5 d. ago Opinion: The slow unravelling of higher education in B.C. has begun

Trevor McFadyen: The federal cap on international students triggered the crisis. Decades of provincial underfunding made it inevitable.

Events

5 d. ago Ottawa draft budget focusing on 'stability' with 3.75% property tax hike

The property tax increase equates to about $166 more to the average household's tax bill next year.

Economics

1 week ago Toronto housing market is dying and here's how much average prices have dropped

Home sales and prices in the Greater Toronto Area (GTA) continue to plummet to historic lows. These trends continued through October 2025, casting further doubt on the future of the region's turbulent housing market.The latest data from the Toronto Regional Real Estate Board (TRREB) highlights continued market challenges affecting homeowners and sellers, while the ever-falling cost of a home in the region offers a ray of hope for would-be homebuyers who have been priced out of the market throughout the last decade of runaway land values.TRREB's Oct. 2025 data reveals that home sales have once again declined year-over-year in the region, with 6,138 home sales representing a 9.5 per cent drop over the same period in 2024.The City of Toronto registered 155 fewer home sales year-over-year, while 905-region sales declined by 491 homes. Overall, GTA home sales declined by 646 units in October 2025 from the 6,784 units sold during the same period last year.Figures were also down mo...

Economics

1 week ago Ontario house with a hot tub just outside the city somehow under $500K

Anyone who's spent time doomscrolling through Toronto real estate listings lately knows that "starter home" has basically become code for "condemned shack that'll eat your savings and your will to live."Despite a slower market, the average home in Toronto still sells for over $1 million, which makes finding a detached house that isn't a full-gut renovation money pit feel like a fantasy.But if you're willing to look just outside the city — say, in Oshawa — you might be surprised by what half that price can get you.The living room. Take 200 Court St., for example. This fully updated, three-bedroom detached home is listed for under $500,000. Yes, you read that right — a whole house costs less than your average downtown Toronto one-bedroom condo.The dining room. Nestled on a quiet, family-friendly street, the home is completely turnkey, meaning you won't have to spend the next year arguing over backsplash tiles or ...

Economics

1 week ago Housing Industry Responds to Budget 2025: “From a promise of 500,000 new homes – to a plan that will cost 100,000 jobs”

Toronto, Nov. 05, 2025 (GLOBE NEWSWIRE) — Greater Toronto Area, November 5, 2025 – The Large Urban Centre Alliance, co-facilitated by the Building Industry and Land Development Association (BILD), is deeply disappointed and concerned with the federal budget’s response to the serious crisis impacting the housing sector in Canada’s largest municipalities. What was once a […]

Economics

2 w. ago Canada's happiest city is in Ontario and here's what it costs to live there

Thanks to years of affordability challenges, it looks like happiness — especially in major cities across Canada — is slipping, although there's one place in Ontario that's faring better than the rest. Based on market researcher Leger's Happy Cities 2025 report released in July, real estate agency Zoocasa analyzed Canada's 10 largest cities to see where residents feel the happiest, and how much that happiness actually costs. Overall, Canadians rated their happiness at an average of 68.7 out of 100 in Leger's report, which grouped respondents as very happy (scores of 9 to 10), happy (7 to 8), or unhappy (1 to 6). After collecting more than 39,800 responses from across the country, the report found that only two of the country's largest cities scored above the national benchmark. To see how housing can influence happiness, Zoocasa compared Leger's report with average home prices from the Canadian Real Estate Ass...

Economics

2 w. ago Uncertainty over federal food aid deepens as the shutdown fight reaches a crisis point

WASHINGTON (AP) — The crises at the heart of the government shutdown fight in Washington were coming to a head Saturday as the federal food assistance program faced delays and millions of Americans were set to see a dramatic rise in their health insurance bills. The impacts on basic needs — food and medical care […]

Other

4 w. ago Average home price must fall in Canada to restore affordability, minister says

OTTAWA — Federal Housing Minister Gregor Robertson says the average price of housing — not necessarily individual home values — must fall to restore affordability in Canada. Robertson was before the House of Commons finance committee on Monday answering MPs’ questions about the Liberal government’s affordability legislation. He acknowledged in his opening remarks that Canada […]

Politics

4 w. ago Average housing price must fall to fix ‘crisis,’ federal minister says

Gregor Robertson acknowledged that Canada faces a 'housing crisis' but argued the federal Liberals are taking action to lower the cost of a home and boost the housing supply.

Politics