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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]
A house price index (HPI) measures the price changes of residential housing as a percentage change from some specific start date (which has an HPI of 100). Methodologies commonly used to calculate an HPI are hedonic regression (HR), simple moving average (SMA), and repeat-sales regression (RSR).
As of May 2022, she was the most successful Canadian to play on the show and ranks 5th in all-time regular season wins. [14] [15] May 12 – An official death toll from COVID-19 in Canada exceeds 40,000 people since the start of the pandemic.
The Government of Canada recommends that all-numeric dates in both English and French use the YYYY-MM-DD format codified in ISO 8601. [11] The Standards Council of Canada also specifies this as the country's date format. [12] [13] The YYYY-MM-DD format is the only officially recommended method of writing a numeric date in Canada. [2]
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In Canada, the borrower must seek independent legal advice before being approved for a reverse mortgage. In the United States, reverse mortgage borrowers, similarly to other mortgage borrowers, can face foreclosure if they do not maintain their homes or keep up to date on homeowner's insurance and property taxes. [4]
January 8: Mayoral by-election in Morell, Prince Edward Island; January 10: Municipal and mayoral by-election in Westlock, Alberta [1]; January 13: Municipal by-election in Stewart, British Columbia [2]
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