affordability

A Toronto-based real estate company says it is planning to build 5,000 new rental units in urban centres across the country as a result of the federal government's decision to eliminate GST charges on rental developments.

The Liberal government is dusting off a measure it promised years ago and pulling in other parties' proposals for cheaper groceries and more homes as it struggles to tackle affordability concerns that are top-of-mind for many Canadians.

A new poll suggests nearly half of Canadians are living paycheque to paycheque as the cost of living crisis continues to squeeze household budgets, and young people are more likely to say their finances are in poor shape.

NDP Leader Jagmeet Singh is touring Atlantic Canada in an effort to highlight affordability issues — and flip two Liberal seats in the next federal election.

Climate protesters say a Toronto landlord is “greenwashing” rent increases and carrying out green retrofitting practices that displace long-term tenants.

Prime Minister Justin Trudeau has announced a massive overhaul to his cabinet two years into his latest mandate, with about three-quarters of cabinet portfolios switching hands.

Some Albertans may consider higher provincial spending on medical care as a point of pride. Especially now when so many Canadians are concerned about gaps in our medical system. But the data show this spending isn’t worth bragging about because it does not buy better outcomes. 

A new study from Generation Squeeze finds that both the UCP and the Alberta NDP commit to deliver just eight per cent of the concrete policy actions needed to support young families at the critical moment in their lives when they are planning for and having children.

The average price of a home in Alberta is approximately $447,000. It requires 10 years of full-time work for a typical young person to save enough for a 20 per cent down payment.

Finance Minister Chrystia Freeland has dismissed criticism that this week's federal budget lacks measures to address Canada’s housing crisis, saying last year’s budget featured a $10-billion plan that is still being spent.

The federal Liberal government is committing $8.7 million to hold more consultations on Indigenous resource sharing in a budget that offers relatively little new spending on its reconciliation agenda.

The federal government announced $59.5 billion of new spending over the next five years as part of a narrowly focused budget that also promises to find savings in the public service and increase tax revenues.

Deficits are in the forecast for British Columbia’s budget, but that’s not stopping the New Democrat government from spending billions on health, housing and families.

British Columbia's financial status will not be as rosy as it has been over the past year, says Finance Minister Katrine Conroy, who will table the New Democrat government's budget on Tuesday.