Peter Munk Centre for Free Enterprise Education
Brooklyn is as populous as Toronto but less than a third as large geographically.
Historically low interest rates have enabled families to more than double their mortgage borrowing power since 2000.
Other regions created new jobs on net, but those were almost entirely offset by other regions shedding jobs.
Considering current amalgamation movements in Canada, there’s strong evidence that many do not yet grasp the importance of decentralization.
Between 2011 and 2016, the city gained more than 116,000 new residents.
Electricity prices in Toronto rose by 71 per cent between 2008 and 2016.
Labour market performance has been extremely weak since the last recession.