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Alberta Separation Dream Stalls: What the Court Ruling Means for Your Wallet and Canada's Future

                                                                                               Alberta Legislature Building, Edmonton.  A judge has killed Alberta’s separation referendum petition, citing a failure to consult First Nations. Premier Danielle Smith vows to appeal — but the path forward is murky, and the economic stakes for all Canadians are enormous. MoneySavings.ca Staff  •  May 15, 2026  •  6 min read For much of the past year, Alberta separatists believed they were on the cusp of a historic moment. The grassroots group Stay Free Alberta had gathered over 301,000 petition signatures — well above the 178,000 required — and Premier Danielle Smith had already booked Oct...
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Toronto’s Housing Market Plummets to a 13-Year Low Amidst Higher Mortgage Rates

 


Toronto’s housing market experienced a significant decline in 2023, with home sales dropping to a 13-year low. According to a report by the Toronto Regional Real Estate Board, the number of home sales in the Greater Toronto Area (GTA) fell by 11% compared to the previous year . This decline can be attributed to the rise in mortgage rates, which made it difficult for potential buyers to afford homes.

The average home sold price in the GTA for November 2023 was $1,051,180, which is a 7% drop compared to the previous month . The report also states that the GTA housing market has been in a deep buyer’s market for the past few months, with the sales-to-new-listings ratio (SNLR) being 40% in November 2023. This means that there are comparatively more properties available for purchase than buyers in the market, giving buyers more leverage in negotiating prices and terms. However, the GTA is now once again in a balanced market, with buyers losing favour as sellers regain some control in the market .


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