housing crisis
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Canadian housing prices continue to drop, but listings don’t tell the whole story
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Housing prices will continue to drop well into the first quarter of 2023, but home ownership remains an elusive, if not unfeasible, milestone for young Canadians. Since their peak in February of this year, average housing prices in Canada have decreased by about 11 per cent. In a housing outlook released last month, the Canada…
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Canada’s increased immigration targets: great for labour, not so good for housing
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Last year, Canada broke its annual immigration record with 405,000 newcomers. The nation will continue to break this record until at least 2025. According to a plan revealed by Sean Fraser, the Canadian minister of immigration, Canada aims to welcome 465,000 permanent residents in 2023, 485,000 in 2024 and 500,000 in 2025. The catalyst for…
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Locals say the housing market in Waterloo region is no longer affordable
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The average price of houses jumped by 34 per cent in Waterloo region, and 23 per cent province wide year over year. This has made it increasingly unaffordable for community members to rent or purchase homes. A report showed that Ontario needs to add one million homes to keep up with population growth in the…
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Kitchener’s first legal tiny home shows possible solution to housing crisis
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Since the zoning bylaw amendment in April, Simon Wong has become the first property owner to receive a building permit for Kitchener’s first legal tiny home. After receiving his building permit in August, Wong began the construction of his tiny home in his backyard and is on track to complete the project by the end…
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Laurier announces the launch of first competitive eSports Live League
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Let the gaming begin! In what has become one of the most popular industries in the realm of sports, eSports has seen massive growth in the past few years and Laurier is pleased to launch their first ever competitive digital gaming league. The league, named Laurier eSports Live, was launched last week and is now…
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Brianna Iannazzo wins Outstanding Women of Laurier Award 2020
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The Outstanding Women of Laurier award, originally scheduled for March 26, was cancelled due to the current global pandemic. The Athletics and Recreation departments worked hard to hold the ceremony virtually and were able to do that during this past month, as they were finally able to recognize the amazing nominees on Aug. 6. This…
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New Kitchener bylaw allows for addition of tiny houses and granny flats
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On Oct. 28 the Kitchener city councillors ruled to approve a new residential bylaw that will allow up to three residential units on a property. The bylaw will permit adding units like tiny houses, granny flats and above-garage apartments to a property. “We have been working on updating our zoning bylaw for over five years,…
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Student housing issues lead to protests by those affected
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Revolutionary Student Movement’s (RSM) Waterloo chapter organized a student housing rally that took place on Sept. 23 after a massive data leak of over 6000 maintenance requests that came from the tenant portal for users living in buildings owned by Accomad8U, especially pertaining to many buildings on Albert Street. Although almost 800 students had said…
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Laurier women’s fastpitch team remains undefeated with 7-0 lead
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Women’s fast pitch at Laurier has gone on a seven-game win streak, sitting first in their division as they stay undefeated during the first two weekends of their season, aiming towards a first place finish at the season’s end. “We have a really strong focus obviously we are hosting the national championships this fall and…
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