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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).
The year used in dates during the Roman Republic and the Roman Empire was the consular year, which began on the day when consuls first entered office—probably 1 May before 222 BC, 15 March from 222 BC and 1 January from 153 BC. [44] The Julian calendar, which began in 45 BC, continued to use 1 January as the first day of the new year. Even ...
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.
July 9: 2022 Nova Scotia Liberal Party leadership election; August 6: 2022 New Brunswick Liberal Association leadership election; September 10: 2022 Conservative Party of Canada leadership election; October 6: 2022 United Conservative Party leadership election; October 21: 2022 British Columbia New Democratic Party leadership election; November 19:
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The budget is announced in the House of Commons by the Minister of Finance, who traditionally wears new shoes while doing so. [1] The Budget is then voted on by the House of Commons. Budgets are a confidence measure, and if the House votes against it the government can fall, as happened to Prime Minister Joe Clark 's government in 1980.
As a result, Canada's debt-to-GDP ratio increased in 2020 and 2021. [ 4 ] In March 2022, the New Democratic Party agreed to a confidence and supply deal with Justin Trudeau 's Liberal Party .