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Would-be buyers are being forced to leave the cities they love.
Here are three alternatives to buying a home in a big city.
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The government is offering interest-free and payment-free loans for the first five years.
Chris Wattie / Reuters
"I'm sure it was a miserable night.''
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On the 26th of November, the announcement became public: the government of Mr. Justin Trudeau had decided to approve Kinder Morgan's TransMountain pipeline to the port of Vancouver as well as renovati...
Andy Clark / Reuters
In a market where you need your parents' help to buy a house, only those whose parents own a house can buy.
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Quite simply, the values espoused by Donald Trump and his supporters do not align with the values that are held by the majority of Canadians -- and they certainly do not align with the values that are held by the vast majority of Vancouverites. Bottom line: there is no room for Trump in our city.
Unable to pinpoint a specific cause for the deaths of their last two remaining belugas, the Vancouver Aquarium was left to speculate. And speculate they did, deftly pointing their finger at the critics of whale captivity that have been an ever-present thorn in their side. Ask yourself: Are these the actions one expects from a world-class science-based conservation charity? Or are they the public relations tactics more typical of people with something to hide?
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The conditions were first unveiled in 2012.
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Toronto and Vancouver are joining an elite club of cities where many can't afford to buy housing.
NIMBYism isn't just about anti-development. It can be viewed as "anti-change," and its ripple effect is far-reaching. What happens when cities stop attracting new residents and business? Let's just say that aging populations and infrastructure typically do not support growth.
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The operation was called Project Lactose Intolerant.
It will apply to non-principal residences that are left empty for six months of the year or longer.