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From 2003 to 2018, Canada saw an increase in home and property prices of up to 337% in some cities. [2] In 2016, the OECD warned that Canada's financial stability was at risk due to elevated housing prices, investment and household debt. [3] By 2018, home-owning costs were above 1990 levels when Canada saw its last housing bubble burst. [4]
In the Greater Toronto Area, there are 25 incorporated municipalities in either York Region, Halton Region, Peel Region, Durham Region or Toronto. According to the 2021 census , the Greater Toronto Area has a total population of 6,711,985.
For the analysis of income, Statistics Canada distinguishes between the following statistical units: Households: "a person or group of persons who occupy the same dwelling" [ 1 ] Economic families: "two or more persons who live in the same dwelling and are related to each other by blood, marriage, common-law union, adoption or a foster ...
When we last covered cities experiencing rent growth, it was June 2022 and the rent growth rate had increased by 14.1% over June 2021. Rent circa 2024 looks a little different. According to the...
Analysis by Oxford Economics estimated that 25% tariffs implemented across all sectors and predicted retaliatory tariffs would cause Canada's GDP to fall by 2.5% by early 2026, increase its inflation rate to 7.2% by mid-2025, and increase its unemployment rate to 7.9% by the end of 2025 due to an estimated 150,000 layoffs.
This is a list of the census metropolitan areas and agglomerations in Canada by population, using data from the 2021 Canadian census and the 2016 Canadian census. [1] Each entry is identified as a census metropolitan area (CMA) or a census agglomeration (CA) as defined by Statistics Canada.
While Canada's ten provinces and three territories exhibit high per capita GDPs, there is wide variation among them. Ontario , the country's most populous province, is a major manufacturing and trade hub with extensive linkages to the northeastern and midwestern United States .
The Century Initiative [a] [3] is a Canadian lobby group [4] [5] [6] that aims to increase Canada's population to 100 million by 2100. [7] This includes increasing the population of megaregions, which are interlocking areas with more than one city centre and a typical population of 5 million or more (e.g., the Greater Toronto Area, Greater Vancouver, and the National Capital Region).