My suggestion to people concerned about housing in Toronto and Vancouver is to stop looking for a scapegoat, stop searching for someone to blame, and start coming up with real, workable plans. The first step is to accept that high housing prices are justified based on supply and demand and devise a workable strategy that can either increase supply or reduce demand based on current market conditions. Be part of the solution, not the problem.
Mortgage portability allows you to move an existing mortgage to a new home and keep the same interest rate without incurring prepayment penalties on the sale of your previous home. Not all mortgages allow for porting, but if yours does, this sounds like a great way to right avoid penalties, right? Not necessarily.
Millennials are being hailed as the force that will drive down housing prices and mortgage rates for everybody. As the demand for housing shrinks while young adults put off buying their first house, so does the cost.
Coffee is social, cultural, and for much of the Western world, coffee is fuel. For many of us, our morning coffee is top priority in keeping up with life's many demands. Unfortunately for coffee junkies worldwide, the coffee industry is being threatened on a global level by the impacts of climate change.
Instead of "homelessness," he has renamed his lifestyle "urban camping."
Yes, shelter is expensive in Vancouver. And yes, many of the people who are rich and are able to afford a home in Vancouver are from Asia. But neither of those facts has got anything at all to do with ethnicity, and everything to do with economic ideology.
Anyone who tells you that we don't need the new power from a project like the Site C dam doesn't understand British Columbia's energy picture.
It isn't that we all started to collectively do things wrong, it's that the rest of the world is getting a LOT better at this sort of thing. We need to catch up.
As we all know, Vancouver is in one hell of a drought right now, let's all save water by drinking more beer! In the past few years Vancouver's craft beer scene has exploded into a myriad of fabulous places to imbibe fresh, local beer, and we're here to give you the heads up on some of the best.
No, it's not cheap to live here. And yes, we could have bought a house in the suburbs for the same cost as our condo, but that's the thing -- we don't want a house. We don't want extra square footage that we're going to fill with things we never use. We just want to live the life that feels right for us.
It is a powerful dream. Despite my cynicism, I love Vancouver and its natives who rail against the "No Fun City" label with all their might. I have always fantasized that I would raise my children in a place where different cultures and personality types butt up against each other, where difference is a way of life and not cause for alarm.
It's not as if this particular pledge -- to support equal rights for trans people in federal and provincial legislation -- presents too onerous a moral stretch. At least it shouldn't if you're planning to walk in a parade celebrating lesbian, bisexual, gay and transgender people.
It's time for municipal governments to rethink the assumption that more revenue is needed to fund transit expansion. Savings can be found within current spending envelopes, given the dramatic increases in spending by municipalities and TransLink over the last decade.
I've lived in Calgary for 5 years now, but I grew up in Vancouver. I'm consistently saying C-Train instead of SkyTrain, I know more about the Flames' prospects than the Canucks', and I love the Calgary Stampede like the summer Christmas that it is. But I still miss the coast.
Living in western societies we often take our right to vote for granted. Low voter turnout can be seen across the board from municipal elections, provincial ones, and even the federal elections -- in fairness it tends to get better the higher the level of government -- and it is for lack of a better word: depressing.
You may think that the present market condition in Canada is great, after reports of record breaking price increases in Vancouver and Toronto. Bear in mind that they are mostly fuelled by foreign Chinese buyers and local speculators, still unloading overvalued real estate to naïve buyers.