As a recently released Organization for International Cooperation and Development (OECD) noted, house prices have been generally rising far in excess of incomes in a number of nations (Under Pressure: The Squeezed Middle Class). OECD finds that these rapidly rising house prices have been a principal contributorto rising cost of living that has already resulted in economic reversals for the middle-class. read more »
Canada
Down Payment Takes Half a Century in Vancouver: Report
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Will Canada Break Up Over Carbon Dioxide?
Countries have broken up for very serious reasons like slavery, religious differences and ethnic tensions. But, so far, never in history has a country been at risk of breaking up because of a harmless gas – carbon-dioxide. Canada could, thanks to an ideologically-driven federal government. read more »
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Canadian Families Denied Preferred Detached Houses, Forced into Condos: Survey
A new poll by Sotheby’s International Realty suggests substantial disappointment among Canada’s young urban families, unable to afford to purchase the types of houses that they prefer. The poll determined that young urban households in Canada strongly prefer detached houses, but they are often “motivated by (financial) necessity to purchases houses, especially condominiums, they do not prefer." read more »
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Eyes From the Street – The Neighbourhood Fabric That Matters
In the 50 plus years since Jane Jacobs coined the phrase “eyes on the street”, most planners have taken it as an article of faith. After all, some argue, it is common sense. But as we found out when looking at complex, self-organising systems such as cities, common sense is woefully inadequate to explain, let alone predict, outcomes. read more »
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Commuting in Canada: 2016 Census Report
Statistics Canada has just released the employment access data out of the 2016 Census, based on the main mode of commuting. Generally, there is little change between the modes, as Figure 1 indicates, compared to the 2011 Census results. (See: New Data on Commuting in Canada). read more »
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RBC Report Highlights Increasing Housing Affordability Challenges in Canada
Households could face even greater housing affordability challenges in the years to come, according to the September 2017 RBC Economics (RBC) Housing Trends and Affordability report. read more »
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Ontario’s Labor & Housing Policies: US Midwest Opportunities?
The Globe and Mail, a Canadian national newspaper, reports concerns raised by Magna International, Inc. that proposed provincial labor legislation (the “Fair Workplaces Better Jobs Act”) could result in seriously reduced economic competitiveness for Ontario, Canada’s most populous province (“Magna says new Ontario labour bill threatens jobs, investment”). read more »
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Moving Away from Toronto and Montréal
The latest Statistics Canada data indicates that people are leaving Toronto and Montréal in large numbers since the 2011 census. Even so, both metropolitan areas continued to grow through the 2016 census as a result of net international migration and the natural increase of births over deaths (Figure 1). It turns out that Canada’s urban pattern is much more like that of the US, as well as other high-income countries, than many may suppose. read more »
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Canada Turns 150 – Time to Celebrate – But Only in Moderation
Canada is one of the world’s most successful countries on quality of life and income indicators. Among the reasons for its success are its foundation of laws, vast natural resources, access to the huge American market, and law abiding citizens.
Canada was founded by the British Government at the height of the British Empire. French-speaking and English-speaking colonies agreed to join, and then spread west along the 49th parallel border with America. read more »
Canada at 150: Perspectives
Canada and the United States have lived together in peace for more than two centuries, since the War of 1812. Yet, it has not always been easy. read more »
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