8 h. ago Rental housing supply falls well short of actual demand in Canada

National Bank of Canada predicts a catch-up in rental supply is underway.

Other

8 h. ago Home construction must double over decade to restore 2019 affordability: CMHC

Canada Mortgage and Housing Corp. says up to 4.8 million new homes will need to be built over the next decade to restore affordability levels last seen in 2019 based on projected demand. The national housing agency released its latest supply gaps estimate report on Thursday, which said between 430,000 and 480,000 new housing units […]

Other

9 h. ago Home construction must double over next decade to restore 2019 affordability: CMHC

Canada Mortgage and Housing Corp. says up to 4.8 million new homes will need to be built over the next decade to restore affordability levels last seen in 2019 based on projected demand. The national housing agency released its latest supply gaps estimate report on Thursday, which said between 430,000 and 480,000 new housing units […]

Other

3 d. ago No one is building condos in Toronto anymore as market hits 20

Almost every piece of data that has emerged about Toronto real estate in the last year-plus has served as a disheartening blow to anyone with a stake in the market, as the city's once-scorching sector has slowed to a crawl — and keeps waning further.The latest analysis, published by the Canada Mortgage and Housing Corporation (CMHC) on Monday, reinforces that the country's new condo market specifically is in a state of deep turmoil, especially in locales like Toronto and Vancouver, where the housing type has long been a boon to investors.The national housing agency says that as of May, housing starts nationwide have fallen slightly from this time last year, mostly driven by "weak condominium market conditions" in both Toronto and Vancouver that have pulled the stats for these hubs down drastically below this national average.The west coast city broke ground on 10 per cent fewer homes over the co...

Other

5 d. ago The history behind Toronto’s own version of the 'Stonewall' event

It’s been over 50 years since the events of the Brunswick Four, when Toronto police brutally assaulted a group of lesbians for singing a parody at the city's Brunswick House pub. While some academics have likened this moment to Canada's "Stonewall" — as this was one of the first major gay or lesbian topics that received extensive press coverage in Canada — the Brunswick Four have only in recent years begun to receive the acknowledgement they deserve.  The event also helped popularized the term "dyke," a word now used for Dyke Marches, Dykes on Bike and other initiatives internationally."Honestly, they all seem to have just forgot about it," says Adrienne Rosen, the only member of the Brunswick Four who was wrongfully convicted. Rosen, along with Lamar Van Dyke and Pat Murphy (now deceased) were arrested.  "Outside of a few [in the community], the gay movement never rea...

Other

7 d. ago 'Crisis on Granville Street': After 900 emergency calls, 43 fires, B.C. vows to move supportive housing

'I've never seen it this bad,' says Dave Kershaw, who has owned a nightclub on Granville Street since the late 1990s.

Events

7 d. ago Canadian household wealth climbs to $17.6 trillion, but growth is slowing

Wealthiest 20% hold more than two-thirds of financial assets and more than half of real estate

Economics

7 d. ago Canada to let telecoms hand over your personal data to cops without warrant

On June 3, 2025, the House of Commons of Canada introduced Bill C-2.Bill C-2 is described as "An Act respecting certain measures relating to the security of the border between Canada and the United States and respecting other related security measures."This new federal bill is intended to address border-related issues and proposes significant amendments to certain statutes, including the Criminal Code. The government justified the changes by claiming they will help protect children, battle organized crime and combat fentanyl.However, the bill sparked concern over potential impacts on Canadians' digital privacy due to warrantless data access. One of the areas of concern is the new definitions Bill C-2 introduces. In Part 14, the bill amends the Criminal Code with "subscriber information" and "information demand" definitions, which are as follows:Bill C-2 Part 14 (I): "facilitate access to basic information that will assist in the ...

Other

9 d. ago Ontario leads Canada for rising rates of people not paying credit card bills

Canadians have been feeling the economic noose tightening around their necks for a few years now, with the cost of living — especially in cities like Toronto and Vancouver — skyrocketing above even our usually-exorbitant levels over the course of COVID and remaining ridiculously high ever since.Those living in the GTA are, in many respects, faring the worst, forced to spend more of their earnings on housing than people in nearly any other metropolis in not just Canada, but the world, according to a new report from the esteemed Oxford Economics.It naturally follows, then, that the city and province of Ontario as a whole have been seeing a startling uptick in people failing to pay off their mortgages and other bills.While the Toronto area now boasts the fastest-rising rate of 90-day mortgage delinquencies in Canada, new data shows that Ontario is experiencing the largest surge in residents defaulting on their cred...

