Asset forfeiture processes in Canada make it too easy to acquire property, including that of innocent people, which is a call for provinces to amend their laws.
Results for "real estate"
A Place in the Sun Still Precious: Price of owning a house in Kelowna still one of the highest in the country
Even with house prices down in a soft economy, Kelowna’s housing is still considered “severely unaffordable.” The Frontier Centre for Public Policy’s eight annual Demographia Housing Affordability Survey puts the city’s multiple ratio at 6.6, the fourth most unaffordable in the country behind Vancouver, Abbotsford and Victoria.
The Bank of Canada and Canada’s Household Debt
In the Bank of Canada’s semi-annual publication “Financial System Review” for December 2011, Canada’s central bank notes that there are some worrisome trends that could well have a negative impact on Canada’s financial system.
“Second Generation Rent Control” is a Failure
Second generation rent control policies have been crafted in order to mitigate the problems with conventional rent control. Unfortunately, these policies lead to have failed in jurisdictions such as Manitoba where they have been implemented. Saskatchewan would be wise to avoid the same mistakes.
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Time to Stop Lockdowns, Vaccine Mandates and Crushing Our Charter of Rights
If one was to discuss the state of the world’s democracies in September of 2019, it would look entirely different than it does today in 2022. Three years ago, Canadians generally thought that: our democracy was relatively strong and citizens would defend their...
Propaganda Rules the World
One of the greatest books that explain how the world works is Propaganda by Edward Bernays. The man dubbed “the father of public relations” applied the psychological ideas of his uncle Sigmund Freud upon the masses, triggering their basic motivations to the benefit of...
Cut Expensive Housing Regulations to Preserve the Middle Class
Last year, the Organization for Economic Cooperation and Development (OECD) published research showing that the middle-class is shrinking throughout the developed world. In Under Pressure: The Squeezed Middle-Class, OECD emphasized that the threat to the middle-class...
Bombardier Symbolizes Everything Wrong with Crony Economy
Despite decades of subsidies by Canadian taxpayers, Bombardier continues to be mired in a financial crisis jeopardizing its future. The latest humiliation came as the company had to sell its train-making division to pay off a substantial amount of debt due this year....
Comparing Lives to Lives
Sometimes I wonder what people will say 100 years from now about the unprecedented events of 2020—not just about the pandemic, but about the extraordinary legal and economic measures imposed by governments around the world, purportedly for the purpose of saving lives....
Suppress Airbnb, Expect a Black Market
Buenos Aires Uber drivers ask passengers to ride upfront to avoid vigilante attacks - an Argentine judge has ruled Uber illegal and the country’s banks have cut off Uber’s access. The city’s taxi cartel has shut down roads and brought violence and arson upon Uber...
Recently a long died and largely unlamented tax has been rediscovered with some new-ish fans who never really repudiated their great love for it. It is the Death Tax, or Estate Tax, which was abolished in Canada in 1971 by a Liberal government when a capital gains tax...
Playgrounds for Elites
The revival of America’s core cities is one of the most celebrated narratives of our time—yet, perhaps paradoxically, urban progress has also created a growing problem of increasing inequality and middle-class flight. Once exemplars of middle-class advancement, most...
Two Wrongs don’t make a Right: How Not to Bring about Social Justice
The early Greek version of the Hippocratic Oath included the following commitment: “I will use treatment to help the sick according to my ability and judgment, but never with a view to injury and wrong-doing.” A Latin version states, “I will utterly reject harm and...
Florida Sheds Its ‘Smart Growth’ Dunce Hat
Wendell Cox, Wall Street Journal, October 18, 2013 From the mid-20th century on, sunny, prosperous Florida epitomized the growing American state. Its decline and fall in 2007 and its current resurgence owe a lot to how the state embraced, and later broke up with,...
America’s New Energy Boom Is Bust for Foreign Suppliers
For the better part of a year, Canadian officials and executives watched from afar as a shale-oil boom exploded south of the border. But it wasn’t until last fall that the full impact of the U.S. energy boom hit the provincial government here in the heart of Canada’s oil patch. Around October, prices for Canadian bitumen—a heavy crude from the country’s vast oil sands developments—tanked, walloping the economy of America’s largest supplier of foreign oil, its biggest trading partner and one of its closest allies.