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Canada Faces Pressure to Provide Safe Haven for America's Trans Community Following Trump's Gender Order

  In the wake of President Donald Trump's recent executive order, which mandates the recognition of only two sexes—male and female—there is growing pressure on the Canadian government to offer refuge to America's transgender community. The order, signed on Trump's first day back in office, has sparked widespread concern and backlash, particularly among LGBTQ+ advocates. The executive order, titled "Defending Women from Gender Ideology Extremism and Restoring Biological Truth to the Federal Government," effectively rolls back protections for transgender individuals by requiring government documents to recognize only male and female as sexes. This move has left many transgender Americans feeling vulnerable and uncertain about their future. In response, prominent trans activists in Canada are calling on the federal government to update travel safety guidelines for trans Canadians traveling to the U.S. and to consider offering asylum to those affected by the new polic...

Luxury Real Estate Market Sees Significant Sales Surge in Q4

 

The luxury real estate market in the Greater Toronto Area (GTA) experienced a remarkable sales surge in the fourth quarter of 2024, according to a recent report by Re/Max Canada. Homes valued over $3 million saw a 40.5% year-over-year increase in sales, with 364 homes sold in the $3 million to $5 million range. This surge was primarily driven by the Bank of Canada's recent rate cuts, which sparked demand for high-end properties.

Sales of homes priced between $5 million and $7.5 million rose by 58.5%, while those between $7.5 million and $10 million climbed by 41.2%. The central bank's back-to-back 50 basis point cuts in October and December were cited as the primary catalysts behind this increased buyer enthusiasm.

Re/Max Canada President Christopher Alexander noted that the economic climate and pent-up demand contributed to this surge, setting the stage for a strong luxury market in 2025. The firm predicts a five percent increase in the national average residential price over the course of the year, as optimism about the housing market grows among Canadians.

This uptick in luxury home sales is expected to have a positive impact on the broader housing market, with increased activity anticipated in 2025.




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