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Affordable Housing In Canada
The continuum of affordable housing in Canada includes market (affordable rental housing and affordable home ownership), non-market (affordable rental housing and affordable home ownership), and government-subsidized housing ( emergency shelters, transitional housing and social housing). As of 2021, 68.55% of Canadian families owned their homes, up from 60% in 1999. About two thirds of households live in homes they own while the other third are in rental housing. Canada's housing marketplace provided housing for approximately 80% of Canadian households for both homeowners and renters. Housing affordability is generally measured based on a shelter-cost-to-income ratio (STIR) of 30% by the national housing agency of Canada, the Canada Mortgage and Housing Corporation (CMHC). Changes to either the cost of housing or income affect affordability. Demographics and social geography inform affordability pressures on different groups of people. A large city in Canada with extremes of we ...
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Affordable Housing
Affordable housing is housing which is deemed affordable to those with a household income at or below the median as rated by the national government or a local government by a recognized housing affordability index. Most of the literature on affordable housing refers to mortgages and a number of forms that exist along a continuum – from emergency homeless shelters, to transitional housing, to non-market rental (also known as social or subsidized housing), to formal and informal rental, indigenous housing, and ending with affordable home ownership. Housing choice is a response to an extremely complex set of economic, social, and psychological impulses. For example, some households may choose to spend more on housing because they feel they can afford to, while others may not have a choice. Definition and measurement There are several means of defining and measuring affordable housing. The definition and measurement may change in different nations, cities, or for specific pol ...
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Vancouver
Vancouver ( ) is a major city in western Canada, located in the Lower Mainland region of British Columbia. As the List of cities in British Columbia, most populous city in the province, the 2021 Canadian census recorded 662,248 people in the city, up from 631,486 in 2016. The Greater Vancouver, Greater Vancouver area had a population of 2.6million in 2021, making it the List of census metropolitan areas and agglomerations in Canada#List, third-largest metropolitan area in Canada. Greater Vancouver, along with the Fraser Valley Regional District, Fraser Valley, comprises the Lower Mainland with a regional population of over 3 million. Vancouver has the highest population density in Canada, with over 5,700 people per square kilometre, and fourth highest in North America (after New York City, San Francisco, and Mexico City). Vancouver is one of the most Ethnic origins of people in Canada, ethnically and Languages of Canada, linguistically diverse cities in Canada: 49.3 percent of ...
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World War II
World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposing military alliances: the Allies and the Axis powers. World War II was a total war that directly involved more than 100 million personnel from more than 30 countries. The major participants in the war threw their entire economic, industrial, and scientific capabilities behind the war effort, blurring the distinction between civilian and military resources. Aircraft played a major role in the conflict, enabling the strategic bombing of population centres and deploying the only two nuclear weapons ever used in war. World War II was by far the deadliest conflict in human history; it resulted in 70 to 85 million fatalities, mostly among civilians. Tens of millions died due to genocides (including the Holocaust), starvation, ma ...
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Great Depression
The Great Depression (19291939) was an economic shock that impacted most countries across the world. It was a period of economic depression that became evident after a major fall in stock prices in the United States. The economic contagion began around September and led to the Wall Street stock market crash of October 24 (Black Thursday). It was the longest, deepest, and most widespread depression of the 20th century. Between 1929 and 1932, worldwide gross domestic product (GDP) fell by an estimated 15%. By comparison, worldwide GDP fell by less than 1% from 2008 to 2009 during the Great Recession. Some economies started to recover by the mid-1930s. However, in many countries, the negative effects of the Great Depression lasted until the beginning of World War II. Devastating effects were seen in both rich and poor countries with falling personal income, prices, tax revenues, and profits. International trade fell by more than 50%, unemployment in the U.S. rose to 23% and ...
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Premiership Of Stephen Harper
The premiership of Stephen Harper began on February 6, 2006, when the first Cabinet headed by Stephen Harper was sworn in by Governor General Michaelle Jean. Harper was invited to form the 28th Canadian Ministry and become Prime Minister of Canada following the 2006 election, where Harper's Conservative Party won a plurality of seats in the House of Commons of Canada, defeating the Liberal Prime Minister Paul Martin's government. In the 2011 federal election, Harper won his first and only majority government. Background From Canadian Confederation until the 1993 election, the Liberal Party's control has been the rule of who was in power in Canada, with short-lived Conservative governments to break up their long stretches of governance. Stephen Harper, then a member of Parliament, and political scientist Tom Flanagan described this as "a benign dictatorship, not under a strict one-party rule, but under a one-party-plus system beset by the factionalism, regionalism and c ...
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Kelowna Accord
The Kelowna Accord is a series of agreements between the Government of Canada, First Ministers of the Provinces, Territorial Leaders, and the leaders of five national Aboriginal organizations in Canada. The accord sought to improve the education, employment, and living conditions for Aboriginal peoples through governmental funding and other programs. The accord was endorsed by Prime Minister Paul Martin, but was never endorsed by his successor, Stephen Harper. History The agreement resulted from 18 months of roundtable consultations leading up to the First Ministers' Meeting in Kelowna, British Columbia in November 2005 and was described in a paper released at the end of the meeting entitled "First Ministers and National Aboriginal Leaders Strengthening Relationships and Closing the Gap" and a separate press release, issued by the Prime Minister's Office at the close of the Kelowna meetings. The Quebec Aboriginals were not included in this final accord, as they did not particip ...
