The National Government and Ontario’s Ford Administration have made efforts to promote building starts in Canada. They are attempting to cut the red tape and regulation of their own governments upon the developers who seem to be responsible for building more houses. Well, that is a good start, but these political moves only assist those who can afford million-dollar homes. These politicians are helping their friends in the Real Estate and Development sectors only, as well as the well-off who can afford the costly homes we presently have to choose from. Limiting Foreign Corporations and individuals to buy existing and future homes only helps those who have the funds to invest in these costly homes.
Developers will continue to build costly homes. Let me rephrase that. Developers will continue to price new homes at highly costly prices because they can. That’s what they are in business for, to make profits. The Real Estate Sector and those who presently own homes will also continue to escalate home prices.
That is a given. Passive Investors care only about the profits they will make, and not about Ontarians’ or Canadian’s ability to afford that which many are competing for, a home to live in.
Homebuyers, and more importantly potential renters of apartment-style homes are unimportant casualties of the present-day buying frenzy. On the right side, we find those who sell and build who have no intention of creating affordable housing. On the left side are those with no imagination or know-how to assist those in the middle, those looking for a place to live. Canadians have had thousands of Syrian refugee’s coming into Canada. and in the near future, thousands of Ukrainian refugees will be added to the competition for home locations, and home acquisition. Where are these people going to live?
Canada’s economic system, in relation to the real estate and development sector, is in need of drastic changes. A more selfish group you cannot find anywhere in Canada. The system they have created has caused the ballooning of housing potentials in all of Canada’s larger cities. They drive up prices and their commissions too and also build mass housing that will be overpriced to meet the market prices they have set. No real help from this sector can be found.
The Government wants to use this sector to fulfill its pledges to create affordable housing, but every time they are hoodwinked by the sector. Apartment Buildings in Canada are rarely found. The very way we view housing needs to be changed. In Europe, Asia and most of the world renting an apartment is commonly done, and has no social stigma attached to it, while in Canada the “Canadian and American Dream” of homeownership is still promoted by the developers/real estate sectors and our governments.
The various governments of Canada have ownership of land being unused. Build apartment buildings that will stand the challenges of time and rent these out to people as starter homes, permanent homes, but not investments. A two-bedroom apartment should not go for more than a thousand dollars a month. Fill our empty fields with well-made apartment buildings owned by municipal or provincial governments.
End the dictatorship over housing starts, controlled not by the people, but by groups and corporations of the real estate and developers Cabal/Cartel. Yes, this Cartel is limiting every one of us from finding a place to live. They buy up scarce land all over the place and leave this land undeveloped. A falsely created scarcity of housing is developed, driving up prices across our nation. Price fixing is a crime, yet this group of business people are allowed to do the same thing. The Government is also accountable for allowing this catastrophe to occur. Governments find revenue they charge off of these costly housing starts addictive in nature.
Canadians need to look into the relationship that is found between the real estate/developers sector and our various governments. Should there be any shenanigans found, it would explain why Canadians cannot find affordable or accessible housing. End the Housing Cartel’s reach into your pockets, as well as those of our elected officials. Do Developers and Real Estate Giants donate to politicians? OH YAH.
In Ontario, we have Hwy 413, where the developers are committing highway robbery. Yeah their making a bundle, and their friends of the Conservatives presently. In Regina this February, the mayoral candidates received large donations from the developers of the region. In 2016 it was Land Developers who helped raise $12.9 Million to the Ontario Conservative Party. The Ontario Liberals of the past were also well known to accept donations from these sectors.
What to do about Canada’s Housing Portfolio?
1. Governments need to become directly involved in the financing and building of affordable homes, apartment buildings and large housing unit structures across the nation.
2. The influence of the real estate and developers sector must be ended. Appropriate taxation of these sectors must be applied. Unused land must be taxed, raising needed revenue and inspiring the industry to build for the future.
3. End financial donations directed to political parties by this real estate and developers sector. Greasing the politician’s hands must end.
4. Imaginative and affordable housing styles must be developed and introduced in Canada.
example: In Woodbridge, Ontario there is a firm that develops, builds and sells globally builds Portable winterized Homes, easily assembled and long-lasting. Why not in Canada.
5. Our expectations of a home must change. North American society is a Privileged Society. Young people want what their parents were able to acquire in time. An approach rooted in need is required here. Massive residential houses are for the rich. Durable livable spaces are what’s required.
