The ongoing trade war between the U.S. and Canada has significantly cooled Canadian housing markets, leading to a sharp decline in home resales, with March 2025 marking a 15% drop from December. Major markets like Toronto and Vancouver have seen resales plummet, while new listings have increased, creating an imbalance that favors buyers and pressures prices downward. The downturn is particularly severe in trade-sensitive regions, such as southern Ontario and Vancouver, where economies are closely tied to cross-border trade, resulting in weakened job security and diminished housing demand.
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2 opposition MPPs have created a plan to solve Ontario's homelessness crisis in 10 years. Could it work?
A Green and Liberal MPP have co-sponsored a private member's bill aimed at eradicating homelessness in Ontario within a decade. Experts believe the bill could significantly address the issue by ensuring the province adopts a "housing first" approach. The initiative comes as the number of individuals living in homeless encampments, such as the one at Victoria and Weber Streets in Kitchener, remains relatively unchanged despite colder weather conditions. Full Article
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