Tag: Ontario housing
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35,000 People Left the Greater Toronto Area Last Year – Here’s Where They Moved
New data from CP24 shows that more than 35,000 residents left the Greater Toronto Area last year.With high living costs, rising mortgage payments, and a growing desire for more space, many Ontarians are relocating to nearby regions, and even across the country. Below is a breakdown of the top destinations GTA residents chose in 2024,…
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Ontario Backs Off Plan To End Indefinite Leases – What It Means For Tenants in 2025
The Ford government says it will not proceed with consultations to change Ontario’s month-to-month “security of tenure.” Here’s what changed, why it matters for rent control, and what’s still in Bill 60.
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Toronto’s Unemployment Rate Hits Highest Since Pandemic
Toronto’s unemployment rate surged to 8.1% in November, marking its highest level since January 2022, during the pandemic. This statistic, released by Statistics Canada, reveals that about 379,000 people in Toronto were looking for work last month. It places Toronto’s unemployment rate among the highest in Ontario, only behind Windsor, which has an 8.7% rate.…
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Ontario introduces new planning rules to create a “long-term building boom”
The Ontario government has announced new planning rules to address the province’s housing shortage, aiming to spur a “long-term building boom.” Housing Minister Paul Calandra introduced the new provincial planning statement at the Association of Municipalities of Ontario conference, emphasizing the need for a consistent approach to urban planning across the province. The goal is…
Canada Housing Market 