The Government has spent massive amounts of revenue trying to grow the economy, most of this revenue borrowed. Building affordable housing starts in whatever style is needed seems the appropriate plan for the future. Every lifestyle and income needs to be considered. Housing is a human right! Right?
MONTREAL – Two Quebec real estate brokers are facing fines and years-long suspensions for submitting bogus offers on homes to drive up prices during the COVID-19 pandemic.
Christine Girouard has been suspended for 14 years and her business partner, Jonathan Dauphinais-Fortin, has been suspended for nine years after Quebec’s authority of real estate brokerage found they used fake bids to get buyers to raise their offers.
Girouard is a well-known broker who previously starred on a Quebec reality show that follows top real estate agents in the province.
She is facing a fine of $50,000, while Dauphinais-Fortin has been fined $10,000.
The two brokers were suspended in May 2023 after La Presse published an article about their practices.
One buyer ended up paying $40,000 more than his initial offer in 2022 after Girouard and Dauphinais-Fortin concocted a second bid on the house he wanted to buy.
This report by The Canadian Press was first published Sept. 11, 2024.
MONTREAL – The Quebec Professional Association of Real Estate Brokers says Montreal-area home sales rose 9.3 per cent in August compared with the same month last year, with levels slightly higher than the historical average for this time of year.
The association says home sales in the region totalled 2,991 for the month, up from 2,737 in August 2023.
The median price for all housing types was up year-over-year, led by a six per cent increase for the price of a plex at $763,000 last month.
The median price for a single-family home rose 5.2 per cent to $590,000 and the median price for a condominium rose 4.4 per cent to $407,100.
QPAREB market analysis director Charles Brant says the strength of the Montreal resale market contrasts with declines in many other Canadian cities struggling with higher levels of household debt, lower savings and diminishing purchasing power.
Active listings for August jumped 18 per cent compared with a year earlier to 17,200, while new listings rose 1.7 per cent to 4,840.
This report by The Canadian Press was first published Sept. 6, 2024.
In the quest to find cities where renters can enjoy the best of all worlds, a recent study analyzed 24 metrics across three key categories—Housing & Economy, Quality of Life, and Community. The study ranked the 100 largest cities in Canada to determine which ones offer the most to their renters.
Here are the top 10 cities that emerged as the best for renters in 2024:
St. John’s, NL
St. John’s, Newfoundland and Labrador, stand out as the top city for renters in Canada for 2024. Known for its vibrant cultural scene, stunning natural beauty, and welcoming community, St. John’s offers an exceptional quality of life. The city boasts affordable housing, a robust economy, and low unemployment rates, making it an attractive option for those seeking a balanced and enriching living experience. Its rich history, picturesque harbour, and dynamic arts scene further enhance its appeal, ensuring that renters can enjoy both comfort and excitement in this charming coastal city.
Sherbrooke, QC
Sherbrooke, Quebec, emerges as a leading city for renters in Canada for 2024, offering a blend of affordability and quality of life. Nestled in the heart of the Eastern Townships, Sherbrooke is known for its picturesque landscapes, vibrant cultural scene, and strong community spirit. The city provides affordable rental options, low living costs, and a thriving local economy, making it an ideal destination for those seeking both comfort and economic stability. With its rich history, numerous parks, and dynamic arts and education sectors, Sherbrooke presents an inviting environment for renters looking for a well-rounded lifestyle.
Québec City, QC
Québec City, the capital of Quebec, stands out as a premier destination for renters in Canada for 2024. Known for its rich history, stunning architecture, and vibrant cultural heritage, this city offers an exceptional quality of life. Renters benefit from affordable housing, excellent public services, and a robust economy. The city’s charming streets, historic sites, and diverse culinary scene provide a unique living experience. With top-notch education institutions, numerous parks, and a strong sense of community, Québec City is an ideal choice for those seeking a dynamic and fulfilling lifestyle.
Trois-Rivières, QC
Trois-Rivières, nestled between Montreal and Quebec City, emerges as a top choice for renters in Canada. This historic city, known for its picturesque riverside views and rich cultural scene, offers an appealing blend of affordability and quality of life. Renters in Trois-Rivières enjoy reasonable housing costs, a low unemployment rate, and a vibrant community atmosphere. The city’s well-preserved historic sites, bustling arts community, and excellent educational institutions make it an attractive destination for those seeking a balanced and enriching lifestyle.
