Housing activity in Toronto and Vancouver continues to skew the Canadian home sales picture, as these two markets experience characteristics that are very different from the rest of the country.
Canada is a wonderful, unique country. I came here as a musician and a stereotypical tea drinking, Marmite enjoying Brit to live, work and study for a masters degree at the University of British Columbia in Vancouver. I was immediately struck with the country's immeasurable beauty, vastness and diversity, but I was even more struck with how culturally different it was to my country.
If you've made a windfall profit, take it and run. If you're leveraged up to the pits and speculating on big gains, bail. If you're within a few years of retirement with most of your net worth in four walls, suck it out. If you cannot afford to see your equity peeled back by a third or more, and stay that way for years, then retreat. If you listened to Mom and bought a condo with diddly down, get out.
Through concerted collaboration executed in a spirit of co-opetition, over the last three years 11 Canadian cities have executed seven joint Foreign Direct Investment (FDI) missions with the Federal government to 12 countries.
It's been a long time coming, but the Evergreen Line is finally almost here. The tunnel is drilled, and the stations are coming to life with welcoming, open plazas. In early 2017, living in Burquitlam, Port Moody and Coquitlam will no longer necessitate a long commute or a costly Westcoast Express ticket.
Don't let back-to-school shopping destroy your end-of-summer travels. Forego your annual August trip to the nearest mall and embark on a back-to-school shopping adventure instead. Canada is home to some of the world's greatest shopping cities.
Forty-two per cent of adults 20 to 29 were living with parents in 2011, up from 27 per cent in 1981. Half of Ontarians in their 20s live at home, according to Statistics Canada's 2011 National Household Survey.
When Canadians return from celebrating the Canada Day long weekend, they can expect early July to be hot with discussion of potential changes in mortgage regulations and housing policy. Again. Only this time, the changes could have some real teeth to them.
The biggest benefit of speaking languages I've seen in my career is that it increased the opportunities that came my way. You do have to have other things working for you too, of course. You have to have other skills, like knowledge of a specific sector or market, the ability to do business and the ability to be a reliable, energetic person in any number of fields.
The sixth annual Indian Summer Festival is fast approaching, and arts and culture lovers all over our city are gearing up for what promises to be the most intellectually stimulating ten days of the year. Taking place from July 7th to 16th, the festival combines a range of events featuring thinkers, artists, and leaders from Canada, South Asia, and beyond into a program that promises to be enlightening, entertaining, and inclusive.
For several years, BC's tech sector has grown at double the rate of the provincial economy, in spite of the fact that our province lags behind other jurisdictions when it comes to tech exports, jobs, GDP contribution and availability of investment. In other words, the sector is succeeding in spite of a lack of attention from policymakers.
The city is putting a million dollars towards a mental health hub. Councillor Jang called it "a big health investment for the city." This hub will help about 5,000 people in need per year. How many people die by jumping from Burrard Bridge every year? The answer is .08 people, but the suicide barriers will cost $3.5 million.
These bylaws are so restrictive because they were written under the shadow of the Harper government. Now that we have the Liberals in power, and with such clear opposition to the current bylaws from the people of Vancouver, it is time for Mayor Gregor Robertson and Vision Vancouver to rethink their plan.
With so much of the attention focused on Victoria's tent city and Vancouver's skyrocketing home prices in the housing debate, one group is left hollering, "Hey, what about us?" That group is all of the Province's renters, and it's a group worth listening to.
Landlords normally know what they want -- a good, clean tenant that pays on time and doesn't destroy the rental unit. You know what you want if you're looking for your own place. But when you're selling yourself as a roommate, it's a little harder.
Are micro units, small condos and bachelor suites the way of the future; able to douse our city's precariously overheated housing market in a cool shower of affordable, convenient rental units? It seems the question is still up for debate here in the third least affordable housing market on the globe.