New study shows how local development processes increase Canadian home prices
On September 22, the Canadian Home Builders’ Association released its first-ever Municipal Benchmarking Study, an examination of how local development processes, including approvals and charges, impact housing affordability in 23 Canadian housing…
Canadian population growth at its lowest level since 2016
Latest data from Statistic Canada pointed to a slowdown in national population growth, which reached 38.01 million during the third quarter. This placed the annual increase at around 150,000 fewer people compared…
StatsCan: Mortgage debt to GDP ratio reaches new heights in Q2
The ratio of national mortgage debt to GDP has already exceeded 80%, according to Statistics Canada. During the second quarter, the volume of mortgage debt was equivalent to 84.28% of GDP. For…