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Canada’s Population and Housing Needs Are Soaring

July 8, 2021

Canada’s 2011 census saw the population tick in at just under 33.5 million, a 6% increase from the 2006 census of 31.6 million. By 2016, the national population had risen to over 35 million people, and Statscan estimates that ov …

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Historic News for GTA Public Transit Will Spur Densification and Higher Home Values

June 14, 2021

The Federal government has finally taken a strategic leadership role in the construction of public transit in the GTA. Several weeks ago, Ottawa announced that it would cut a cheque for over $12 billion on key strategic transit projec …

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Stay Positive But Be Mindful of Inflation

May 25, 2021

The latest Canadian inflation figures are out and are the highest in a decade at 3.4%. Similar data release in the U.S. shows inflation rising above 4%. The increase in April set a new pandemic-era high for the third time in as many …

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April Was a Rough Month for the Ontario Job Market – Because of Lockdowns

May 21, 2021

Employment in Ontario decreased by 152,700 in April, even though employment growth surged in March. The province rightly pointed to tough lockdown measures, new, more contagious variants, and the overall third wave of COVID-19 as the …

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How to Slow Down Price Growth and ‘Normalize’ Momentum

May 14, 2021

There’s been more and more talk in the media and by real estate experts on the need to implement some rule changes and stringent new measures to the real estate market to slow down the double digit, and record breaking sales and …

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The Feds are Getting Involved in Plans for Highway 413

May 7, 2021

As Tembo has reported, the Ontario government’s language towards a proposed GTA West highway route (Highway 413) has become increasingly bullish, suggesting that the highway will be a long term infrastructure priority for the …

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Federal Budget 2021 and What It Means For Real Estate

April 28, 2021

There’s almost $8 billion in Budget 2021 for housing, while this may seem like a huge figure, consider that those resources are for the national housing picture, and keep in mind that overall spending in budget 2021 is over $509 …

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A Welcome Economic Respite From a Cold COVID Winter

March 19, 2021

February was a solid month for job growth in Canada and Ontario. While we gained over 250,000 jobs nationally, Ontario gained 100,000 jobs. Over 20,000 youth jobs were created in Ontario, and over 40,000 of the jobs were gained by wom …

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Toronto Homes Are In The gold Standard of International Real Estate

February 22, 2021

Demographia, a U.S. based consulting and research firm, just released some data on urban real estate markets. The data was used by the Visual Capitalist in one of their sleek graphics. What it showed was Toronto remaining as one of …

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Mapping Ten Years of Incredible Price Growth

February 9, 2021

blogTO, always a purveyor of excellent real estate articles, released a relevant and very interesting piece outlining property appreciation in Toronto over the last ten years, from 2011 to 2021. The story starts off with a powerful …

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Introducing the Ontario Small Business Support Grant

February 5, 2021

The Ontario Government has recently unveiled a grant to support businesses that have been forced to close or restrict their operations due to the recent lockdown. The grant ranges from a minimum of $10,000 up to $20,000 in support. It …

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The BOC Says the Detached Home Frenzy Will ‘Soften’

January 25, 2021

In their January Monetary Policy report, the BOC directly addressed the trend Tembo has been watching and analyzing for months now; a rapid, sustained, and comprehensive shift to detached homes – especially in suburban rural …

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