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The Canadian property bubble refers to a significant rise in Canadian real estate prices from 2002 to present (with short periods of falling prices in 2008, 2017, and 2022). The Dallas Federal Reserve rated Canadian real estate as "exuberant" beginning in 2003. [1] From 2003 to 2018, Canada saw an increase in home and property prices of up to ...
The RST was increased one point to 8% on July 1, 2013. It reverted to 7% as of July 1, 2019 and although it was planned to drop to 6% as of July 1, 2020 [3][4] due to the COVID-19 pandemic the province has deferred the reduction until further notice. [5] There is a 5% tax on lodging and 5% tax on hotel room fees.
The 2020 General Social Survey revealed that 92% of adult Canadians said that "[ethnic] diversity is a Canadian value". [15] About 25% of Canadians were "racialized"; [2] By 2021, 23% of the Canadian population were immigrants—the "largest proportion since Confederation", according to Statistics Canada.
Canada's fertility rate hit a record low of 1.4 children born per woman in 2020, [32] below the population replacement level, which stands at 2.1 births per woman. In 2020, Canada also experienced the country's lowest number of births in 15 years, [32] also seeing the largest annual drop in childbirths (−3.6%) in a quarter of a century. [32]
Area codes 778, 236, and 672 are telephone area codes in the North American Numbering Plan (NANP) for the Canadian province of British Columbia.They form an overlay complex with area code 604, which serves only a small southwestern section, the Lower Mainland, of the province (including Vancouver), and area code 250, which serves the rest of the province.
Canada covers 9,984,670 km 2 (3,855,100 sq mi) and a panoply of various geoclimatic regions, of which there are seven main regions. [9] Canada also encompasses vast maritime terrain, with the world's longest coastline of 243,042 kilometres (151,019 mi). [20] The physical geography of Canada is widely varied.
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