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Amid Global Housing Crisis, Adam Gant, BC based Author and Real Estate Executive, Imagines a Future of Shared Equity



Today’s housing crisis is a worldwide phenomenon. It’s not limited to the estimated 50,000 or more who live on the streets of Los Angeles. It’s not simply a problem for young families seeking their first house in Falls Church, Virginia or Hamilton, Ontario. It’s not just a problem for tenants whose rent soars with each annual lease renewal.

And it’s not an issue that’s going away, any time soon.

Canadian real estate innovator Adam Gant understands the scope of the challenge and has been working to create outside-the-box solutions to match people with affordable housing. A key piece of any solution, he believes, is a concept he calls “shared equity.”

He outlined the fundamentals of the idea in a book he co-authored in 2020, A House Shared. Although Gant’s solutions are steeped in research, the book is actually a fictional tale of a family caught in the housing crisis. The story takes place during a time when families across North America have lost houses, homelessness is out of control, starter homes are out of reach, and a small number of affluent buyers compete for the best properties.


Is it the financial crisis of 2009? Is it now? Or is it the bleak future that awaits us in the absence of broad, practical solutions? Adam Gant invites us to imagine, as well as to explore new ways of thinking about housing affordability and availability.

Readers follow the struggle of a professional couple working in the security software industry. When economic misfortune strikes, they suddenly find themselves fighting for shelter and simple survival, against market forces that seem to make eviction inevitable.

In the end, the way out is a solution Adam Gant and co-author Patricia Nicholson believe could be the answer for people and populations across the globe: shared equity.

Back in the world of nonfiction, Adam Gant arrived at this idea after years devoted to studying housing markets in countries around the world. He didn’t simply read about trends in these places — he visted and explored them, in cities from Asia to Eastern Europe. He learned what works and what doesn’t in disparate communities and cultures.

In a recent interview, Adam Gant described the main pillars of shared equity:

“There are several factors that make shared equity housing a financially and socially attractive concept. The home buyer starts with a small deposit or down payment, ideally one percent. The home buyer does not need to qualify for a mortgage upfront. The buyer is matched with a home where the monthly payment is comfortable for their family’s income level. The buyer shares in the equity growth in the home from the price appreciation.

“The exact share of the home equity growth is dependent on the deposit size. The home buyer keeps their share of the equity even if they don’t end up buying the home.”

In Canada, Adam Gant has built his experience base as a real estate investor with an inventive mind, and a passion for improving housing opportunities where gaps in current market financing get in the way of families growing equity in comfortable, secure, affordable shelter.

This passion extends to his philanthropic work with charities that seek to shelter people in need throughout the hemisphere. He has been an active supporter of Live Different, an organization focused on providing adequate housing for families in Haiti, the Dominican Republic and Mexico. He donates time and resources to The Silhouette Foundation, a human rights focused organization which originally helped coordinate relief efforts in the wake of natural disasters in Haiti.

In his own community, he has volunteered at a Vancouver Island-area community center, and previously worked with a housing nonprofit in its acquisition of an apartment building that now provides shelter to the poor, the disabled and the impoverished elderly.


India asks Canada to recall several dozen diplomats – Hindustan Times



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Canada secures second place in 2023 Best Country Rankings



Achieving second place might sound like a disappointment. However, the second place means a lot in the global ranking of countries, and Canada has recently secured that spot.

The 2023 Best Countries rankings by US News & World Report placed Canada in second place. In the rankings, Switzerland won the first place and Sweden in third place.

By taking up the second place, Canada toppled Germany since the country earned the second place last year. Consequently, Australia and the US occupied the fourth and fifth place in the rankings.

The ranking system

US News’ Best Countries ranking system is a yearly ranking of the best countries to live in according to several metrics. The annual ranking originally started in 2015, in which the ranking attempts to “examine a country’s merit beyond hard metrics.”


To determine the ranks, the news outlet consults several prominent institutions. They include the global advertising company WPP and the Wharton School of the University of Pennsylvania. US News & World Report uses the former’s BAV brand analytics tool and consults with the latter’s professor David Reibstein. Thus far, the news outlet relies on 73 attributes to describe a country and identify its recent successes.

Subsequently, the news outlet distributed the survey from March 17 to June 12 to 17,000 respondents around the world. The survey includes 87 nations, and the respondents will assess the countries’ merits based on their perceptions.

