Compared this: U.S. construction currently accounts for 5.8% of GDP, or less than half Canada’s level. And during their peak just before the great slump, it was just about 9%. What does this tell us ? Construction Might Loom a Little Too Large in Canada’s Economy Anyone who’s tried to drive around downtown Toronto recently has […]
Why homes cost so much more in Canada (compared to U.S.) ?
No idea if the article below is supposed to be justifications for homes to cost so many times more in Canada as compared to U.S. ? On the surface, I find the reasoning somewhat lame … For example, the author argues, 1. There’s the exchange rate difference — now and when construction was initially carried out. […]