Opinion
A house for sale in Oakville, west of Toronto, on May 11, 2024. The Canadian Press/Richard Buchan
Commentary
Canada’s public policies are built on flawed averages. Housing is a prime example. Since the 1960s, the national average ratio of house prices to after-tax income has more than tripled, from around 2.2 in 1965 to over 7.5 by 2024. At its peak in 2022, that ratio surpassed 9.0.
Alan Aubut
Author
Alan Aubut is a retired geologist based in Nipigon, Ontario.
