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  • Unpacking the details of Manitoba Hydro September 9, 2019
    What would a long view of Manitoba Hydro all entail.  Read report here.
    Canadian Centre for Policy Alternatives
  • CCPA submission to Treasury Board consultation on regulatory modernization September 6, 2019
    On June 29, 2019, the federal government launched a public consultation on initiatives intended to "modernize" the Canadian regulatory system. Interested Canadians were invited to provide input on four current initiatives: Targeted Regulatory Reviews (Round 2) Review of the Red Tape Reduction Act Exploring options to legislate changes to regulator mandates Suggestions for the next […]
    Canadian Centre for Policy Alternatives
  • Join us in November for the 2019 CCPA-BC Gala, featuring Nancy MacLean September 3, 2019
    Tickets are available for our 2019 Annual Gala Fundraiser, which will take place in Vancouver on November 21. This year’s featured speaker will be Nancy MacLean, an award-winning historian and author whose talk, The rise of the radical right: How libertarian intellectuals, billionaires and white supremacists shaped today’s politics, is very timely both in the US and here in […]
    Canadian Centre for Policy Alternatives
  • Report looks at captured nature of BC’s Oil and Gas Commission August 6, 2019
    From an early stage, BC’s Oil and Gas Commission bore the hallmarks of a captured regulator. The very industry that the Commission was formed to regulate had a significant hand in its creation and, too often, the interests of the industry it regulates take precedence over the public interest. This report looks at the evolution […]
    Canadian Centre for Policy Alternatives
  • Correcting the Record July 26, 2019
    Earlier this week Kris Sims and Franco Terrazzano of the Canadian Taxpayers Federation wrote an opinion piece that was published in the Calgary Sun, Edmonton Sun, Winnipeg Sun, Ottawa Sun and Toronto Sun. The opinion piece makes several false claims and connections regarding the Corporate Mapping Project (CMP), which we would like to correct. The […]
    Canadian Centre for Policy Alternatives
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Canadian Housing Observer 2010

In late-October, the Canada Mortgage and Housing Corporation released the Canadian Housing Observer 2010.  I’ve finally given it a thorough read and am struck by some of the statistics.

The MLS average price of a home in Canada has almost doubled in the past decade.  In 2000, the figure was just under $164,000.  By 2009, it was just over $320,000.  Perhaps not surprisingly, during this same period, residential mortage credit by lending institutions in Canada more than doubled, from just under $432 billion to just over $936 billion. (Numbers such as these led David MacDonald to argue in an August 2010 CCPA paper that Canada is experiencing a housing bubble; I’ve blogged about that here.)

In 2006, just under 13 percent of Canadian households were considered to be in “core housing need” (which usually means that they are paying more than 30 percent of gross monthly income on housing).  But the figure for Nunavut was just over 37 percent, by far the highest of any province or territory.  And just over 20 percent of Aboriginal households across Canada are in core housing need.

Finally, there are just over 49,000 units of band housing in Canada.  More than 47 percent of those units are in need of major repairs (while only 7.5 percent of all housing units across Canada are in need of major repairs).  Moroever, almost 15 percent of band housing units built in the past decade are already in need of major repairs, while the corresponding figure for all housing units built in Canada over the past decade is roughly one percent.

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