Canadian banks aren’t just seeing delinquencies rise—they’re losing market share. Canadian Bankers Association (CBA) data shows the arrears rate was unchanged in March. Delinquent mortgages stalled at one of the highest levels in a decade, after doubling from 2022 lows. However, the big story last month was the drop in the number of mortgages held by banks, now approaching a 6-year low.
Food Banks Canada says Canada’s employment insurance no longer serves the broader and shifting workforce as more people take up gig work or part-time jobs.
In its latest poverty report card, the organization says the labour market has shifted toward part-time, temporary and contract work, while EI only caters to a shrinking workforce that has stable, full-time work with a single employer.
“Eighty per cent of homes already sold!”
How many times have Canadians seen that kind of marketing of a new residential project?
The developers behind such campaigns aim to create a sense of scarcity. But their claims are often impossible to verify.
(Incognito)
For years, Canada’s political elite insisted the housing crisis was caused by everything except immigration. It was a supply problem. A zoning problem. A financing problem. A speculation problem. A foreign-buyer problem. A NIMBY problem.
But never a population problem.
Two-thirds of Canadians own their home. That number—66.5 percent in the 2021 Census—is often cited whenever the country debates whether its housing market is working. Taken at face value, it reassures policymakers that the system, whatever its flaws, delivers for the majority. But look beneath the surface, and the number tells a more complicated story.
Statistics Canada recently compared housing outcomes for Millennials, Gen-Xers, and Baby Boomers at the same stage of life. The headline finding was unsurprising but dispiriting: among Millennials aged 25 to 39 in 2021, 16.3 percent were living with their parents—nearly double the 8.2 percent of Baby Boomers in the same age bracket in 1991.
Canadians are paying record prices for chicken while importing massive quantities of foreign poultry, mostly from the United States. If that sounds contradictory, it’s because it is.
According to the latest Canadian Association of Regulated Importers (CARI) figures released May 23, Canada has already imported more than 52.2 million kilograms of chicken so far this year under WTO, CUSMA, and CPTPP commitments combined. Nearly 23.8 million kilograms came directly from the United States under CUSMA alone.
The pic is courtesy handy n handsome and shows current Maine USA prices.
Shrinking families and tepid homebuilding is paving the way to a future where homes will increasingly be inherited assets in Canada, passed down from one generation to the next.
It would mark a major shift from family homes being bought and sold, entrenching inequality across generations, with a lucky few inheriting secure housing and appreciating land wealth while others are permanently locked out. Yet this issue remains absent from Canada’s housing policy discussions, even though it is one all of us should be concerned about.
Canadians continue to face an uncertain future as income fails to keep pace with food price increases.
New data released from Statistics Canada showed that 24% of Canadians were living in a food-insecure household last year.
In real numbers, the percentage works out to approximately 9.8 million people, including 2.4 million children, living in households that struggled to afford the food needed.
Canadians from coast to coast to coast are continuing to face food insecurity as income fails to keep pace with food price increases and advocates say the country is “failing” to meet some people’s human right to food.
Data from Statistics Canada showed about one in four Canadians was living in a food-insecure household last year.
The numbers were released the same month data showed food prices had increased 3.5 per cent year-over-year.
It costs some Canadians 120% of their income to pay for food and rent.
And this asshole has the audacity to say he is making life more affordable. pic.twitter.com/cCAK0D1ozy
— Anti-Boomer (@mapleblooded) May 26, 2026
Ontario Premier Doug Ford may not be a lawyer or legal scholar, but he is absolutely right about the court decision out of Waterloo last week.
Ford has called the decision “beyond ridiculous” and said the judge is “a few fries short of a Happy Meal” given his reasoning on a homelessness decision.
OTTAWA – The federal Liberal government is sticking to its pledge to double the pace of home building even as headwinds buffet the construction industry.
Prime Minister Mark Carney promised in his 2025 election platform to make investments that would double the pace of housing construction over the next decade to drive down the costs of rent and home ownership.
Hateful liars.
Canadian real estate went from a speculative asset with global demand to a glut in just a few years. Canada Mortgage and Housing Corporation (CMHC) data shows completed and unabsorbed inventory rose in April.
Builders are now sitting on the most completed and unsold new homes in the country’s history—and there’s a lot more supply in the pipeline.
Buried in a recent publication by Canada’s Federal Housing Advocate is one of the bleakest housing forecasts in recent memory: Many middle-income Canadians may have to wait until 2060 before adequate housing will be affordable for what they earn.
While I hope we can restore affordability somewhat faster, this honesty about what is realistically achievable is striking. Millennials, Gen Z and even many of today’s elementary school children are being told that Canada’s housing system will remain stacked against them for decades.
Carney don’t care. He’s going to give his pals all the cheap 3rd world labour they want.
Are Canadians reaching their ‘breaking point’? New data shows more people filing for insolvency
More Canadians are filing for insolvency according to the latest data from the Office of the Superintendent of Bankruptcy, as rising costs stretch consumers to their limits.
Some 37,121 Canadians filed for insolvency in the first quarter of 2026 — the highest number of consumer insolvencies since 2009, when North America was reeling from the financial crisis.
Compared to the same time period last year, insolvencies are up 8.5 per cent.
However, the population now is higher than it was in 2009. Insolvency trustee Doug Hoyes says when that population growth is factored in, the rates of insolvency are much lower than 2009 levels.
Hmmm … Brampton Leads Canada in Mortgage Delinquencies
Young Canadians are buying homes at the lowest rates seen since the postwar period, according to new Statistics Canada data that adds to growing concerns over affordability, declining optimism and widening generational inequality.
Blacklock’s Reporter says the report found millennials are significantly less likely to own homes than previous generations were at the same age, reinforcing fears that the traditional middle-class path to ownership is slipping out of reach.
