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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…
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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…
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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.…
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Over Two Million Non-Permanent Residents Leave Canada by 2026 as Part of Its “Immigration Reset”
As part of its plan to curb population growth, the Canadian government has set a target to reduce the number of non-permanent residents (NPRs) over the next two years. This comes after a massive surge in immigration following the pandemic. Over two million non-permanent residents are expected to leave the country by 2026 as their…
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Federal Government Announces Two-Month GST Holiday to Address Economic “Vibecession”
Canada’s federal government is rolling out a temporary GST holiday to address what Deputy Prime Minister and Minister of Finance Chrystia Freeland has called a “vibecession.” This two-month tax break aims to ease the financial strain on Canadians while boosting consumer confidence. Starting December 14, the goods and services tax (GST) will be removed from…
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Here’s the Income Bracket You Need to Afford a Home in Major Canadian Cities
Canada’s housing market is one of the priciest in the world, leaving many wondering: How much do I need to earn to afford a home in cities like Toronto, Vancouver, or Calgary? The good news? Dropping mortgage rates, higher inventory, and flexible sellers are making homes slightly more accessible. The bad news? Prices in most…
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Luxurious Toronto Bridle Path Mansion Just Listed for $16.5M
If you’ve ever wanted to be Drake’s neighbor, here’s your chance. Nestled in Toronto’s exclusive Bridle Path neighborhood, 15 Tudor Gate is a $16.5M modern masterpiece that epitomizes luxury living. Built by the renowned Rose Park Developments, this stunning home boasts impeccable design, functionality, and breathtaking views of the Canadian Film Institute, making it a…
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Canada’s New Immigration Caps Could Lower Rent and Address Housing Shortages
In a major policy shift, Canada has announced cuts to immigration targets, aiming to ease economic pressures—particularly in the housing market. The government’s revised immigration plan will lower the cap on permanent residents and set limits on temporary residents, a move that is expected to have significant impacts on housing demand, particularly in rental markets.…
Canada Housing Market 