Tag: politics
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Rentals.ca Just Dropped Their December 2025 Rent Report – Here’s What You Need To Know
Rentals.ca and Urbanation have released their December 2025 national rent report, and the numbers point to a cooling rental market across much of Canada. From declining average rents to shifting demand and big differences across provinces, here’s a breakdown of the key trends renters and investors should be watching. National Overview Rents Fall to Lowest…
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Canada Cuts Housing Budget 56% Despite Crisis – PBO Warns CMHC Funding at Risk
Canada’s federal housing strategy just took another major hit. According to a new report from the Parliamentary Budget Officer (PBO), Ottawa is set to cut housing spending by 56% over the next few years, even as affordability hits historic lows. The PBO also warns that the CMHC is facing deep funding reductions that could affect…
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Calgary Risks Losing $129 Million In Housing Funding After Rezoning Repeal
Calgary may lose up to $129 million in federal housing funding after city council voted to repeal citywide rezoning, according to a new internal email from the Canada Mortgage and Housing Corporation (CMHC). The federal government has reportedly paused further payments until it receives clarity on the city’s long-term zoning direction. The potential funding freeze…
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Buy Canadian Trend Fuels Real Estate Boom In Canada’s Ski Towns
Canada’s housing market has felt choppy in 2025, but one segment is quietly heating up again: real estate in the country’s ski regions. According to Royal LePage’s 2025 Winter Recreational Property Report, home prices in popular ski destinations across British Columbia, Alberta, Ontario, and Quebec rose in the first nine months of the year, helped…
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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…
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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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7 Cheapest Cities To Buy A Home In British Columbia (2025)
The housing market in British Columbia remains among Canada’s most expensive overall — the provincial average home price is roughly $948,296 as of September 2025. That said, there are still smaller cities and more remote areas in BC where home-ownership is far more achievable. In this article we explore seven of the most affordable cities in BC to buy…
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Rent Prices In British Columbia Continue To Drop As Vancouver Hits A 43-Month Low
British Columbia’s rental market is finally seeing some relief. New data from Zumper shows that rent prices in several B.C. cities continue to cool, with Vancouver hitting its lowest level in more than three and a half years. The shift marks a notable change for one of Canada’s most expensive rental markets, although Vancouver still remains the priciest…
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GTA Residents Now Need to Earn $27.20 Per Hour to Live Comfortably, Report Says
A new report shows GTA residents need $27.20 per hour to afford housing and essentials. Ontario’s minimum wage of $17.60 falls far short.
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41 Percent of Canadian Home Builders Have Laid Off Workers – Many Don’t Plan to Rehire
Canada needs to build 5.8 million homes by 2030 to restore affordability, according to CMHC, yet residential construction is now moving backward. A new report from the Canadian Home Builders’ Association (CHBA) shows: ✅ 41% of builders in Canada have laid off workers❌ Most do not plan to rehire them In key markets, the number is even higher: This marks the lowest level…
Canada Housing Market 