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The country is also almost certainly heading towards a recession — if it's not already in one — and the housing market is partly to blame, economists say. But immigration is just one of many factors at play — Canada's housing crisis far preceded the rise in immigration. Stillo believes Canada's housing bubble has been slowly "deflating" for the last 18 months, despite an upswing in prices earlier this year. But there isn't consensus on if and when Canada's housing bubble will burst — or even if there is a bubble. While housing prices have flattened recently as demand softens, he says they show no sign of significantly declining.
Persons: , it's, Mosche Lander, haven't, Mike Moffat, Tony Stillo, Moffat, Lander, Stillo, they're Organizations: Service, Concordia University, Smart Prosperity, University of Ottawa, US, Oxford Economics, America, Bloomberg Locations: Canada, Canadian
[1/2] Canadian Prime Minister Justin Trudeau and wife Sophie Gregoire Trudeau, in the House of Commons on Parliament Hill during U.S. President Joe Biden's visit to Ottawa, Ontario, Canada March 24, 2023. On Wednesday, Trudeau and his wife Sophie Gregoire Trudeau unexpectedly announced their separation, likely marking the end of their 18-year-long high profile marriage. "He's running again," said a source close to Trudeau, when asked whether the news of the separation might be prompting second thoughts. Trudeau's father, former Liberal prime minister Pierre Trudeau, also separated from his wife Margaret - known popularly as Maggie - when in office. Graves said the news of Trudeau's separation was unlikely to have "much if any discernible impact on the voter landscape”.
Persons: Justin Trudeau, Sophie Gregoire Trudeau, Joe Biden's, Blair Gable, Justin Trudeau's, Trudeau, Roderick Phillips, Nik Nanos, Trudeau's, Pierre Trudeau, Margaret, Maggie, Pierre, Frank Graves, , Graves, Denise Davison, bode, " Davison, David Ljunggren, Kyaw Soe, Ismail Shakil, Denny Thomas, Grant McCool Organizations: Canadian, REUTERS, OTTAWA, Liberal Party, Ottawa's Carleton University, Nanos Research, Liberal, Thomson Locations: U.S, Ottawa , Ontario, Canada, Toronto, Ottawa
The leaders of the two biggest opposition parties - Conservative party leader Pierre Poilievre and New Democratic party leader Jagmeet Singh - are among politicians who actively used TikTok to reach constituents. That prompted lawmakers from both the ruling Liberals and opposition Conservatives to go even further by suspending their accounts on TikTok. "Any limitation on social media is a problem for any opposition politician," Nik Nanos of Nanos Research told Reuters, saying they do not have the incumbent advantage of being featured regularly on more traditional media outlets. Singh also told reporters that taking a pause to assess how to safely use the social media platform is "something that I feel very comfortable doing and I have no hesitation to do." Poilievre - who has styled himself as an anti-establishment figure - has relied on a strategy of directly reaching voters through social media platforms such as TikTok, where he frequently attacks opponents and makes parody videos.
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