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Mumilaaq Qaqqaq
Mumilaaq Qaqqaq ( iu, ᒧᒥᓛᖅ ᖃᖅᑲᖅ, italic=no; born 4 November 1993; formerly known as Trina Qaqqaq) is a Canadian activist and former politician who served as the Member of Parliament (MP) for Nunavut in the House of Commons of Canada from 2019 to 2021. Elected in the 2019 Canadian federal election, Qaqqaq was the first member of the New Democratic Party (NDP) to represent Nunavut since the creation of the territory in 1999; Peter Ittinuar (MP for Nunatsiaq) had previously represented what is now Nunavut as an NDP member until switching affiliation to the Liberal Party in 1982. During her tenure, she was the only non-Liberal MP from Northern Canada. Early life and personal life Qaqqaq was born in Baker Lake, Northwest Territories, and later moved to Iqaluit. She was formerly known as Trina Qaqqaq, but later on adopted Mumilaaq, a moniker given by her father. Mumilaaq means "dancing little one" in Inuktitut; Qaqqaq stated she adopted the name to reclaim her ...
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COVID-19 Pandemic
The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identified in an outbreak in the Chinese city of Wuhan in December 2019. Attempts to contain it there failed, allowing the virus to spread to other areas of Asia and later worldwide. The World Health Organization (WHO) declared the outbreak a public health emergency of international concern on 30 January 2020, and a pandemic on 11 March 2020. As of , the pandemic had caused more than cases and confirmed deaths, making it one of the deadliest in history. COVID-19 symptoms range from undetectable to deadly, but most commonly include fever, dry cough, and fatigue. Severe illness is more likely in elderly patients and those with certain underlying medical conditions. COVID-19 transmits when people breathe in air contaminated by droplets and ...
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University Of Toronto
The University of Toronto (UToronto or U of T) is a public research university in Toronto, Ontario, Canada, located on the grounds that surround Queen's Park. It was founded by royal charter in 1827 as King's College, the first institution of higher learning in Upper Canada. Originally controlled by the Church of England, the university assumed its present name in 1850 upon becoming a secular institution. As a collegiate university, it comprises eleven colleges each with substantial autonomy on financial and institutional affairs and significant differences in character and history. The university maintains three campuses, the oldest of which, St. George, is located in downtown Toronto. The other two satellite campuses are located in Scarborough and Mississauga. The University of Toronto offers over 700 undergraduate and 200 graduate programs. In all major rankings, the university consistently ranks in the top ten public universities in the world and as the top university ...
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Canadian Imperial Bank Of Commerce
The Canadian Imperial Bank of Commerce (CIBC; french: Banque canadienne impériale de commerce) is a Canadian multinational banking and financial services corporation headquartered at CIBC Square in the Financial District of Toronto, Ontario. The Canadian Imperial Bank of Commerce was formed through the 1961 merger of the Canadian Bank of Commerce (founded in 1867) and the Imperial Bank of Canada (founded in 1873), in the largest merger between chartered banks in Canadian history. It is one of two "Big Five" banks founded in Toronto, the other being the Toronto-Dominion Bank. The bank has four strategic business units: Canadian Personal and Business Banking, Canadian Commercial Banking and Wealth Management, U.S. Commercial Banking and Wealth Management, and Capital Markets. It has international operations in the United States, the Caribbean, Asia, and United Kingdom. Globally, CIBC serves more than eleven million clients, and has over 40,000 employees. The company ranks at n ...
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Royal Bank Of Canada
Royal Bank of Canada (RBC; french: Banque royale du Canada) is a Canadian multinational financial services company and the largest bank in Canada by market capitalization. The bank serves over 17 million clients and has more than 89,000 employees worldwide. Founded in 1864 in Halifax, Nova Scotia, it maintains a corporate headquarters in Toronto and its head office in Montreal. RBC's institution number is 003. In November 2017, RBC was added to the Financial Stability Board's list of global systemically important banks. In Canada, the bank's personal and commercial banking operations are branded as ''RBC Royal Bank'' in English and ''RBC Banque Royale'' in French and serves approximately 10 million clients through its network of 1,209 branches. RBC Bank is a US banking subsidiary which formerly operated 439 branches across six states in the Southeastern United States, but now only offers cross-border banking services to Canadian travellers and expats. RBC ...
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Ahmed Hussen
Ahmed Hussen ( so, Axmed Xuseen; born 1976) is a Canadian lawyer and politician who has been serving as the minister of housing and diversity and inclusion since October 26, 2021. A member of the Liberal Party, Hussen has also sat as the member of Parliament (MP) for the Toronto-area the riding of York South—Weston since the 2015 federal election. He previously served as the minister of families, children and social development from 2019 to 2021 and the minister of immigration, refugees and citizenship from 2017 to 2019. He is the first Somali-Canadian to be elected to the House of Commons and the first to hold a federal Cabinet position. Early life and education Hussen was born and raised in Mogadishu, Somalia. He has five older siblings and his father was a long-distance trucker. Hussen learned to speak English there from a cousin. He and his family left Mogadishu after the Somali Civil War reached their neighbourhood. He described his experience in the civil war: "I was ...
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