Tag: politics
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Alberta vs Atlantic – Where Are Ontarians Moving For Value?
Thinking about leaving Ontario? Compare Alberta vs Atlantic Canada on home prices, rents, property taxes, jobs, commute and lifestyle. See city-by-city ranges and quick buyer scenarios to find the best value for your move.
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Canadian Insolvencies Hit Highest June Since 2010 as Bankruptcies Surge
Canada’s debt crisis is intensifying as consumer insolvencies reached their highest June total in 15 years, according to new data from the Office of the Superintendent of Bankruptcy (OSB). The 11,464 filings in June 2025 mark a 3.3% increase from last year and highlight a growing shift toward more severe forms of debt relief. What’s…
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Canada’s Long-Term Unemployment Hits Highest Level in 27 Years as Labour Force Shrinks
Canada’s job market is showing signs of deeper trouble despite strong hiring earlier in the summer. New data from Statistics Canada reveals the country lost 41,000 jobs in July 2025, wiping out much of June’s gains. Even more concerning, the long-term unemployment rate has climbed to its highest level since 1998, while youth unemployment is…
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Where Are Canadians Moving? Top Migration Trends in 2025
Canada’s internal movement is shifting fast. As housing prices skyrocket and job markets evolve, we’re seeing clear direction in who’s moving, and why. From U‑Haul data to federal migration stats, here’s the latest. 🔍 Migration Trends Shaping Canada in 2025 ✅ Alberta Remains the Biggest Magnet ✅ Nova Scotia and PEI See a Migration Turnaround…
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How Policy Reform Could Help Solve Canada’s Housing Crisis – Concordia University Study
Canada’s housing affordability crisis continues to intensify, but new research from Concordia University suggests that targeted policy reform could have a measurable impact on supply, and help ease rising prices in major cities like Toronto, Vancouver, Montreal, and Calgary. According to the Canada Mortgage and Housing Corporation (CMHC), Canada needs 3.5 million additional housing units…
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Best Canadian Towns to Retire Without Going Broke – 2025 Guide
Retirement in Canada doesn’t have to mean financial stress or sacrificing your quality of life. Across Canada, there are affordable towns and cities offering retirees a blend of manageable living costs, solid healthcare access, scenic surroundings, and great community life. These picks are based on real data: housing prices, seniors’ infrastructure, and cost-of-living indices for…
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Bank of Canada Holds Interest Rate at 2.75% Amid Global Trade Uncertainty (July 2025 Update)
The Bank of Canada has announced it is holding its key policy interest rate steady at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%. This decision comes in response to persistent global trade tensions, rising cost pressures, and slower economic growth both in Canada and abroad. 🔍 Why Is the…
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2025 Ontario Property Tax Rates by City: What Homeowners Need to Know
Property taxes in Ontario can vary significantly depending on where you live. Even with the same home value, someone in Toronto may pay thousands less than a homeowner in Windsor or Thunder Bay. Understanding your city’s tax rate helps you plan smarter, especially if you’re buying or budgeting in 2025. Example: Home assessed at $700,000…
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Vancouver’s Rental Market Shifts: One of the City’s Largest Purpose-Built Projects Seeks Tenants
The completion of Signal, one of Vancouver’s largest purpose-built rental projects, marks a rare moment of opportunity for renters in the city’s notoriously tight housing market. But experts warn this supply surge may not last long. Developed by Intracorp Homes and Oxford Properties, the project includes two towers- 27 and 32 storeys- delivering over 500…
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GTHA’s ‘Invisible Poor’: Middle-Income Households Squeezed by Housing Crisis
A new report by CivicAction warns that middle-income households in the Greater Toronto and Hamilton Area (GTHA), including essential workers like nurses, teachers, and personal care workers, are being financially squeezed out of the region due to unsustainable housing costs. Who Are the ‘Invisible Poor’? The term “invisible poor” refers to middle-income earners making between…
Canada Housing Market 