Economics

1 week ago Fewer Ontario cities will hit housing targets amidst ‘major crisis’: minister

The Minister of Municipal Affairs and Housing accepted the number of new homes in Ontario was lagging far behind the targets it set itself, calling the situation 'a major crisis.'

Politics

1 week ago Canada’s housing crisis calls for more than ‘cranes on the skyline’

Douglas Todd: With almost one in three homes owned by investors, the market is so distorted that politician's vow to 'build, baby, build' rings hollow. There are other ways.

Other

1 week ago CUPE Alberta Calls on Minister Nicolaides to Prevent Education Crisis After Federal Funding Cuts

EDMONTON, Alberta — CUPE Alberta is sounding the alarm over a looming crisis in the province’s K–12 education system as hundreds of educational assistants (EAs) across the province face job losses following the withdrawal of most of the federal Jordan’s Principle funding for non-reserve schools. Jordan’s Principle is a federal policy intended to ensure First […]

Politics

2 w. ago ‘We’re going to clean this up:’ White House on the future of Canadians going to Harvard

'They want the knowledge, and in some cases, they want to steal our research,' Pete Hoekstra said about some foreign students

Other

2 w. ago Extend GST housing rebate to seniors who want to downsize, report recommends

Eliminating some transaction costs would help spur more downsizing, the report says

Other

2 w. ago Trump to double steel and aluminum tariffs on Canada: White House press secretary

The order will raise the tariffs on all steel and aluminum imports to the U.S. from 25 per cent to 50 per cent

Politics

2 w. ago Carney denounces ‘unlawful and unjustified’ doubling of U.S. tariffs on steel and aluminum

The order will raise the tariffs on all steel and aluminum imports to the U.S. from 25 per cent to 50 per cent

Economics

2 w. ago Canada's economy will be one of the most hurt by global downturn

A new report warns Canada of a grim future, predicting that our economy will be hit the hardest by a global economic slowdown.The Organization for Economic Co-operation and Development (OECD) released the first issue of its 2025 economic outlook, and the forecast didn't look so good for countries embroiled in a trade war with the United States.The economic outlook projects global growth slowing from 3.3 per cent in 2024 to 2.9 per cent in both 2025 and 2026.It notes that the slowdown is expected to be most pronounced in the U.S., Canada, Mexico and China.OECD slams Canada’s immigration policy: Record-high immigration is worsening housing, productivity & hiding a per capita recession, says new report. GDP is up — but Canadians are poorer. 👉 Low-skilled inflows 📷 Soaring housing costs 📷#cdnpoli #OECD pic.twitter.com/zWR3zQtgJE— ICC Immigration (@icc_immigration) June 3, 2025"The global outlook is becoming increasingly challenging," ...

Other

2 w. ago FIRST READING: High immigration is worsening Canada’s economic problems, says report

Record-high immigration impacting productivity and housing affordability, two metrics on which Canada is among the worst in the world

Other

2 w. ago $800,000 Toronto house looks like it's been trapped in the past

You know a house has been off the market for a long time when it still runs on an oil furnace.Sure, there are technically still 610,000 households in Canada clinging to oil heating. But in Ontario, under five per cent of homes use oil heating, and finding one in Toronto? Practically unheard of.Yet that's just one of many relics from the past you'll find at 18 Scarlett Rd., a three-bedroom, two-bathroom home that hasn't quite made it into the 21st century.The front hall. The listing describes it as "full of original vintage character," and yes, that is just real estate code for "needs work." The dining area in the kitchen. Although there are some redeeming vintage qualities.The living room. For example, the stone fireplace, the arched doorways, and apparently buried underneath that horrible green carpeting is hidden hardwood flooring, just waiting to be uncovered.A bedroom. Still, this place hasn't seen ...

Economics

2 w. ago What White House reportedly said about the future of Mark Carney’s daughter at Harvard

Cleo Carney is pursuing bachelor’s in economics at Harvard University

Transport