Search
Search results
-
Homebuyer plan unlikely to work, for at least two reasons
The federal government recently launched its First-Time Home Buyer Incentive, which offers a contribution (up to 10 per cent of the price of a first home) for households earning up to $120,000, in exchange for a stake in the home’s equity ...
-
Developer fees rising in Metro Vancouver
A recent Fraser Institute study compared 17 of Metro Vancouver’s 21 municipalities on spending, revenue and debt from 2007 to 2016, underscoring the changing makeup of municipal revenues in the region. As shown in the chart below, ...
-
More duplexes in Vancouver—one small step in the right direction
Vancouver City Hall has certainly caught on to the fact that there’s plenty of room to grow in British Columbia’s biggest city. This week, at the city’s last council meeting before October’s municipal election, outgoing Mayor Gregor ...
-
Even homeowners want lower home prices—it’s time for governments to act
Survey says large majorities of homeowners in Metro Vancouver and the Greater Toronto Area want housing prices to stop rising. ...
-
Housing takes centre stage in Toronto election
Though Toronto’s mayoral election is still months away, this has not stopped candidates from trading barbs on hot button issues. In particular, it appears housing has taken centre stage, with frontrunner candidates (current Mayor John ...
-
Dear Montreal, don’t lose your housing advantage
In 2016, average rents in Montreal were $835 a month compared to $1,242 in Toronto and just under $1,300 in Vancouver. ...
-
B.C. throne speech acknowledges importance of housing supply on affordability
In its recent speech to the throne, the B.C. government added a laundry list of measures that were not included in its election platform. Regardless of the motivations for this manoeuver, the speech included an important admission on ...
-
Is red tape on new homebuilding in Calgary pushing newcomers to the suburbs?
According to new Statistics Canada census data, the Prairies, and Alberta in particular, have seen the largest population growth in Canada over the last five years. Despite the economic downturn, the Calgary metropolitan area alone ...
-
B.C.’s interest-free loans could hurt new homebuyers more than it helps
Appeared in the Vancouver Sun, December 30, 2016 Due to Vancouver’s sky-high housing prices, many residents worry they might never be able to climb the property ladder. Indeed, a recent survey found that housing issues ranked as British Columbians’ ...