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Category: Uncategorized

Category: Uncategorized

What happens if they actually raise rates?

July 30, 2021

The Bank of Canada’s language on rates has tightened dramatically in the last several months. It was not long ago that BOC Governor Maklem was saying that rates would stay ultra low for many years to come – this to support …

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Inflation has finally arrived to Canada’s shores

July 29, 2021

For the last decade Canada has enjoyed inflation that never rose over 3%, hitting the Bank of Canada’s target. There were times when inflation was so low and unalarming that economists and public figures called for massive gover …

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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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Property tax rates in the era of COVID-19

November 30, 2020

Torontonians continue to pay some of the lowest proportional property tax rates in Ontario, despite an above inflation increase that was passed by City Council earlier this year. Today Torontonians pay 0.6% of their home values in pro …

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On solving Toronto’s housing shortage

November 30, 2020

The Federation of Rental Housing Providers of Ontario (FRPO) recently released a report discussing the shortage of affordable housing in Toronto and presenting a solution. The magic ingredient to solving the housing crunch can be foun …

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COVID-19 supports for individuals

November 2, 2020

In this blog, Tembo will outline some of the programs and measures in place to support individuals for those in need. We recognize that many of our readers, clients, and stakeholders are people who have been directly impacted by COVI …

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COVID-19 supports for small businesses

November 2, 2020

In this blog, Tembo will outline some of the programs and measures in place to support small businesses for those in need. We recognize that many of our readers, clients, and stakeholders are small business owners, have entrepreneuria …

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The Bank of Canada guarantees low rates until 2023

November 2, 2020

The message now set in stone was reiterated recently, loud and clear: cheap money is here to stay. For at least the next 2 years, the Bank of Canada will keep its record low interest rates steady at 0.25% or until we hit 2% inflation. …

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A surging September

October 15, 2020

They called it “the best September on record for Toronto home sales.” 42.3% more homes closed last month than was the case in September of 2019. Over 11,000 homes were sold, and the average sale price approached just under …

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How Ontario will manage the ‘Second Wave’

October 7, 2020

With case numbers slowly increasing, the provincial government has long been planning for this second wave outbreak. Tembo wants to provide readers with confidence and details of how public authorities are responding to the second wav …

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An overview of the the Province’s school re-opening plan one month into the school year

October 7, 2020

School re-opening remains a contentious issue in the province. In this blog post, Tembo will outline where resources are going to manage school re-opening in Ontario. While some schools have closed and case numbers in the system are s …

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