TORONTO – In 2023, home prices could fall by just 1%, according to a new market survey carried out by Royal LePage. The (average) price of a Canadian home would therefore fall just 1% year-over-year from $772,900 to $765,171 – something that could disappoint hopeful homebuyers that rising interest rates would pushed house prices down. (more…)
TORONTO – Dying could become particularly easy in Canada: a depression will be enough to ask for access to euthanasia, the medically assisted death. Indeed, the country is preparing to expand its spectrum of assisted suicide which will become one of the largest in the world: starting in March, even people whose only pathology is mental illness will be able to access death. (more…)
TORONTO – The municipalities of Ontario fear that the new housing legislation adopted by the Province could unload excessive burdens on the municipalities themselves and on taxpayers. The bill presented Tuesday by Ontario Minister of Municipal Affairs and Housing, Steve Clark, would, in fact, reduce and / or exempt from taxes that builders would have to pay in order to build. (more…)
TORONTO – “It will be a difficult period for the Canadian economy”. Federal Minister of Finance, Chrystia Freeland (in the pic above, from her Facebook page), issued a warning: the next few months will not be good as the Bank of Canada’s recent rate hikes to tame (according to the bank itself) skyrocketing inflation will increase borrowing costs for businesses and consumers, which will send shockwaves throughout the economy, Freeland said, effectively echoing a concept that many economists have been arguing for months. (more…)
Danielle Smith is the UCP’s new leader and Alberta’s next premier. After a night of delays – the vote counts came hard – she won on the sixth and final ballot, defeating her closest challenger Travis Toews, former minister under outgoing UCP leader and premier, Jason Kenney: the result was 53.77 per cent of the votes to her and 46.23 per cent to Toews. Brian Jean, Rebecca Schulz, Todd Loewen, Rajan Sawhney and Leela Aheer were all eliminated in earlier rounds.