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Municipalities have $10B from developers saved up. Ontario says they should spend it now
Municipalities have $10B from developers saved up. Ontario says they should spend it now
According to data from the provincial government, Ontario's municipalities have roughly $10 billion in the bank, funds collected from developers building new housing projects.
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Will we see a recession? Maybe. But young people are already living a ‘youth-cession’
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Will we see a recession? Maybe. But young people are already living a ‘youth-cession’
The Canadian economy faces challenges stemming from U.S. President Donald Trump’s tariff uncertainty, and young people in particular are already experiencing a punishing labour market and severe financial strain. Anne Gaviola has more on what some economists have dubbed a “youth-cession.”
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