I think it’s been about 2 yrs since any of my 9-5 friends have said “I should just be a realtor, such easy money!!” Anyone else see the 'easy job' hype fading?
Canada is in recession.
Canada lost 40.8K jobs in July, below all estimates.
Youth unemployment rate reached its highest level since 2010, per Statcan.
Between this and a 90% chance of Fed cuts in September, I'd say there's clear runway for more cuts in Canada now.
A genuine set of questions for @MarkJCarney and @PierrePoilievre: What is the limit of the extent to which the government can confiscate our hard-earned money? Our income is taxed provincially and federally at one of the highest rates in the world. We then pay sales tax on…
Canada has the housing prices of New York (avg. 450K USD)
the wages of Mississippi (avg. $39,500 USD/yr)
the economy of Alabama (Real GDP $47k USD per person)
and taxes higher than all 50 US states.
When we talk about affordable housing, it feels like we’re always looking back to the past. Is it even possible to return to that time? How long would it take to bring affordability back into the picture, or have we crossed a line.
With rule changes surrounding housing being announced seemingly every day, it will be completely normal when they announce capital gains tax on primary residence.
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