MPAC reports on housing market changes in Hamilton, noting how the market is affected by the broader Ontario market and Bank of Canada interest rate hikes.

The entities involved

• HAMILTON →

  Czech company

  • Candidates in Hamilton vowed to link proposed tax increases directly to inflation rates.11:00
  • Jess Wilson visited the regional hospital in Hamilton, which is located in the Western District. The hospital is currently seeking funding, which has been covered by The Standard.Fri 22:11
• Municipal Property Assessment Corporation →

  Ontario government agency

  Nothing else this week.

• Bank of Canada →

  central bank of Canada

  • The Bank of Canada raised its interest rate to 2.5% to curb inflation, while the government invested $1.6B in AI startup Cohere.13:58
  • The Bank of Canada is monitoring labor market trends regarding AI exposure, while CIBC reports on skills development and job prospects.10:24
• Ontario →

  company

  • Ontario government removes bike lanes in Toronto while Alberta plans legislation to block them.19:26
  • Research team addresses Indigenous participation barriers while discussing ongoing water insecurity issues in Ontario.19:06

Related events

• Ron Butler tracks the implications of Bank of Canada rate hikes on housing pressure in Ontario and British Columbia.Wed 19:40