Rising land costs, not construction, to blame for housing unaffordability Canada has a severe and intractable housing crisis that could become existential for the middle class, eroding the standard of living. Our new Demographia Housing Affordability in Canada report (published by the Frontier Centre for public Policy) reveals that more than half (24) of the
Interest rate hikes, housing costs, rising taxes and stagnating wages are all crucial. We need to address these problems What can’t happen won’t happen. If incomes are stagnant while taxes, prices and interest rates rise, people will fail to pay their debts – as is the case for 120,000 Canadians every year. The long-term buildup
Reducing red tape allows for innovative solutions to housing for growing populations, ultimately lowering housing costs A recent Wall Street Journal article featured a number of cities that stand out, giving well-deserved praise to Vancouver’s walkable urban landscape. But while Vancouver continues to become even more pedestrian friendly, a much bigger problem is going unsolved.
The federal government spends nearly $21,000 annually per retiree compared to $4,350 per person under age 45 Over the last 10 years, the Conservative federal government has invested more in the oldest third of the Canadian population while cutting their taxes. Even my 71-year-old mother doesn’t believe this is good. She knows it means too