Mindblown: a blog about philosophy.
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Edmonton city council passes rezoning bylaw for priority growth areas
Edmonton city council approved a rezoning bylaw targeting priority growth areas including Wîhkwêntôwin, Garneau, 124th and 156th streets, and Stony Plain Road to encourage medium- to large-scale housing and mixed-use development. Despite public opposition and a failed amendment to exclude part of Garneau, the bylaw aims to support transit-accessible growth. Concerns about land speculation and…
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No Quick Rate Cuts From BoC: Do Tariffs Contribute?
Canada's housing market hit its lowest point in nearly three years, with falling home sales. The Bank of Canada is expected to be cautious, holding off on rate cuts despite economic volatility.
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Where to Move After Downsizing? Top Cities for Canadian Retirees
Discover Canada’s top retirement spots: stunning nature, world-class healthcare, and vibrant communities await!Affordable Housing: – Quebec City, QC: Median home price: $442K Ottawa, ON: Median Home Price: $644K
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One year after zoning reform, housing surges but sprawl continues
In 2024, Edmonton saw 40% of approved housing units in redeveloping areas, nearing its 50% infill target. The new RS zone allows up to eight units on mid-block sites, but half of these lots still have single or duplex homes. Garden suite approvals rose over 200%, and row housing units increased significantly due to federal…
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Reviving Residential Construction in Canada
Construction employs 1.6 million Canadians and contributes $164.7 billion to national GDP. Housing affordability is strained by excessive taxes, delays, and regulation, especially in Ontario and the GTHA.
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Home Price Growth Revised Down to 5% by Year-End
Canada’s national home price growth forecast for Q4 2025 was revised to 5%, down from the earlier 6%. Earlier predictions of price growth were altered due to global economic factors and upcoming elections.
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3 Alberta Cities Redefining Quality of Life
Medicine Hat offers home prices at $405K, with abundant sunshine and scenic parks enhancing its appeal. St. Albert, with a median price of $574K, boasts low crime rates and proximity to Edmonton's amenities.
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Early-Q2 Sees 15% Drop in Alberta Sales
Alberta home sales ↓ 15.2% yearly in April 2025 after two years of price growth. The slowdown follows an extended upswing, making this decline part of a natural market correction.
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City council approves 5.7% tax increase, wants education levy split from property tax
Edmonton city council approved a 5.7% municipal property tax increase, with homeowners paying about $763 per $100,000 of assessed value. Council criticized the province for raising the education tax, which makes up 25% of property tax and funds schools. A motion passed to explore separating education tax collection from municipal taxes. Property taxes fund over…
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Will Canada’s Home Prices Crash Harder Than Expected?
Home prices in Canada are projected to fall by 3.2% in 2025 due to economic uncertainty. TD Economics downgraded forecasts after weaker-than-expected sales and price declines in Q1 of 2025.
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