Rising cost of low-end rental units driving increase in homelessness, report shows

Rising cost of low-end rental units driving increase in homelessness, report shows

Homelessness is growing the fastest in Canadian communities where rental prices have spiked and vacancy rates have tightened for low-cost rental units, according to a first-of-its-kind national analysis.

The Canadian Alliance to End Homelessness, in a study to be published Thursday, proved a clear relationship between regional rates of homelessness and housing affordability. It helps explain why homelessness has surged in Canada since 2018 and why certain communities have seen a sharper increase than others.

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Carney pledges $2.7B for new affordable housing measures in Toronto

Carney pledges $2.7B for new affordable housing measures in Toronto

The federal government is pledging $2.7 billion to build more than 18 housing projects across the city of Toronto, Prime Minister Mark Carney announced Wednesday.

The plan includes 5,600 rental homes, 1,800 of which will be “deeply affordable,” supportive or rent-controlled, according to Carney. He said 4,500 new homes will be under construction by year’s end.

He said the projects will take place in neighbourhoods hardest hit by rising rent and evictions, and will include a 16-story complex in Parkdale and another in Scarborough at 158 Borough Drive.


Building Gang Banger slums.

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CHARLEBOIS: Supply management meant to save Canadian dairy is now holding it back

CHARLEBOIS: Supply management meant to save Canadian dairy is now holding it back

On Aug. 19, the United States is expected to impose a 50% tariff on selected Canadian dairy products. Predictably, Ottawa will denounce Donald Trump and portray any discussion about reforming supply management as capitulation. That would be a mistake. The tariffs do not cover all dairy exports. Cheese, butter, yogurt and conventional milk are generally excluded. They primarily target ingredients such as whey, milk powders, lactose, casein and milk-protein concentrates.

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Federal survey finds rising food prices force Canadians to buy less meat and skip meals

Federal survey finds rising food prices force Canadians to buy less meat and skip meals

Rising grocery prices are forcing many Canadians to cut back on meat and fresh food, while one in five say they have skipped meals over the past six months, according to new research commissioned by the federal Department of Agriculture.

Blacklock’s Reporter says the survey found food affordability has become the dominant concern for Canadian shoppers, with most respondents saying inflation has fundamentally changed how they buy groceries.

(Incognito)

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Canadian Mortgage Arrears Hit Recession Levels, Reality Is Likely Worse

Canadian Mortgage Arrears Hit Recession Levels, Reality Is Likely Worse

Even more households are falling behind on their supersized mortgage payments. Canadian Bankers Association (CBA) data shows the mortgage arrears rate climbed in May. Mortgages at least 90 days past due have more than doubled since 2022, pushing the rate just shy of a decade high. New mortgage originations are also failing to offset outflows, already wiping out most of 2020’s low-rate growth.

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Canada’s FHSAs were meant to help new home buyers. Instead, they’re largely a $2-billion tax shelter for the rich

Canada’s FHSAs were meant to help new home buyers. Instead, they’re largely a $2-billion tax shelter for the rich

It’s enough to make your head spin.

At any given moment recently, a reader could glance at their favourite newspaper and see conflicting headlines about condo prices plummeting, houses loitering for weeks on the market, and potential buyers going to absurd lengths to afford a place to live.


Colour me shocked.

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The single biggest household bill draining Canadians’ bank accounts right now

The single biggest household bill draining Canadians’ bank accounts right now

HALIFAX – As the affordability crisis and overall inflation continues to impact Canadians across the country, a new national survey from Narrative Research showed 76 per cent said the cost of food and groceries had the biggest impact on their household finances.

Forty-seven per cent said gas is also a significant financial pressure, followed by mortgage and rent at 33 per cent.

Electricity, household maintenance and repairs, and home heating have also caused high levels of financial anxiety for Canadians.

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GUNTER: Tough to stop soaring prices on groceries in Canada

GUNTER: Tough to stop soaring prices on groceries in Canada

According to Blacklock’s Report, the federal department of agriculture paid for a survey of 3,000 Canadian shoppers and found the typical Canadian family can no longer afford to follow Canada’s Food Guide diet — half of the plate fresh fruits and vegetable, one-quarter whole grains and another quarter protein. (AgCanada suggests mostly plant-based proteins, but that’s a political and ecological fantasy.)

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More than 12,000 people sleeping on the street, federal report says

More than 12,000 people sleeping on the street, federal report says

A federal report gives a sense of the homeless count in Canada with 2025’s numbers doubling since the last survey in 2022, according to Blacklock’s Reporter.

According to new data from Housing Minister Gregor Robertson’s department, 12,857 people nationwide slept in “unsheltered locations such as streets, alleys, parks, transit stations, abandoned buildings, vehicles, ravines and other outdoor locations.”

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Who are Canada’s big city leavers? Mainly 25 to 44-year-olds, with young children

Who are Canada’s big city leavers? Mainly 25 to 44-year-olds, with young children

Toronto’s middle class is packing up and moving out at such a rapid pace that the city’s population is dropping. Montreal and Vancouver are also in the midst of a similar outmigration.

It’s not only bad news for those cities; it also harms the country as a whole by slowing economic growth, straining our health care system, and increasing political polarization.

This migration out of cities is not just a Toronto story. While the City of Toronto saw 40,000 more people move out to other parts of the country last year than moved in from elsewhere in Canada, Peel Region lost even more, at 45,000.


But Toronto has so much to offer!

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Liberals won’t say if foreign homebuyer ban will be extended as renewal window narrows

Liberals won’t say if foreign homebuyer ban will be extended as renewal window narrows

OTTAWA — The Liberal government has yet to say whether it plans to extend Canada’s ban on foreign homebuyers, even as internal briefing notes warned time is running short to renew the policy through the existing regulatory process before the ban expires.

If the government does nothing, Canada’s ban, which first came into force in 2023, will sunset automatically on Jan. 1, 2027. The ban currently prevents anyone who is not a Canadian citizen or permanent resident from purchasing a home in any urban area in the country.

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Canadian Real Estate Is Building A “Nation of Rentals”: BMO

Canadian Real Estate Is Building A “Nation of Rentals”: BMO

Canada’s building boom is slowing, but still very much alive–even without population growth. Canada Mortgage and Housing Corporation (CMHC) data shows housing starts slipped in June. BMO Capital Markets wrote to investors, explaining volumes of new housing aren’t a concern. However, they note Canada is building a “nation of rentals,” as most new units will be for purpose-built rentals (not homeowners) for the first time ever.

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Pain at the pump, sticker shock forcing buyers into used car lots

Pain at the pump, sticker shock forcing buyers into used car lots

OTTAWA — With Canada’s affordability crisis dashing dreams of home ownership for many, Canadians are now finding that owning a new car is also becoming out of reach.

Released on Tuesday, AutoTrader’s Q2 2026 automotive price index suggests that even though new car prices have eased slightly, one in seven Canadians are abandoning plans to purchase a new car off the lot, opting instead for more affordable used options.

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Canadian savings deteriorate as spending outpaces income: report

Canadian savings deteriorate as spending outpaces income: report

Savings have deteriorated for a majority of Canadians, particularly the bottom 80 per cent of Canadian households, as spending significantly outpace income growth, according to research by Boston Consulting Group.

Consumer spending is up, but that growth isn’t coming from income for those outside the top 20 per cent earners. The report said that for the lowest 20 per cent of earners, spending jumped 27 per cent over the past five years, while disposable income just went up three per cent.

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