March inflation statistics (always released the following month) were not rosy – and neither were the headlines, with the CBC calling the increase the largest annual increase in the cost of living since the GST was created. Our …
Read More »March inflation statistics (always released the following month) were not rosy – and neither were the headlines, with the CBC calling the increase the largest annual increase in the cost of living since the GST was created. Our …
Read More »March year-over-year real estate figures showed some incredible surges in prices in the greater GTA. In Orangeville, a town of some 30,000 just north west of Toronto, prices for townhouses increased by over 50%. Apartment prices there …
Read More »We predicted that high inflation was likely not ‘transitory’ – remember that this was the narrative in late 2021 and early this year. That’s been proven to be a very weak and completely false narrative now. We …
Read More »If we will be seeing rates consistently go up, the other question is how quickly will they rise? These are the big questions that will shape everything – real estate, housing, equity markets, the economy, and ultimately – …
Read More »Ontario’s Minister of Transportation Caroline Mulroney reiterated the province’s plan to spend $61 billion on public transit and $21 billion on highway expansion over the next ten years. Most of the projects have already …
Read More »With an important provincial election heating up, the Ontario Liberal Party recently released a short outline of some of its economic proposals. These include exploring the potential for a four-day work week that acknowledges the COVI …
Read More »BlogTo recently released a story about a detached triplex house in downtown Toronto on Euclid St. that was recently listed for just over $3.5M. Two years ago, the house was a modest, standard property – the main floor was in goo …
Read More »High prices, bidding wars, and bank scrutiny for mortgage approvals all make buying a home a massive enterprise. Yet another hurdle will soon be added to the mix. The federal government is working on a potential energy-efficiency rati …
Read More »MP Pierre Poilievre is the leading (and only) Conservative leadership candidate in the fallout of former Opposition leader Erin O’Toole’s removal. The bilingual Ottawa based MP who served as a junior Minister in the Harper …
Read More »55 recommendations were provided to the provincial government on Feb. 8th by the Housing Affordability Task Force. The provincial government convened the body in response to the tripling in average house costs for families over the la …
Read More »It’s official: Toronto is now Canada’s most expensive jurisdiction for real estate. A recent RBC real estate report shows that the latest data has Ontario’s capital city as edging Vancouver out in the average price o …
Read More »For just over $10 billion, the Chinese have completed the world’s largest airport just south of Beijing that can accommodate almost 200 million passengers a year (Pearson was at 35 million before COVID). The airport was complete …
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