Regina ranked the 2nd most affordable Canadian city for first time homeowners: study
Regina ranked the 2nd most affordable Canadian city for first time homeowners: study
Regina was ranked the second most affordable city for first time homeowners, according to a study conducted by real estate firm Edmonton Homes.
The research compared and ranked the 25 most populated cities in Canada, only St, John’s, N.L. was ranked higher than Regina.
The study compared the percentage of average annual income spent on house prices, property tax and electricity bills.
According to Edmonton Homes, 2.04 per cent of Regina’s $106,340 median salary is spent on electricity bills. The average wage equates to 37.40 per cent of the average house price, the firm said.
The average price of a home in Regina is $284,334, according to Edmonton Homes.
“Tax on properties costing around $500,000 will take 5.05 per cent of homeowners’ median salary,” the firm said.
After comparing salary percentage spent on average housing fees, the percentage of salary spent on property tax for homes that were worth $500,000, and the percentage of salary spent on energy, Regina received a score of 58.8 in the study.
The firm ranked Saskatoon as the third most affordable city in Canada for first time homeowners with a score of 56.1.
Other cities in the top 10 included Edmonton, Winnipeg and Calgary.
Canada's special rapporteur on foreign interference David Johnston will be questioned by MPs at committee Tuesday morning, about his role, his report into election meddling, his decision against a public inquiry, and allegations of a conflict of interest.
Prince Harry entered a courtroom witness box Tuesday, swearing to tell the truth in testimony against a tabloid publisher he accuses of phone hacking and other unlawful snooping.
Canada's emergency preparedness minister says images of wildfires burning across the country are some of the most severe ever witnessed in Canada and the current forecast for the next few months indicates the potential for continued higher-than-normal fire activity.
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Police in Australia are investigating the suspicious death of a woman who used to live in Surrey, BC, after her body was found in her apartment on the outskirts of Sydney.
Pope Francis briefly went to Rome's main hospital on Tuesday for tests and returned to the Vatican, two months after he was hospitalized with an acute case of bronchitis.
Astrud Gilberto, the Brazilian singer, songwriter and entertainer whose off-hand, English-language cameo on 'The Girl from Ipanema' made her a worldwide voice of bossa nova, has died at age 83.
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A long-awaited trail linking the town of Watrous to nearby Manitou Beach is now open to the public, but the meaning behind this simple gravel path goes much further than meets the eye.
A Ukrainian woman who now lives in Winnipeg is hoping one day she will be able to bring her husband's remains to her new home, a place he hoped one day he too would be able to call home.
Manitoba Public Insurance is suing the Manitoba government, a Manitoba construction company and an unidentified employee for more than $31,000 saying road work damaged 12 vehicles in 2021.
Calgary-based Cenovus Energy says it has safely restarted a portion of its production that was shut down because of the threat of wildfires in northern and central Alberta.
Canada's emergency preparedness minister says images of wildfires burning across the country are some of the most severe ever witnessed in Canada and the current forecast for the next few months indicates the potential for continued higher-than-normal fire activity.
Edmonton police launched a new tool Monday to encourage reports of "hate incidents," something officers believe will help them track people who may escalate to "hate crimes."
Many Canadian parents are stretching themselves thin — even going as far as to postpone their retirement in some cases — in order to help pay for their children’s education, according to a new survey.
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Capital Pride will be receiving money from the federal government to cover costs of added security measures at this year's Pride parade and other events.
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Police in Australia are investigating the suspicious death of a woman who used to live in Surrey, BC, after her body was found in her apartment on the outskirts of Sydney.
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The numerous forest fires raging in certain regions of Quebec have led to thousands of evacuations since the weekend and continue to threaten infrastructure on Tuesday. Temporary accommodation centres have been opened in nine municipalities on the Côte-Nord, in Abitibi-Témiscamingue and in Saguenay-Lac-Saint-Jean, to accommodate evacuees.
The Quebec national assembly's ethics commissioner Ariane Mignolet argues that the fact that MNAs are debating their own salaries can raise issues of conflict of interest.
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A wildfire that has been burning out of control on Vancouver Island since Sunday morning is now estimated to cover approximately 20 hectares of dense forest near Port Alberni.
Canada's emergency preparedness minister says images of wildfires burning across the country are some of the most severe ever witnessed in Canada and the current forecast for the next few months indicates the potential for continued higher-than-normal fire activity.
A grieving widow whose husband was run over and killed by a speeding OPP officer can't believe the force told her it won't hold a public hearing into the case because it decided the misconduct was 'not serious.'
Canada's emergency preparedness minister says images of wildfires burning across the country are some of the most severe ever witnessed in Canada and the current forecast for the next few months indicates the potential for continued higher-than-normal fire activity.
Officials are asking people living around Centennial Lake to evacuate their homes as a forest fire burns in the area west of Calabogie, Ont. An evacuation order has been extended to Wednesday afternoon.
Flames and smoke could be seen shooting out of a home on Graham Street in Waterloo shortly after midnight on Monday, creating a scene that firefighters say was intense before they arrived.
A report going before regional councillors on Tuesday will recommend beginning the process of environmental remediation at the former Charles Street bus terminal in Kitchener.
