OTTAWA – For the first time in 30 years, a synchronized housing bubble has spread to six red-hot real estate markets in Canada, says a report by the Canadian Centre for Policy Alternatives (CCPA).
Canada’s Housing Bubble: An Accident Waiting to Happen examines trends in house prices in Toronto, Vancouver, Calgary, Edmonton, Montreal and Ottawa between 1980 and 2010 and finds...
“We need the CCPA to remind us that our dreams of a decent, egalitarian society are reasonable — indeed that with a little work, they are practical. And I love that practicality, that protection of the dream of the possible.”