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  1. 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 ...

  2. U.S. cities increase affordability while housing costs rise in Canada’s major centres

    In some Canadian cities, housing costs grew more than 50 per cent faster than incomes. ...

  3. 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 ...

  4. Perverse incentives may help erode housing affordability

    Rising incomes and low interest rates have generated tremendous demand for housing across the country. ...

  5. Lessons on land-use regulations from the 2008-09 recession

    Appeared in the Toronto Sun, April 8, 2020 Canadians have become accustomed to robust home-price appreciation in recent years, notably in southern regions of Ontario and British Columbia. Things look far less certain these days, thanks largely to the ...

  6. Two proposed projects—one in Ontario, one in B.C.—throw renters a lifeline

    In the greater Toronto and Vancouver areas, rents keep rising and rental vacancies remain low. ...

  7. Vancouver’s latest policy on rental development—big bang, or more timid tinkering?

    The more floors allowed in new projects, the more feasible they become. ...

  8. How Ottawa can tackle the housing shortage

    After years of the federal government tinkering with housing demand (the mortgage stress-test, the First-Time Home Buyer Incentive and other stick-and-carrot approaches to how people can purchase homes), it’s clear that housing ...

  9. After three years of squeezing demand, governments should target housing supply

    Appeared in the Globe and Mail, July 30, 2019 Three years ago this month, the British Columbia government dramatically increased the property transfer tax rate paid by foreign nationals and corporations purchasing residential real estate in Metro ...

  10. Rent control doesn’t help renters—but building more apartments does

    Over the last 12 months, apartment building completions in Toronto reached a 25-year high. ...