Ontario Premier Doug Ford may not be a lawyer or legal scholar, but he is absolutely right about the court decision out of Waterloo last week.
Ford has called the decision “beyond ridiculous” and said the judge is “a few fries short of a Happy Meal” given his reasoning on a homelessness decision.
OTTAWA – The federal Liberal government is sticking to its pledge to double the pace of home building even as headwinds buffet the construction industry.
Prime Minister Mark Carney promised in his 2025 election platform to make investments that would double the pace of housing construction over the next decade to drive down the costs of rent and home ownership.
Hateful liars.
Canadian real estate went from a speculative asset with global demand to a glut in just a few years. Canada Mortgage and Housing Corporation (CMHC) data shows completed and unabsorbed inventory rose in April.
Builders are now sitting on the most completed and unsold new homes in the country’s history—and there’s a lot more supply in the pipeline.
Buried in a recent publication by Canada’s Federal Housing Advocate is one of the bleakest housing forecasts in recent memory: Many middle-income Canadians may have to wait until 2060 before adequate housing will be affordable for what they earn.
While I hope we can restore affordability somewhat faster, this honesty about what is realistically achievable is striking. Millennials, Gen Z and even many of today’s elementary school children are being told that Canada’s housing system will remain stacked against them for decades.
Carney don’t care. He’s going to give his pals all the cheap 3rd world labour they want.
Are Canadians reaching their ‘breaking point’? New data shows more people filing for insolvency
More Canadians are filing for insolvency according to the latest data from the Office of the Superintendent of Bankruptcy, as rising costs stretch consumers to their limits.
Some 37,121 Canadians filed for insolvency in the first quarter of 2026 — the highest number of consumer insolvencies since 2009, when North America was reeling from the financial crisis.
Compared to the same time period last year, insolvencies are up 8.5 per cent.
However, the population now is higher than it was in 2009. Insolvency trustee Doug Hoyes says when that population growth is factored in, the rates of insolvency are much lower than 2009 levels.
Hmmm … Brampton Leads Canada in Mortgage Delinquencies
Young Canadians are buying homes at the lowest rates seen since the postwar period, according to new Statistics Canada data that adds to growing concerns over affordability, declining optimism and widening generational inequality.
Blacklock’s Reporter says the report found millennials are significantly less likely to own homes than previous generations were at the same age, reinforcing fears that the traditional middle-class path to ownership is slipping out of reach.
Distressed home sellers are popping up more and more in Toronto’s real estate market as prices continue to tumble, leaving hundreds of homeowners with no equity in their homes.
April reached a two-year high for the number of power of sale listings in Ontario with more than 300, according to publicly available information on IDX and VOW — property listing databases that realtors can access.
Canada’s restaurant industry is often treated as a symbol of resilience. Through inflation, lockdowns, labour shortages, and supply chain disruptions, restaurateurs have somehow kept the lights on. But beneath the surface of the latest sales numbers lies a much darker reality: The economics of operating a restaurant in Canada are becoming increasingly untenable.
The country’s poverty rate barely budged in 2024, remaining well above 2020 levels with more than one in 10 Canadians qualifying as impoverished, according to Statistics Canada.
In a newly released survey, the agency found 11 per cent of Canadians — about 4.5 million people — lived in poverty in 2024 versus 11.1 per cent in 2023 and seven per cent in 2020.
As the province prepares to close the Luugat single-room occupancy (SRO) building on Vancouver’s Granville Street by the end of June, it appears BC Housing doesn’t want the public to see inside the former hotel that taxpayers paid millions of dollars to convert to supportive housing during COVID.
“I’m happy to get out of there,” Luugat resident Stewart Holcombe said with a chuckle Friday.
How was this allowed to happen?
Brampton, a fast-growing city west of Toronto, is at the heart of Canada’s mortgage troubles as a growing number of homeowners miss loan payments and lenders force the sale of their homes.
The municipality has the highest mortgage delinquency rate among larger Canadian cities, according to data from Equifax Canada. And its rate of delinquencies – defined as at least 90 days of missed payments – has been rising at a faster pace than in the rest of the country.
Canada is not supposed to have a food problem.
It is a country defined by its capacity to produce—vast agricultural land, reliable water, and generations of farmers who have sustained both. For most Canadians, food has been stable, available, and dependable.
That has not been an assumption. It has been a lived reality. That reality is now under strain.
Canadians are no longer bracing for runaway food inflation, but that doesn’t mean they’ve recovered from it. The latest data from the latest Canadian Food Sentiment Index, produced by Dalhousie University’s Agri-Food Analytics Lab, suggests something more nuanced: the shock of inflation may be fading, but its effects are now deeply embedded in how Canadians live, spend, and eat.
To understand where we are today, we need to look back.
The number of known homeless encampments across Toronto this spring has plunged dramatically from last year, new city data shows — with their official count in March more than 70 per cent lower than at the same time last year.
This dramatic downswing is seen by city hall as a sign of progress, as demand has eased on the shelter system and more people were housed in 2025 than 2024. But several community workers warn that they’re seeing more people sleeping rough without a tent to stay under the radar, sheltering instead in places like transit stations or beneath doorways.
Bad news if you recently decided to eat more greens because meat is so expensive.
It’s the produce section of your local grocery store that may trigger a double-take these days. Fresh veggies cost 7.8 per cent more year over year in March, according to Statistics Canada’s most recent inflation numbers. After prices increased 0.5 per cent in February, March’s increase is the largest since August 2023.
