Toronto

Canada continues to move to the suburbs, as the 2021 census data shows. This is based on a Statistics Canada analysis on metropolitan (Census Metropolitan Areas, or CMAs) population and change since the 2016 Census.  read more »

“Canada will always be there to defend the right to peaceful protest” – Justin Trudeau, in a reference to protests in India…

Asked why he supported some protests, but was determined to crush the trucker convoy, Justin Trudeau answered without hesitation  read more »

Demographia International Housing Affordability rates middle-income housing affordability in 92 major housing markets in eight nations: Australia, Canada, China, Ireland, New Zealand, Singapore, the United Kingdom and the United States).  read more »

Toronto seems guaranteed to retain its position as the densest urban area in North America (Canada and the United States), based on 2021 Census data recently released by Statistics Canada. The Toronto population centre (urban area) has grown at a rate of 0.8% annually since the 2016 census, while increasing its urban density to 3,088 persons per square kilometer.  read more »

Canada has released early results of the 2021 Census, with a detailed analysis of growth in Census Metropolitan Areas (CMAs). Among the 41 metropolitan areas, 77% of the population growth between the 2016 and 2021 censuses was in the suburbs, with 23% in the urban core (Figure 1). The suburbs have 78.5% of the total CMA population, with 21.5% in the urban core (Figure 2)  read more »

The ongoing pandemic is reshaping the geography of our planet, helping some areas and hurting others. In the West, the clear winners have been the sprawling suburbs and exurbs, while dense cores have been dealt a powerful blow. The pandemic also has accelerated class differences and inequality, with poor and working class people around the world paying the dearest price. These conclusions are based on data we have repeatedly updated.  read more »

Canada is experiencing resurgent growth, according to the latest population estimates from Statistics Canada. Between 2015 and 2019, the nation added 1.30 percent to its population annually. This is up about one-third from the annual rate between 2010 and 2015. The growth surge has been even greater in the larger labor markets (the 44 Census Metropolitan Areas [CMAs] and Census Agglomerations [CAs] over 100,000 population), where the annual rate has risen about approximately 30 percent, from 1.20 percent to 1.57 percent.  read more »

I’ve been having an ongoing series of conversations with my young friend Gracen up in Toronto about how to make sense of the Canadian real estate market. We see each other a few times a year as we both travel around North America.  read more »

The front page of The Wall Street Journal cited the difficulty of cities (Note 1) trying to stop the escalation of house prices “Western Cities Try, and Fail, To Slow Chinese Home Buying.” The more descriptive online headline said: Western Cities Want to Slow Flood of Chinese Home Buying. Nothing Works: Governments from Vancouver to Sydney to Toronto are using taxes and other restrictions to tackle real-estate bubbles.  read more »

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 »