Tag: news
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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…
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4.5 Million Canadians Are Now Living Below The Poverty Line
Canada’s cost-of-living crisis is still showing up in the data. New Statistics Canada numbers show that 11.0% of Canadians lived below the poverty line in 2024, representing approximately 4.5 million people. That is almost unchanged from 2023, when the poverty rate was 11.1%. The data suggests that while inflation has cooled from its peak, many…
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Ottawa Area Dominates List of Most Affordable Housing Markets
A new report suggests that some of Ontario’s most affordable housing markets are not in the province’s largest cities, but instead clustered around the Ottawa region. According to recent data, seven of the top 10 most affordable housing markets in Ontario are located in Ottawa and the surrounding Ottawa Valley, highlighting a growing regional divide…
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Renovation Scams on the Rise in Ontario as Warmer Weather Approaches, Police Warn
Homeowners across Ontario are being urged to stay alert as renovation scams begin to increase heading into spring. Hamilton Police Service has issued a warning about a rise in aggressive contractors and door-to-door scams, with fraud cases reported throughout the winter and expected to increase as temperatures rise. Door-to-Door Scams Target Homeowners According to police,…
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Ontario’s New Housing Bill 98 Is Facing Backlash – Critics Say It Could Slow Development
Ontario’s latest housing legislation is already drawing criticism – with some experts warning it could actually make the housing crisis worse. Bill 98, also known as the Building Homes and Improving Transportation Infrastructure Act, 2026, is being positioned as a way to speed up housing construction. But critics say it may do the opposite. Thinking about…
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Bank of Canada Warns the Next 5 Years Could Be Turbulent
Canada’s economic outlook is entering a new phase of uncertainty, and it could have direct implications for the housing market. In a recent address, Carolyn Rogers of the Bank of Canada warned that the country is facing long-term structural changes that will be difficult to manage and could reshape the economy for years to come.…
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Canada Needs 3.5 Million Homes – Why Backyard Suites May Be the Fastest Housing Solution
As Canada’s housing affordability crisis continues to strain households, urban planners and policymakers are increasingly turning their attention to one overlooked solution – secondary suites. Basement apartments, garden suites, and laneway homes could add thousands of new housing units across Canadian cities without requiring large-scale new developments or major infrastructure expansion. Housing experts say these…
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Best Cities to Raise a Family in Alberta – 2026 Guide
Alberta remains one of Canada’s most appealing provinces for families thanks to relatively affordable housing (compared to other provinces), strong job markets, excellent schools, and access to outdoor recreation. Whether you’re drawn to urban centres with diverse amenities or quieter cities with family-oriented communities, Alberta offers a range of options designed to support long-term family…
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How Much Canada’s $50K GST Rebate Could Save You at Different Home Prices
Canada’s proposed $50,000 GST rebate for first-time home buyers could significantly reduce the cost of purchasing newly built homes if the policy becomes law. The measure is part of Bill C-4, the Making Life More Affordable for Canadians Act, which would temporarily eliminate the 5 percent federal GST on qualifying new homes for eligible first-time…
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How Much Property Taxes Cost Across Ontario in 2026 – What Homeowners Are Paying
Last updated March 2026 Property taxes are one of the biggest ongoing costs of owning a home in Ontario. Unlike mortgage rates, which fluctuate with interest markets, Ontario property taxes are set every year by your local municipality and used to pay for schools, roads, emergency services, transit and more. In 2026, many Ontario cities…
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