Tuesday December 22, 2015

Taking the pulse of Canada's financial future

Demonstrators gather protesting against high housing prices for single family homes in downtown Vancouver, British Columbia.

Demonstrators gather protesting against high housing prices for single family homes in downtown Vancouver, British Columbia. (REUTERS)

Listen 19:37

Vancouver's Real Estate Board says the average price for a single-family detached home now sits at a record 1.47-million dollars. That's  the reality that spurred Eveline Xia to take to Twitter this spring, launching the "Don't Have 1 Million" hashtag, which immediately caught on with other young people shut out of the housing market.

With unemployment stuck at just over seven per cent, the slumping price of oil, and high household debt, many Canadians are feeling uneasy about the economy right now.

This segment was produced by The Current's Pacinthe Mattar, Shannon Higgins and Marc Apollonio