Vancouver Real Estate Bubble Has Burst and Home Owners Are Panic Selling

Vancouver Real Estate Bubble Has Burst and Home Owners Are Panic Selling
Vancouverites upset about being priced out of the housing market because of rising real estate prices fueled by foreign investors, are likely to be heard as the apparent bubble has just burst. Greater Vancouver home sales have fallen 85% in the first half of August to a mere 87, down from 597 homes over the same time last year. Meanwhile,... Read More

Taxes, not basic necessities make up largest Canadian household expense

Taxes, not basic necessities make up largest Canadian household expense
The average Canadian family spends more on taxes than on housing, food and clothing combined, finds a new study recently released by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank. “Most people don’t realize it, but the average Canadian household now pays more in taxes than they spend on the basic necessities of life combined,” said Charles Lammam,... Read More