Tag: politics
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Alberta Is Now the Only Province That Hasn’t Raised Its Minimum Wage This Decade
Alberta hasn’t increased its minimum wage since 2018, making it the only province in Canada that hasn’t made at least one adjustment in the 2020s. In fact, if you’re under 18, wages actually went down. The province introduced a youth minimum wage of $13/hour in 2019 for students working 28 hours a week or less.…
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Toronto Moves Forward on Citywide Upzoning for Sixplexes
Toronto is one step closer to legalizing sixplexes in residential neighbourhoods, after the city’s Planning and Housing Committee voted in favour of expanding multiplex permissions to allow five- and six-unit dwellings across low-rise areas. If adopted by full council later this month, this change would allow detached houses across the city to be redeveloped or…
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Canada’s Affordable Housing Report Card: Alberta Scores Lowest, P.E.I. Leads on Market Gaps
A new national report card ranking Canada’s provinces on housing affordability and climate resilience is highlighting where progress is being made—and where major gaps remain. Alberta received the lowest overall grade with a D+, while no province scored higher than a C+. The federal government earned a B, driven by its proactive policies around tax…
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Up to $50K in Savings: New GST Rebate for First-Time Canadian Home Buyers (2025)
If you’re a first-time home buyer in Canada, you may be eligible for a major new rebate that could save you up to $50,000 on your new home. On May 27, 2025, the federal government introduced the First-Time Home Buyers’ GST Rebate (FTHB GST Rebate)—a game-changing measure designed to make homeownership more affordable and accessible…
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How a U.S. Trade War Could Impact Canada’s Housing Market
A potential trade war with the U.S. could significantly impact Canada’s housing market by driving up construction and renovation costs. Experts warn that new tariffs could raise the price of homebuilding materials, making homes less affordable and reducing new housing supply. How Tariffs Could Affect Home Prices The U.S. and Canada are major trading partners,…
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Ontario Sees Surge in Unpaid Bills as Debt Levels Rise
A new report has shed light on the growing financial struggles of Canadians, revealing that an increasing number of people are unable to keep up with their major financial obligations. Among the hardest-hit provinces, Ontario stands out, with mortgage delinquencies soaring to unprecedented levels. According to data from Equifax Canada, consumer debt nationwide grew by…
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Poilievre Urges Premiers to Drop Sales Taxes on New Homes Under $1M
Conservative Leader Pierre Poilievre has recently called on Canada’s provincial premiers to remove sales taxes on new homes priced under $1 million, following his own commitment to eliminate the federal sales tax on similar properties if he is elected. Poilievre argues that cutting these taxes would significantly lower the cost of homeownership and help address…
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1 in 4 Canadians may be living in poverty according to a recent report from Food Banks Canda.
A recent report from Food Banks Canada reveals that poverty in Canada may be more extensive than previously thought. The organization estimates that 25% of Canadians could fall under this category due to their inability to afford two or more essential household items. This revelation significantly exceeds the four million people reported by Statistics Canada…
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Toronto Council Urged to Invest $351 Million in Affordable Rentals
City staff in Toronto are calling on the council to invest $351 million into affordable housing projects to facilitate the construction of 6,000 new rental units for low-income tenants and young, middle-class families. This ambitious plan aims to address the city’s affordable housing crisis and ensure these units remain affordable for at least 40 years.…
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Trudeau proposes Canadian Renters’ Bill of Rights to ease housing crisis
In a landmark move aimed at stabilizing the increasingly volatile housing market, Prime Minister Justin Trudeau has introduced a groundbreaking Canadian Renters’ Bill of Rights. Announced from East Vancouver – Canada’s priciest city for renters – this initiative promises significant changes to support young Canadians struggling to find their footing in today’s challenging economic landscape.…
Canada Housing Market 