Tag: politics
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Cheapest Cities to Live in British Columbia in 2026
British Columbia is one of Canada’s most desirable places to live, from ocean views to mountain towns, but it’s also one of the most expensive. In late 2025, the average home price in BC was approximately $965,914, significantly above the national average and among the highest in Canada. However, not all parts of the province…
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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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Canadian Building Investment Hits Record – But Homeownership Isn’t Growing
January 25, 2026 Canadian building investment just surged to an all-time high, but a closer look at the data suggests the apparent construction boom is being driven by a very narrow segment of the market. New figures from Statistics Canada show investment is overwhelmingly concentrated in corporate-owned rental developments, particularly in Ontario, raising questions about…
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Canadian Incomes Improved, But Most Households Expect Life to Get Worse in 2026: MNP
January 19, 2026 Despite recent gains in income, Canadians are entering 2026 with growing pessimism about their financial future. New survey data from MNP’s Consumer Debt Index shows that most households expect rising costs, worsening housing affordability, and mounting economic pressure in the year ahead. While some Canadians are actively adjusting their finances, a large…
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The Great Canadian Shift Away From Big Cities Is Accelerating
Canada’s long-running shift toward big-city living appears to have hit a turning point. New population estimates from Statistics Canada (StatCan) show urbanization stalled in 2025 for the first time in decades, as both residents and newcomers increasingly bypass the country’s largest and most expensive metropolitan areas. The data suggests the migration toward smaller cities, towns,…
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Canadian Government Debt Is Getting So Massive It’s Distorting Credit Markets, BIS Says
Government debt levels have grown so large that they are beginning to distort how credit markets function, according to new research from the Bank for International Settlements (BIS). In its latest quarterly review, the BIS warns that sovereign debt issuance has reached a scale that is eroding the traditional role of government bonds as the…
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Why Alberta Is Still Canada’s Top Migration Magnet Heading Into 2026
Despite higher interest rates and a slower national housing market, Canadians are still moving to Alberta in large numbers heading into 2026. For buyers and renters priced out of Ontario and British Columbia, Alberta continues to stand out as one of the few provinces offering a rare mix of affordability, job opportunities, and lifestyle. This…
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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…
Canada Housing Market 