Stephen Punwasi
Founder at Better Dwelling
Finance & tech guy. Co-founder @BetterDwelling. You’ve probably read something I wrote.
Articles
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1 week ago |
betterdwelling.com | Stephen Punwasi
Canada has never embraced economic inequality to the extent it has over the past few years. Statistics Canada (Stat Can) data shows the household income gap continued to widen in 2024. A result of policies that favor one group at the expense of another, the income gap indicates rising household inequality. Rising income inequality has significant social liabilities, eroding quality of life and leading to increased political polarization.
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2 weeks ago |
betterdwelling.com | Stephen Punwasi
Canada is seeing weak home sales, slowing population growth, and economic uncertainty. It’s the perfect recipe for… higher rental prices? A new report shows that rental prices made a sharp jump in March, amplifying already accelerated growth in small cities and traditionally cheaper purpose-built rentals.
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3 weeks ago |
betterdwelling.com | Atlantic Canada |Stephen Punwasi
Canada’s trade war with the world’s largest economy is a serious threat to its stability. In fact, it’s such an economic threat that almost no one is paying attention to another significant one—the trade war with the world’s second-largest economy, China. RBC Economics warns that China has finally responded to Canada’s import tariffs on Chinese EVs and metals. China’s recent announcement will hit agricultural exports, potentially compounding pressure from American tariffs.
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3 weeks ago |
betterdwelling.com | Stephen Punwasi
Canadian debt problems are still surfacing despite a mad dash to slash rates and stimulate growth. Canadian Bankers Association (CBA) data shows mortgages in arrears climbed in January. Since setting a record low a few months ago, the arrears have climbed over 50% to hit the highest rate since 2021. Today we’re looking at the CBA’s mortgage arrears rate. A selected group of CBA members report the share of their mortgages at least 90 days past due.
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3 weeks ago |
betterdwelling.com | Stephen Punwasi
Canada’s latest data should put to rest any doubts over slowing international student demand. Immigration, Refugees and Citizenship Canada (IRCC) data shows new study permit applications fell sharply in January. Policymakers planned to throttle applications with caps, but the drop has been multiples of the planned reduction. Total new study permit applications received by the Government of Canada (GoC) IRCC. For the month of January. Source: IRCC; Better Dwelling.
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Hey 🇨🇦 👋 Friendly reminder to young adults—vote even if it looks like your candidate won’t win. - polls are junk & avg 1-3 people per riding. That’s not a measurement, it’s a sales pitch. - policies suck because politicians work for votes. Vote & they’ll work for you.
Folks in 🇨🇦 do this bizarre thing where they debate whether a deficit is good or bad without any regard for how it’s spent. Reading gov dept notes often shows they have no idea where to allocate. Folks often cheer on nothing but the commitment to pass debt onto the next gen.
RT @BetterDwelling: Canadian Housing Starts Collapse As Ontario Falls To 2009 Levels #ToRe #VanRe https://t.co/3wexSAVcLR