And on broader economic issues as well - but primarily housing
Ontario Premier Doug Ford says the federal Liberal government will be annihilated unless it pauses its carbon price increase in April. That’s not totally correct.
The Prime Minister wouldn’t be facing this ferocity from premiers if he hadn’t done the heating oil carveout. It was a move that disproportionately benefited one electorally pertinent region, shattering a fragile cross-country acceptance of carbon pricing. His discussion Wednesday of his government being averse to using the “heavy hand of government” to regulate carbon emissions wasn’t accurate.
“Compared to two years ago in February, 2022, just before the start of interest rate hikes by the Bank of Canada, average asking rents in Canada have grown by 21 per cent, or $384 per month,”from Rentals.ca and Urbanation this week. The number of listings for shared accommodations, where tracked, surged 72 per cent in February, compared with a year earlier.
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