Addressing Toronto’s loss of dwelling rooms in rooming houses

By: Ruolan Ma As the epicentre of Ontario’s housing crisis, Toronto has a rental market with an extremely limited housing stock and one of the lowest vacancy rates in Canada at 0.5%. As a result, rental prices remain high with the average rent for a one-bedroom apartment in Toronto reaching 2,250 in 2022, a 22%…

The Rising Cost of Food in Canada: More Needs to be Done

By: Jeff Liu As the world recovers from the COVID-19 pandemic, a new crisis emerges as countries around the world are facing food security issues due to global inflation. Even in a relatively wealthy country such as Canada, many are suffering from food insecurity. In a recent Canadian national survey conducted by the University of…

Foreign Direct Investment in Canada: A Complicated Opportunity

by Kyle Muir The Government of Canada’s recent decision to block the purchase of Aecon Group Inc. by Chinese state owned enterprise (SOE) CCCC International Holdings Ltd. for $1.5 billion in the interest of ‘national security’ is the just latest example of the country’s habit of placing politics ahead of economic prosperity when faced with…

Exploring Alternatives to the Universal Basic Income

Andrew Abballe and Jonathan Kates If you’ve been following any discussion of 21st century economic adaptation, you’ve likely come across the term “universal basic income” (UBI).  This is the concept that every person in a given jurisdiction will receive a minimum weekly or monthly payment, regardless of how much they work, or any income they…

What Budget 2017 means for young Canadians

Natalie Brunet & Caleb Holden Last March, a careful listener might have been able to pick out the collective sigh of Canadian youth as they realized that the Trudeau Government’s first budget – touted as his chance to deliver on the many promises in the Liberal platform directed at 18-24 year olds – had come…