Dissecting Southern Ontario’s Affordable Housing Crisis

Another month, another milestone. March 2017 marks yet another polarizing uptick in Toronto’s home sales statistics. The latest release from TREB notes a startling 33.2% increase in average GTA selling prices year-over year. When asked for comment, a “deeply troubled” John Tory remarked: “The dream of home ownership has to … [more]

Canadian economy will feel the heat of Fort McMurray fires

The merciless wildfires continue to rage in Fort McMurray, Alberta, and the smoke definitely hasn’t cleared yet. However, when it does, there will be a lot to survey — including the full impact on people’s livelihoods and their futures. There will be long-term recovery from such a large-scale fire that … [more]

Government spending spree will hurt our pockets for years to come

The politicians running the country and one of our nation’s biggest economies (Ontario, in particular) have spending tendencies that echo the name of their party: Liberal. Let’s start by looking at the provincial Liberals. Keep in mind that according to recent numbers, the province’s net debt load is expected to … [more]

Germany’s biggest bank on the brink of collapse?

Perhaps we’ve been paying too much attention to buzzwords such as “economic slowdown” and “recession” in North America for the past few years, which has caused us to take our eyes off a possibly bigger problem in Europe. It hasn’t been very long since the Greek debt crisis that all but … [more]

Should Canada take interest in adopting negative interest rates?

When you put your money in a bank, you expect some kind of return — after all, the bank is profiting from your trust. However, there’s a trend in Asia and Europe to charge “negative interest rates,” which is, amazingly, banks charging you an interest rate to essentially hold your … [more]

Canadians giving more, but not from the younger generations

Canada is sometimes criticized for being a country that has no true identity of its own. However, perhaps that is our country’s identity — a sum of its parts, a generous nation that welcomes immigrants as well as supports them abroad. However, will that hold true with future generations? The … [more]

Why lenders are quietly raising mortgage rates

The Bank of Canada has kept its overnight lending rate to an all-time low, an unheard of 0.5 per cent, and it says it plans to keep it that way for some time. So why are some banks raising their own lending rates despite this? As many of you know … [more]

Trudeau must avoid soft approach to hard political decisions

So Canadians have spoken, and we have a new leader … but is he the right leader? Obviously he has appeal for a younger generation of voters, but you need more than appeal to successfully run a country. Let’s look at the past legacy of Stephen Harper, and ahead to … [more]

Is the TPP the key to Canada’s economic future?

The Trans-Pacific Partnership might be the most talked about item in the news right now, despite few clear details about it, because the full text hasn’t been released to the public prior to the election. The partnership — which sees a free trade agreement between 12 countries — was announced … [more]

Getting serious about Syria’s refugee crisis

You can scarcely turn on the news these days without seeing something about Syrians fleeing the horror of conflict — made all the more real by the recent haunting image of a Syrian toddler who died when his family tried to flee the genocide to the shores of Greece. The tragedy … [more]


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