Source: CBC Radio, cbc.ca, June 07, 2020 Unlike other levels of government, municipalities cannot run a deficit budget by law. Many Canadians may grumble this month as they open their property tax assessments. But by this time next year, that grumble could turn into a scream if municipalities can’t figure out different ways to bring… Continue reading Canadian Municipalities Could Face $20b Budget Shortfall Due to Coronavirus
Tag: drop
In Some Regions, Canadian House Prices Could Drop by 25%
Source: THE CANADIAN PRESS, globalnews.ca, May 28, 2020 The drop in home prices will come along with a “historic recession” this year as the economic shock of COVID-19 continues to grow. Canada’s housing agency says it expects home prices and sales will decline substantially this year and still won’t have recovered by the end of… Continue reading In Some Regions, Canadian House Prices Could Drop by 25%