Most recent news and insights

  • Statistics Canada proposes sticking with the status quo – no need to change harmful mismeasurement of housing price inflation: Part 2 of our inflation series

    Posted by · March 08, 2022 5:29 PM

    In January, Canada’s Consumer Price Index (CPI) rose 5.1%, the fastest annual increase in over three decades. This is worrying, but what is even more concerning to us, here at Generation Squeeze, is that the true rate of inflation is much higher than this CPI reading suggests. Last time, we discussed how CPI, as constructed by Statistics Canada (StatsCan), does a poor job at representing inflation because it doesn’t adequately respond to changes in home values.

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  • Decades late reporting worrisome inflation, Statistics Canada enables inaction on housing affordability

    Posted by · February 01, 2022 10:36 PM

    Canadians are now hearing a lot about our inflation woes. But it’s surprising that this story is only just taking center stage when rampant inflation to the largest expense faced by all Canadians – housing – has been the norm for the last 20 years.

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  • We have tolerated homes becoming more unaffordable by mismeasuring inflation: Part 1 of our new inflation series

    Posted by · January 25, 2022 5:32 PM

    Like many Canadians, you might be worried about rising prices, a.k.a inflation. Seeing prices go up can be an unpleasant experience. You’re working as hard as ever, but your paycheque doesn’t go as far as it used to. The price of everything - from food to furniture to gas - is rising. But nowhere is inflation more evident than in the housing market.

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  • All’s fair in love and war… but what about housing?

    Posted by · January 20, 2022 10:39 PM

    We all care about being treated fairly. It’s part of our sense of justice and equality, and our intuitions about getting what we feel we deserve. In conversations about housing, people on all sides of the debate claim to be defending what is fair. This isn’t necessarily a bad thing.

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  • Why we can’t get distracted by nonsense and nastiness – Week 1 reactions to a Million-Dollar Homes Surtax

    Posted by · January 12, 2022 12:38 AM

    Not everyone agrees with the recommendations, especially the idea of a Million-Dollar Homes Surtax. But reasonable debate is a key part of a well-functioning democracy, so thanks to the media for fostering this public good.

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  • Breaking Canada’s addiction to high and rising home prices: a price on housing inequity

    Posted by · January 05, 2022 8:12 PM

    When it comes to housing in Canada, the status-quo has created inequality and complacency. Inequality, because rising housing prices lead to wealth windfalls for some while eroding affordability for others, which limits their chances to live up to their potential and enjoy life.  Complacency, because some homeowners reap wealth windfalls from skyrocketing prices without recognizing that their gains help to keep many others on the outside looking in.  It’s time for creative disruption to this status quo. It’s time to break Canada’s addiction to high and rising home values, by rebuilding our housing system around the concept of “Homes First. Investments Second.” 

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  • Rompre avec la dépendance du Canada envers des prix élevés et croissants pour les maisons : un prix sur les inégalités dans l’accès au logement

    Posted by · January 05, 2022 5:35 PM

    [Article written in French] Le statu quo sur les enjeux de logement au Canada a engendré d’importantes inégalités, ainsi qu’une complaisance préoccupante. Des inégalités, parce que l’augmentation des prix de l’immobilier permet à certaines personnes de s’enrichir tout en réduisant l’accessibilité des maisons pour d’autres, ce qui limite leurs chances de réaliser leur plein potentiel et de profiter de la vie.

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  • Mixed Reviews for the Federal Throne Speech

    Posted by · November 23, 2021 10:08 PM

    As a force for intergenerational fairness, Generation Squeeze is a unique but mighty powerhouse in the world of politics. That we are right in the thick of things is reflected in the fact that key issues of intergenerational justice are front and centre in the throne speech – housing affordability, family affordability (especially child care), and climate change.

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  • Climate change in Election 2021

    Posted by · September 14, 2021 11:27 AM

    Climate change features in the platforms of all parties in the federal election, though the breadth and depth of their commitments vary. So how do you know if the actions to which parties are committing will really move us towards the goal of holding climate change to 1.5 degree Celsius, as agreed to by Canada in the Paris Agreement?

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  • Is this a housing election?

    Posted by · August 26, 2021 12:41 AM

    It’s great to see the parties upping their game when it comes to housing policy. All recognize that we have a dire problem. All appear to know that there is no “silver bullet” policy that will save the day. And all instead are proposing something more akin to “silver buckshot” by recommending changes to a variety of policy levers.

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