Introduction Today the Government of Canada released its 2025 Budget. The first for the Carney Government and by Finance Minister François-Philippe Champagne. Like this one, future budgets will now be released in the fall as opposed to the former procedure of releasing budgets in the spring-time. This is a consequential budget as it outlines...Read More
Canada’s housing crisis has reached a critical point, with urban centres struggling to keep up with growing demand. According to the Canada Mortgage and Housing Corporation (CMHC), an additional 3.5 million homes need to be built by 2030 to restore affordability in the housing market. While governments at all levels have introduced measures to address...Read More
It was announced today that the federal government will further their cap on international students entering Canada’s post-secondary education system. This policy, aimed at addressing concerns around housing shortages and strain on resources in major cities, will cause a significant shift that could have far-reaching implications for students, institutions, and economies in the surrounding areas....Read More
April 16, 2024Today the Government of Canada released its 2024 Budget. SummaryFinance Minister Chrystia Freeland tabled her fourth budget today which includes $535 billion in spending and has a deficit of $39.8 billion, compared to last year’s deficit of $40.1 billion. Total new spending is $11.5 billion. Key spending areas are: $8.5 billion to house...Read More
You are walking down the street, and you see someone who appears to be homeless.Most of us feel sympathetic, and might reflect on how our career, education, family, mental or physical health have resulted in a roof over our heads. It’s common to ascribe homelessness to mental health, unmitigated drug/alcohol misuse, family catastrophes, or generally...Read More
Edmonton, Alberta – March 12, 2024 Visionstate Corp. (TSXV: VIS) (“Visionstate” or the “Company”), is proud to announce that its portfolio investment company, Sol Spaces Inc., has entered into a strategic agreement with Diplomat Consulting Inc. (“Diplomat”) to represent Sol Spaces as it endeavors to deploy transitional housing options to address homelessness and affordability challenges...Read More
Yesterday the Alberta Government released its 2024 Budget. Summary/Political Context Alberta Finance Minister Nate Horner tabled his first budget, which includes more than $70 billion in spending and a surplus of $367 million. Restraint and austerity are the key words that define this budget. Premier Danielle Smith’s goal of keeping spending increases below 6.2% (this...Read More
Albertans may not realize it, but we make significant investments in higher education for the future success of this province. For every full-time domestic student enrolled in a program at a college or university in Alberta, the province gives institutions ~$16,000. While this may sound significant, Alberta ranks second-to-last in GDP-ratio spending amongst Canadian provinces....Read More
With the introduction of the Cannabis Act in 2018, Canada was the second jurisdiction (after Uruguay) to legalize cannabis at a national level for adult recreational use. Given this substance was illegal for over 90 years, and ending this prohibition was unprecedented for Canadian society, Parliament mandated a review of the Act within three years...Read More
