Skip to main content

Featured

Canada's Federal Election 2025: A Nation Prepares to Vote

On Monday, April 28, Canadians will head to the polls to elect members of the House of Commons for the 45th Canadian Parliament. This election marks a pivotal moment in the nation's political landscape, with key issues such as climate change, economic recovery, and healthcare reform dominating party platforms. Advance polls have already seen record-breaking participation, with over 7.3 million Canadians casting their votes early. The election will also introduce a new 343-seat electoral map, reflecting changes from the 2021 census. As the nation gears up for election day, voters are encouraged to check their registration status and polling locations through the Elections Canada website. With the stakes high and the future uncertain, this election promises to shape Canada's trajectory for years to come.

article

Is Now the Time to Invest in Your Dream Cottage? Experts Predict a 4.5% Drop in Cottage Prices Across Canada in 2023

The Canadian cottage market has been on a rollercoaster ride for the past two years, with prices soaring to unprecedented heights. However, the market is now starting to stabilize, and experts predict a 4.5% dip in cottage prices across the country in 2023. This forecasted drop in prices could be attributed to general consumer inflation and a severe lack of inventory, which has dampened sales activity.

Despite the market stabilizing, buying a cottage is still expensive, with prices remaining 32% higher than pre-pandemic levels. However, with the predicted price drop, now could be the perfect time for buyers to pounce and invest in their dream cottage.

If you’re considering buying a cottage, it’s essential to keep in mind that prices vary across the country. For instance, in Ontario, the aggregate price of a waterfront property increased by 8.9% in 2022, compared to 2021. In contrast, Quebec saw a 17.3% increase in the aggregate price of a waterfront property in 2022.

In conclusion, with the predicted price drop in 2023, now could be the perfect time for buyers to invest in their dream cottage. However, it’s essential to keep in mind that prices vary across the country, and it’s crucial to do your research before making any investment decisions.

Title: 

Comments