Parents finally downsizing? How to help with the big move — without the big costs. Flight delayed? Baggage lost? Here's how to apply for compensation. Just got a raise? Here's how to effectively use that extra cash. Canada tax changes to be aware of in 2024. Four new year's resolutions for retirement investors: Dale Jackson. Pocketbook concerns and even conflict abroad weigh on New Year’s Eve spending plans . Tax hike on wealthy donors could add to charity woes in 2024.
Statistics Canada says household debt-to-income ratio lower in Q3, service costs up. Ottawa shares figures on FHSA uptake as contribution deadline approaches. Landlord SBB Explores IPO for Some Norway Assets to Raise Funds. Credit Markets Get a Jolt From Property Losses at Banks. China’s Central Bank Adds $21 Billion in Cheap Funds for Housing. Gamble on US Commercial Property Blows Up for Japan’s AozoraBank. Term Funding Borrowings Edge Lower After Fed Raised Rate. Calgary sees bump in home sales but inventory remains low in tight market. Inside Julius Baer’s Failed Gamble on Signa Real Estate Empire. Mortgage Rates in the US Slip to
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Peel Launches Recruitment Campaign to Find Foster Parents for Children with Complex NeedsThe Children's Aid Society in Peel Region is seeking foster parents who can cater to children with complex needs and diverse backgrounds. The organization is facing a dire shortage and needs more parents who can help teens and siblings.
Source: CBCToronto - 🏆 51. / 61 Read more »
Rental Vacancy Hits New Low in Canada in 2023According to Canada Mortgage and Housing Corporation (CMHC), rental vacancy for two-bedroom purpose-built rental units dropped to a new low of 1.5% in October 2023. The report also highlights the increase in average rent growth to a new high of 8%.
Source: storeyspub - 🏆 16. / 74 Read more »
Canada delays expansion of medically assisted death for mental illnessThe Canadian government has decided to defer the expansion of medically assisted death for those suffering solely from mental illness due to technical issues. Health Minister Mark Holland defended the law, stating it will provide relief to those trapped in a mental-health nightmare.
Source: globeandmail - 🏆 5. / 92 Read more »
Canada to Cap International Student Permits to Stabilize NumbersThe federal government recently announced it will cap the number of international student permits over the next two years. Ottawa says the measure is to stabilize the number of international students, who often arrive without 'the proper supports they need to succeed.' When Dayzzel Dungo arrived in Canada from the Philippines in 2022, things did not get off to a smooth start. After landing at Vancouver International Airport, she struggled to get her bearings and navigate public transit before eventually making it to her homestay. Dungo, 26, was admitted to Tamwood International College, a private school with campuses in Vancouver, Whistler and Toronto.
Source: CBCNews - 🏆 2. / 99 Read more »
Canadian Real Estate Industry Revenues Plunge Due to Higher Interest RatesNew data from Statistics Canada shows that the real estate industry in Canada has experienced a significant decline in revenues due to higher interest rates. Between 2021 and 2022, operating revenue linked to real estate agents and brokers dropped by 21.8%. This decline can be attributed to the Bank of Canada's interest rate hikes, which have dampened existing home sales and affected the commercial real estate market. Despite the decline, industry revenues in 2021 were still 34.5% higher than pre-pandemic levels in 2019.
Source: storeyspub - 🏆 16. / 74 Read more »
Construction Industry Deaths in Canada: Figures Tell Incomplete StoryCanada’s statistics on construction industry deaths are incomplete as they fail to provide insights into the reasons and trends behind worker fatalities. The industry witnessed 54 deaths in 2022, the highest in 35 years, with construction accounting for 183 fatalities, surpassing other sectors. The figure of 28 trauma deaths is concerning, highlighting the need for more inspections, training, and proper safety equipment, especially for women. Skepticism surrounds the accuracy of the statistics, which are mainly gathered from workers’ compensation boards.
Source: DCN_Canada - 🏆 17. / 74 Read more »