WEEK OF MAY 16 2022 NEWSREEL WITH KERRY CHANDLER
Ontario’s Liberals and New Democrats are both pledging to reintroduce rent control.
read moreWEEK OF MAY 9 2022 NEWSREEL WITH KERRY CHANDLER
Ontario is in election mode and we review what the parties are promising.
read moreWEEK OF MAY 2 2022 NEWSREEL WITH KERRY CHANDLER
Apartment, row house growth outpaces single-detached homes: census
read moreWEEK OF APRIL 25 2022 NEWSREEL WITH KERRY CHANDLER
Is government really looking to solve the housing crisis, we asked the question using recent headlines.
read moreWEEK OF APRIL 18 2022 NEWSREEL WITH KERRY CHANDLER
Today we cover housing stories making news – specifically in British Columbia.
read moreWEEK OF APRIL 11 2022 NEWSREEL WITH KERRY CHANDLER
2022 Federal Budget Report and how it affects our industry.
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LIBERAL-NDP POWER PACT PROMISES TO TACKLE HOUSING COSTS, TARGETS REITS, BANK PROFITS
Prime Minister Justin Trudeau’s power-sharing deal with an opposition party promises to tackle the soaring cost of housing in Canada and may target real estate investment trusts that own homes. The agreement between Trudeau’s governing Liberals and the New Democratic Party says the government will act on the “financialization of the housing market by the end of 2023.” No details were given, but in last year’s election the Liberal platform pledged to review the tax treatment of large corporate...
read moreTHE BANK OF CANADA MAY HAVE MADE ITS GRAVEST POLICY ERROR SINCE INFLATION TARGETING BEGAN
We’re potentially seeing the gravest central bank policy error since the dawn of inflation targeting. And mortgage holders could pay the price. Canada is now dealing with not only one pandemic, but two. COVID and inflation, the latter being a virus that spreads just as fast. Canadian families know full well how contagious inflation has become, permeating all aspects of their lives and feeding on itself for months. The Bank of Canada’s response thus far? One measly 25 basis point rate hike. Its...
read moreWHAT CANADA’S RENTAL MARKET COULD LOOK LIKE NEXT YEAR
While the percentage of available units in Canada’s primary rental market remained virtually the same in 2021 compared to the year before, there are still concerns that vacancy rates in key markets across the country could see a decline come next year. According to Thomas Davidoff, a housing economist and associate professor at the University of British Columbia’s Sauder School of Business, a decrease in vacancy rates means “bad news” for renters. “Usually, vacancy [rates] and rents move in...
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