Have rising home prices driven you to leave Canada? We want to hear from you
The Bank of Canada’s decision to raise its key interest rate on Wednesday in an effort to tackle rising home prices comes at a time when countless Canadians are struggling with high housing costs.
Some are even leaving the country in search of more affordable housing, according to Far Homes, a real estate website that helps foreigners purchase properties in Mexico. Research conducted by the company shows an increasing number of Canadians have been migrating to Mexico since 2020. Recent surveys show a significant factor behind this trend is Canada’s rising cost of living.
Others have been looking for accommodation beyond houses or apartments. Terri Smith-Fraser, a 57-year-old woman from Nova Scotia, has started living in her van full-time because she could not afford rent prices in Halifax. The average price to rent a home in Canada has climbed significantly over the last few years, according to Rentals.ca.
If you’re struggling to find affordable housing amid Canada’s cost-of-living crisis, CTVNews.ca wants to hear from you.
What are you doing to cope with today’s housing market conditions? Are you preparing to move outside of Canada in search of more affordable housing? How else are you trying to save money to purchase a home?
Share your questions by emailing us at dotcom@bellmedia.ca with your name, general location and phone number in case we want to follow up. Your comments may be used in a CTVNews.ca story.
Shopping Trends
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China slams Canada human-rights criticism as 'hypocritical farce of double standards'
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Winnipeg
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St. Andrews heritage home a total loss following fire
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New controls at city arenas save energy and keep fans warm
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Regina
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Kitchener
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HART Hubs opening in Kitchener and Guelph after CTS locations close
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Saskatoon
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Saskatchewan charities left with questions following tax season extension announcement
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Northern Ontario
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London
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City hall resumes search for homeless hub locations and operators
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Barrie
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Traffic violation turns into long list of criminal charges for Alliston man: OPP
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Snow squall warning issued with up to 60cms of snowfall possible
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Springwater outlines interim plan to fill role of CAO
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Windsor
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ESHC launches investigation following LaSalle family’s allegation of misdiagnosis
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Canada crashes out of world juniors in quarterfinals for second straight year
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Vancouver Island
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Holidays, avian flu cause egg shortages at some B.C. stores, but industry says supply stabilizing
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Highway crash kills 1, injures 3 others near Kamloops, B.C.
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Kelowna
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Mounties investigate discovery of 'very small pipe bomb' in Kamloops, B.C.
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Kamloops couple delivers B.C.'s first baby of 2025
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B.C. team building 100 beaver 'starter homes' in the name of wetland preservation
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Lethbridge
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Businesses see influx of customers working on New Year's resolutions
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2 charged with first-degree murder in Lethbridge motel death
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University of Calgary Dinos win University Challenge Cup ringette championship in Lethbridge
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Sault Ste. Marie
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Anonymous tip results in charges and seizure of alcohol, lacquer in northwestern Ont.
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Sault motorist stopped at green light charged with impaired driving on New Year’s Eve
A New Year’s Eve traffic stop in the Sault has led to impaired driving charges for a local resident.
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Suspended driver from Alberta charged with stunt driving in northern Ont.
A driver was caught speeding at more than 160 km/h on Highway 17 near Blind River, Ont., Ontario Provincial Police on Thursday.
N.L.
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Labradorians pay thousands to fly to Newfoundland. Could a Quebec energy deal help?
An airport executive in Labrador hopes a new energy deal with Quebec could help attract a competing airline company to the northern region, where flights costs have climbed at more than three times the national rate.
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Icebreaker on hand in Labrador to guide season's last freight arrivals by ferry
A Canadian Coast Guard icebreaker is in central Labrador until Saturday to guide the Kamutik W ferry on its last freight deliveries of the season.
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Whooping cough in Canada: Outbreaks or case increases reported in these provinces
Canadian health officials say they're seeing spikes in whooping cough cases in parts of the country as the U.S. deals with case numbers not seen in more than a decade.
