Taking the pulse of Canada's financial future
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.
- Jessica Barrett is a freelance journalist in Vancouver. She joined us from our Edmonton studio.
- Catherine Swift is the former chair of the Canadian Federation of Independent Business. She's now with Working Canadians, an organization aimed at reducing the negative impacts of unions.
- Armine Yalnizyan is the Senior Economist at the Canadian Centre for Policy Alternatives.
This segment was produced by The Current's Pacinthe Mattar, Shannon Higgins and Marc Apollonio