Ontario millennials must save for 20+ years for down payment: report [Video]
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Ontario millennials must save for 20+ years for down payment: report [Video]

A new report shows house prices need to drop by more than $500,000 for millennials to be able to afford a home in Ontario.

Generation Squeeze, a charitable organization fighting for generational fairness in the country, recently released a 56-page reported called “Straddling the Gap 2022,” which looks at the disparity between home prices and earnings across the country.

The study analyzes what Canada’s “primary goal” should be for home prices by looking at the gap between earnings and average home prices from 1976 until 2021, which was the last year available to procure data from the Canadian Real Estate Association (CREA).

After analyzing CREA’s data and comparing it to Statistics Canada’s data for annual income, the report concludes prices should stall “for many years ahead – or even continue to fall moderately.”

“The number of years of work required to save [for] a 20 [per cent] down payment on average priced …

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Remarks by José Andrés at WCK’s Celebration of Life Service at Washington National Cathedral [Video]
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Remarks by José Andrés at WCK's Celebration of Life Service at Washington National Cathedral [Video]

Founded in 2010 by Chef José Andrés, World Central Kitchen (WCK) is a nonprofit organization that is first to the frontlines providing fresh meals in response to crises, while working to build resilient food systems with locally led solutions. Applying our model of quick action, leveraging local resources, and adapting in real time, WCK has served hundreds of millions nourishing meals around the world. __Follow WCK:Website: https://wck.org/Instagram: https://instagram.com/wckitchenTwitter: https://twitter.com/WCKitchenFacebook: https://facebook.com/worldcentralkitchenTikTok: https://www.tiktok.com/@wckitchen

WCK Celebration of Life at Washington National Cathedral [Video]
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WCK Celebration of Life at Washington National Cathedral [Video]

World Central Kitchen held an interfaith Celebration of Life to honor our heroes killed in Gaza. The memorial service was held at the National Cathedral in Washington, DC on Thursday, April 25. The memorial service honored Saifeddin Issam Ayad Abutaha of Palestine, John Chapman of Britain, Jacob Flickinger of the U.S. and Canada, Lalzawmi “Zomi” Frankcom of Australia, James Henderson of Britain, James Kirby of Britain, and Damian Soból of Poland.__Founded in 2010 by Chef José Andrés, World Central Kitchen (WCK) is a nonprofit organization that is first to the frontlines providing fresh meals in response to crises, while working to build resilient food systems with locally led solutions. Applying our model of quick action, leveraging local resources, and adapting in real time, WCK has served hundreds of millions nourishing meals around the world. __Follow WCK:Website: https://wck.org/Instagram: https://instagram.com/wckitchenTwitter: https://twitter.com/WCKitchenFacebook: https://facebook.com/worldcentralkitchenTikTok: https://www.tiktok.com/@wckitchen