Other than Canada, the top 10 countries in the ranking come from highly developed countries around the world such as Switzerland, Sweden, the United States, Australia, Japan, Germany, New Zealand, the United Kingdom, and the Netherlands. 

Canada exceeded the score of 90 in agility (94.1), quality of life (92.7), and social purpose (93.4). The following scores are entrepreneurship (84.2), open for business (80.1), cultural influence (55.0), adventure (54.5), power (41.9), and heritage (41.6). 

Canada concluded its ranking by obtaining a score of 17.8 for the Movers metric with attributes such as differentness, distinctiveness, dynamicity, and uniqueness. Of the four, dynamicity occupies the top ranking with a score of 36.8. Distinctiveness takes second place in 26.3, followed by the measly scores of differentness and uniqueness of 5.0 and 9.3, respectively.

Another thing to consider in the Movers category is the recent issues of surging living costs and housing. As Canada’s housing crunch continues, this might have affected people’s perception of the reality of living in the country.

Canada’s strong scores

There are several reasons why Canada managed to snatch the runner-up position in the 2023 Best Countries rankings. Its global connectivity and decent job market, for instance, almost reached a perfect score with 95.5 and 98.4, respectively, thanks to Canada’s reputation as a highly interconnected country with good job prospects. 

According to US News, Canada is a high-tech industrial society with high living standards. After the trade agreements with the US in the 1980s and 1990s, both countries have become each other’s largest trading partners.

In addition, US News also said that Canada owes its economic success to the service sector and export of energy, food, and minerals. With the availability of proven oil reserves, Canada has emerged as the world’s fourth-largest oil producer.

Canada also won the perfect score in the racial equality and religious freedom categories. Thanks to the myriad of ethnic and religious groups in the country, Canada has attained the status of a multicultural society. Despite the post-Christian and secular state of modern Canada, Canada’s multiculturalism allows many religions and beliefs to flourish in the country.

Another reason behind Canada’s high rank in the Best Countries rankings is the near-perfect score of economic stability and hospitality to families. Owing to Canada’s famed reputation as a comfortable country to live in, many people think it’s best to raise families there.

The tourism industry in Canada is also something to behold. Canadian urban and natural tourist spots from British Columbia to Nunavut spoil domestic and foreign tourists with abundant options. Tourists can experience anything from Canada’s natural majesty to urban excellence in any of Canada’s provinces and territories.

The availability of SIM providers such as eSIM United States tourists adds to the convenience of tourists from the US and anywhere else. Various kinds of data plans are also available in Canada, which makes the country a desirable destination for travel aficionados who love to share their journeys online. With these plans, tourists don’t have to worry about internet coverage anymore when they explore Canada.

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India tells Canada to withdraw dozens of diplomatic staff: Report



India has told Canada to withdraw dozens of diplomatic staff amid heightened tensions between the two nations over the killing of Khalistani terrorist Hardeep Singh Nijjar, according to a report published by Financial Times.

People familiar with the matter informed FT that Ottawa has been told by New Delhi that it must repatriate around 40 diplomats by October 10.

Ties between India and Canada have become seriously strained over Canadian suspicion that Indian government agents had a role in the June murder in Canada of a Sikh separatist leader and Canadian citizen, Hardeep Singh Nijjar, who India had labeled a “terrorist”. India has dismissed the allegation as absurd.

Canada has 62 diplomats in India and India had said that the total should be reduced by 41, the newspaper said.


Indian Foreign Minister Subrahmanyam Jaishankar said earlier there was a “climate of violence” and an “atmosphere of intimidation” against Indian diplomats in Canada, where the presence of Sikh separatist groups has frustrated New Delhi.

Meanwhile, the Biden administration urged the Indian government to cooperate with Canada in its investigations into the killing of Hardeep Singh Nijjar.

State Department spokesperson Mathew Miller said, “As he made clear then, I’ll reiterate now, we remain in close coordination with our Canadian colleagues on this question.”

“We have engaged with the Indian government on a number of occasions to urge them to cooperate with Canada’s investigation. The secretary had an opportunity to do that in his meeting with the foreign minister on Friday,” he said.

Currently, the United States is in close coordination with Canada on allegations regarding the Indian government’s involvement in the Nijjar killing row.

India has suspended its visa services in Canada, following Canadian Prime Minister Trudeau’s allegations of Indian involvement in the killing.


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