Saguenay, QC
Saguenay, located in the stunning Saguenay–Lac-Saint-Jean region of Quebec, is a prime destination for renters seeking affordable living amidst breathtaking natural beauty. Known for its picturesque fjords and vibrant cultural scene, Saguenay offers residents a high quality of life with lower housing costs compared to major urban centers. The city boasts a strong sense of community, excellent recreational opportunities, and a growing economy. For those looking to combine affordability with a rich cultural and natural environment, Saguenay stands out as an ideal choice.
Granby, QC
Granby, nestled in the heart of Quebec’s Eastern Townships, offers renters a delightful blend of small-town charm and ample opportunities. Known for its beautiful parks, vibrant cultural scene, and family-friendly environment, Granby provides an exceptional quality of life. The city’s affordable housing market and strong sense of community make it an attractive option for those seeking a peaceful yet dynamic place to live. With its renowned zoo, bustling downtown, and numerous outdoor activities, Granby is a hidden gem that caters to a diverse range of lifestyles.
Fredericton, NB
Fredericton, the capital city of New Brunswick, offers renters a harmonious blend of historical charm and modern amenities. Known for its vibrant arts scene, beautiful riverfront, and welcoming community, Fredericton provides an excellent quality of life. The city boasts affordable housing options, scenic parks, and a strong educational presence with institutions like the University of New Brunswick. Its rich cultural heritage, coupled with a thriving local economy, makes Fredericton an attractive destination for those seeking a balanced and fulfilling lifestyle.
Saint John, NB
Saint John, New Brunswick’s largest city, is a coastal gem known for its stunning waterfront and rich heritage. Nestled on the Bay of Fundy, it offers renters an affordable cost of living with a unique blend of historic architecture and modern conveniences. The city’s vibrant uptown area is bustling with shops, restaurants, and cultural attractions, while its scenic parks and outdoor spaces provide ample opportunities for recreation. Saint John’s strong sense of community and economic growth make it an inviting place for those looking to enjoy both urban and natural beauty.
Saint-Hyacinthe, QC
Saint-Hyacinthe, located in the Montérégie region of Quebec, is a vibrant city known for its strong agricultural roots and innovative spirit. Often referred to as the “Agricultural Technopolis,” it is home to numerous research centers and educational institutions. Renters in Saint-Hyacinthe benefit from a high quality of life with access to excellent local amenities, including parks, cultural events, and a thriving local food scene. The city’s affordable housing and close-knit community atmosphere make it an attractive option for those seeking a balanced and enriching lifestyle.
Lévis, QC
Lévis, located on the southern shore of the St. Lawrence River across from Quebec City, offers a unique blend of historical charm and modern conveniences. Known for its picturesque views and well-preserved heritage sites, Lévis is a city where history meets contemporary living. Residents enjoy a high quality of life with excellent public services, green spaces, and cultural activities. The city’s affordable housing options and strong sense of community make it a desirable place for renters looking for both tranquility and easy access to urban amenities.
This category looked at factors such as average rent, housing costs, rental availability, and unemployment rates. Québec stood out with 10 cities ranking at the top, demonstrating strong economic stability and affordable housing options, which are critical for renters looking for cost-effective living conditions.
Québec again led the pack in this category, with five cities in the top 10. Ontario followed closely with three cities. British Columbia excelled in walkability, with four cities achieving the highest walk scores, while Caledon topped the list for its extensive green spaces. These factors contribute significantly to the overall quality of life, making these cities attractive for renters.
Victoria, BC, emerged as the leader in this category due to its rich array of restaurants, museums, and educational institutions, offering a vibrant community life. St. John’s, NL, and Vancouver, BC, also ranked highly. Québec City, QC, and Lévis, QC, scored the highest in life satisfaction, reflecting a strong sense of community and well-being. Additionally, Saskatoon, SK, and Oshawa, ON, were noted for having residents with lower stress levels.
For a comprehensive view of the rankings and detailed interactive visuals, you can visit the full study by Point2Homes.
While no city can provide a perfect living experience for every renter, the cities highlighted in this study come remarkably close by excelling in key areas such as housing affordability, quality of life, and community engagement. These findings offer valuable insights for renters seeking the best places to live in Canada in 2024.
