Cities in Canada are facing financial challenges and political interference due to various factors such as COVID-19, the housing crisis, weak provincial leadership, and high immigration rates.
Thanks to a series of factors – COVID-19 , the housing crisis , chronically weak provincial leadership and sky-high immigration rates — cities in Canada have been left holding the bag for any number of costs they don’t have the means to cover.
Canada Cities Financial Burden Political Interference COVID-19 Housing Crisis Provincial Leadership Immigration Rates
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Canada's Medical Schools Struggle to Meet Growing Demand for DoctorsCanada's medical schools are admitting only 167 more doctors for mandatory postgraduate training than they did 10 years ago, even as the population has increased by about five million people. More than 6.5 million Canadians do not have regular access to a family doctor. The number of medical residences has grown little over the last 10 years.
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Canada Needs Heavy Financial Incentives to Boost Electric Vehicle SalesConsultants at Ernst & Young (EY) suggest that Canadians will require significant financial incentives for at least five years to maintain the current growth rate of electric vehicle (EV) sales. The Canadian government, led by Prime Minister Justin Trudeau, has prioritized the transition from fossil fuels to EVs. EV sales are currently at record levels.
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This man creates app to help newcomers in Canada with financial barriersNigerian-born Kingsley Madu found it exceptionally difficult to get set up financially after he moved to Canada in 2019. It was the motivation for him to develop a banking app to help ease some of the financial barriers faced by newcomers.
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Maple Leafs Struggle to Close Out GamesThe Toronto Maple Leafs are facing issues in closing out games, which has been a problem throughout the season. Coach Sheldon Keefe expressed concern about relying on players in crucial moments. The team's recent losing streak has highlighted this issue.
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New COVID-19 Subvariant Becomes Dominant Strain in CanadaA new COVID-19 subvariant, JN.1, has emerged and is now the prevailing strain across Canada, prompting health experts to caution that it may be more infectious and could even have extra symptoms.
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Canada's Highest-Paid CEOs Break Records with Compensation in 2022Canada’s 100 highest-paid CEOs broke records with their compensation in 2022, according to the Canadian Centre for Policy Alternatives. The average CEO was paid $14.9 million, 246 times more than the average Canadian worker. The gap between CEO and worker pay widened as prices rose by 6.8% in 2022.
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