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The IMF concluded that "Canada runs the highest risk of mortgage defaults among advanced economies" in their June 2023 report comparing 38 countries. [70] Canada's residential housing stock was valued at 3.1 times GDP in 2023 after peaking in 2022. [71] By October 2023, housing sales had slowed (-17% compared to pre-pandemic) while prices ...
The Affordable Housing and Groceries Act, Bill C-56 (French: Loi sur le logement et l’épicerie à prix abordable) is a proposed legislation tabled in the House of Commons of Canada on 21 September 2023. [1] [2] The legislation has two parts. The first will temporarily remove the goods and services tax (GST) on new residential rental ...
What’s clear is rents are expected to return to more normal growth patterns instead of the unsustainable rates seen in 2021 and 2022. ... from runaway rental prices in 2023. ... do exactly in ...
High housing price is a major issue in a number of big cities in China. Starting in 2005, the high housing appreciation rate became a serious affordability problem for middle and low-income families: in 2004 the housing appreciation rate of 17.8%, almost twice the income growth rate of 10% . Municipal governments have responded to the calling ...
In 2013, there were 10,365 refugee applicants in Canada - by 2023, that number had increased to 143,770. Voter dissatisfaction with immigration was "more a symptom than a cause" of Trudeau's ...
In the May 2023-May 2024 data period, Downtown East Village had a crime rate of 15.605/100, an increase from the previous data period. [9] [10]This puts it at this comparison to other Calgary communities: Saddle Ridge (1.358/100), Whitehorn (1.741/100), Rundle (2.342/100), Brentwood (2.348/100), Acadia (2.542/100), Bowness (2.934/100), Shawnessy (3.296/100), Inglewood (3.438/100), Sunnyside (3 ...
Population density of Alberta, 2016. Alberta has experienced a relatively high rate of growth in recent years, due in large part to its economy. Between 2003 and 2004, the province saw high birthrates (on par with some larger provinces such as British Columbia), relatively high immigration, and a high rate of interprovincial migration when compared to other provinces. [1]
For the twelve months ended December 31, 2024, revenues were $878.0 million, an increase of 35% from $648.7 million for the twelve months ended December 31, 2023. For the fourth quarter of 2024, revenues were $225.7 million, an increase of 6% from $212.7 million for the fourth quarter of 2023.