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Job Creation and Housing Starts in Canada’s Largest Metropolitan Areas
Canada’s economy has generated millions of new jobs over the last two decades, with the total number of employed people nationwide growing by 4.1 million between 2001 and 2019 (a 27.6% increase). Though growth in employment is unambiguously positive, it ...
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Changes in the Affordability of Housing in Canadian and American Cities, 2006–2016
By bringing together workers, capital, businesses, and ideas in a compact geographic market, cities promote improved productivity performance, and thereby faster economic growth and higher real incomes for workers. The affordability of housing in a city ...
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Who Bears the Burden of Property Taxes in Canada’s Largest Metropolitan Areas?
Property taxes are the primary source of revenue for local governments in Canada. The revenues raised are used to pay for a variety of public services including police, schools, fire protection, roads, and sewers. Owners of different classes of property, ...
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Comparing Municipal Finances in the Greater Toronto and Hamilton Area
Municipal governments play an important role in the lives of Ontarians by providing key services and collecting taxes and fees. But it is not always straightforward for citizens to understand the state of their municipal government’s finances, and even ...
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Comparing Municipal Government Finances in Metro Vancouver, 2018 Edition
Municipal governments play an important role in the lives of British Columbians by providing important services and collecting taxes. But municipal finances do not receive the same degree of public scrutiny as the finances of senior governments. This can ...
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Room to Grow: Comparing Urban Density in Canada and Abroad
As Canada’s most successful metropolitan areas continue to grow, they face pressures to grow outward—through the construction of new communities at the urban fringe—and upward—by accommodating more residents in existing urban areas, leading to ...
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Interest Rates and Mortgage Borrowing Power in Canada
One often-overlooked contributing factor to rising home prices in Canada is mortgage interest rates. Between 2000 and 2016, the prevailing mortgage interest rate declined from 7.0 percent o 2.7 percent. This decline resulted in a 52.9 percent ...
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New Homes and Red Tape in British Columbia: Residential Land-Use Regulation in the Lower Mainland
As an increasing number of people move to Canada’s major cities, high housing prices persist in its most desirable markets. With growing concerns about housing affordability and prices, understanding how public policy affects the supply of new homes is ...
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New Homes and Red Tape in Alberta: Residential Land-Use Regulation in the Calgary-Edmonton Corridor
As an increasing number of people move to major Canadian cities, housing prices have continued to rise in its most desirable markets. Understanding how public policy affects the supply of new homes is critical. The Fraser Institute’s survey of housing ...
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New Homes and Red Tape in Ontario: Residential Land-Use Regulation in the Greater Golden Horseshoe
As an increasing number of people move to major Canadian cities, housing prices have continued to rise in its most desirable markets. With growing concern about housing availablility and prices, understanding how public policy affects the supply of new ...