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Showing posts from April 7, 2022

Canada Proposes A Restriction On Foreign Buyers Purchasing Real Estate In The Country

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Justin Trudeau has committed to reduce the country's skyrocketing housing costs. Justin Trudeau, Canada's prime minister, has proposed a two-year restriction on some foreigners buying properties. The move comes as the country grapples with some of the world's most severe home affordability problems. Prices have risen by more than 20%, bringing the average Canadian home to about C$817,000 ($650,000; £495,000) - roughly nine times the average household income. However, industry experts say it's unclear whether a prohibition on foreign purchasers will solve the problem. Although data on overseas purchases in Canada is sparse, research suggests that they make up a modest portion of the market. "I don't believe it will have a significant impact," said Ben Myers, president of Toronto-based consultancy firm Bullpenn Research & Consulting, who determined that foreigners accounted for just 1% of purchases in 2020, down from 9% in 2015 and 2016. "It's a

The Town's Bird Enthusiasts Are Outraged By The Deportation Of The Tenacious Geese

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Residents who had cared for a pair of "feisty" geese have been removed from their home on a canal towpath, leaving them "devastated." For several years, nine geese had built their home on the canal in Cwmbran's Two Locks neighborhood. They were "liked by all," according to the residents who fed and cared for them. Torfaen council, on the other hand, stated it has received reports of the birds attacking members of the public. According to the Local Democracy Reporting Service, the complaints were over two Buff geese that had barely reached maturity. Residents were outraged when a pest control team removed the two geese on Wednesday. Residents are "extremely unhappy," according to Roslynne Eaton, a regular user of the canal. "The two geese were dumped there when they were very young roughly three years ago, and they have been wild fending for themselves," she said. "They've only recently matured, so they're a little fierc