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'It's scary': 3 Ontario men lose $373,000 to crypto investment fraud
Three men across Ontario are speaking out after losing hundreds of thousands of dollars to a cryptocurrency investment scam, including one man in Brampton who lost $226,000.
A new survey shows that the majority of Canadian residents would support a modest price on housing inequity, with many calling for a surtax on homes valued over $1 million – comprising 10 per cent of the country’s housing market.
Such a tax measure could raise around $5 billion per year in revenue, as reported by BNN Bloomberg.
The data, collected by Generation Squeeze, a Canadian nonprofit, points to unified homeowner hopes of combating unaffordability.
“We should celebrate those among us willing to contribute a small amount of their housing wealth to help put the brakes on crushing levels of unaffordability,” Generation Squeeze wrote on their website.
“Our poll suggests many Canadians are open to changing a dysfunctional housing system that pits younger aspiring home owners … against older established home owners who bought into the market decades ago and have watched as rising prices created wealth windfalls.”
The poll surveyed 1,010 Canadian adults. Fifty-seven per cent of respondents living in million-dollar homes said they would be in favour of “putting a modest price on housing inequity.”
In October, the average home price in Canada dropped to $756,200, down 1.2 per cent from the previous month, according to a report released by the Canadian Real Estate Association on Tuesday.
Many poll respondents claimed that taxing support would rise if revenue increases went toward more affordable housing units.
“What our poll found is that many Canadians would be willing to go further than politicians expect to check home price escalation,” Generation Squeeze said.
Methodology:
This data was collected by Research Co. for Generation Squeeze. The poll was conducted among 1,010 Canadian adults, and the margin of error for the results is +/- 3.1 per cent age points, 19 times out of 20.
Three men across Ontario are speaking out after losing hundreds of thousands of dollars to a cryptocurrency investment scam, including one man in Brampton who lost $226,000.
A black bear accidentally got locked in a car in Coquitlam Thursday, destroying the interior before being freed by police.
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They were billed as artworks by Pablo Picasso, paintings so valuable that an Australian art museum’s decision to display them in an exhibition restricted to women visitors provoked a gender discrimination lawsuit. The paintings again prompted international headlines when the gallery re-hung them in a women’s restroom to sidestep a legal ruling that said men could not be barred from viewing them.
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An Ontario mother says the increasing cost of baby formula for her seven month old is stressful. Since Samantha Krobel's child was born in November 2023, she says the cost of formula has gone up roughly $12.
A northern Alberta community declared a local state of emergency Thursday after wildfires close to it forced the evacuation of almost 1,000 residents.
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Would-be homebuyers who backed out of a deal to purchase a B.C. property in a hot real estate market have been ordered to pay the seller the difference between what they offered and what he was able to sell the home for when the market cooled.
Ottawa city councillor Tim Tierney has waited decades for the chance to meet his rock-star idols Nickelback.