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  #561  
Old Posted Dec 6, 2017, 10:28 PM
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What does it mean when The Financial Post says that the marginal effective tax rate (METR) on new business investments in Saint John, NB is 96.5%

Does that mean 3.5% return on investment?



from story:
http://business.financialpost.com/ne...in-the-country
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  #562  
Old Posted Jan 18, 2018, 5:18 PM
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New Brunswick home sales post best December on record – 2017 second best year ever after 2007

A quote from the Canadian Real Estate Association:

"Sales in December top 400 units for the first time

The number of homes sold through the MLS® Systems of real estate Boards in New Brunswick rose 7.5% on a year-over-year basis to 403 units in December 2017. This was the best December sales figure on record – the first time that sales have ever topped 400 in the final month of the year.

On an annual basis, home sales totaled 7,935 units in 2017. This was up 6.8% from 2016, and marked the second best year on record after 2007."
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  #563  
Old Posted Jan 18, 2018, 5:21 PM
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Newfoundland and Labrador home sales up slightly year-over-year in December

A quote from the Canadian Real Estate Association:

"The number of homes sold in the region serviced by the Newfoundland and Labrador Association of REALTORS® totalled 287 units in December 2017, up 2.1% (or six sales) from the December 2016 low but still below both the five and 10-year averages for that month.

On an annual basis, provincial home sales numbered 3,889 units over 2017, down 4.7% from the same period in 2016. This stood below the previous 10 years, although that was largely due to a quiet first half of 2017. The second half of 2017 showed some improvement."
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  #564  
Old Posted Jan 19, 2018, 6:54 PM
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Quote:
Originally Posted by KnoxfordGuy View Post
New Brunswick home sales post best December on record – 2017 second best year ever after 2007

A quote from the Canadian Real Estate Association:

"Sales in December top 400 units for the first time

The number of homes sold through the MLS® Systems of real estate Boards in New Brunswick rose 7.5% on a year-over-year basis to 403 units in December 2017. This was the best December sales figure on record – the first time that sales have ever topped 400 in the final month of the year.

On an annual basis, home sales totaled 7,935 units in 2017. This was up 6.8% from 2016, and marked the second best year on record after 2007."
Great news. I am one that moved here in that time so I take partial credit. Would be interesting to see the sales broken up by area, or rural/urban.
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  #565  
Old Posted Jan 19, 2018, 9:42 PM
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All information from the Camadian Real Estate Association for New Brunswick's big three cities.

Fredericton: "Residential property sales numbered 91 units in December, an increase of 2.2% from the same month last year and in line with both the five and 10-year averages for the month.

Annual residential property sales numbered 2,122 through 2017, up 4.8% from 2016 and an eight-year high for annual activity."

Moncton: "Residential sales in the area served by the Greater Moncton REALTORS® du Grand Moncton numbered 162 units in December 2017. This was a record for the month, up 10.2% compared to December 2016.

On an annual basis, home sales totalled 2,925 over all of 2017, up 9.2% from 2016. This was the highest annual sales figure ever, surpassing the previous record set a decade ago."

Saint John
: "Residential sales activity reported through the MLS® System of the Saint John Real Estate Board numbered 108 units in December 2017. This was up 17.4% from December 2016 and marked the best month of December for activity in the region since 2006.

On an annual basis, home sales totaled 2,068 units in 2017. This was an increase of 7.9% from 2016, and a nine-year high for annual sales activity."
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  #566  
Old Posted Jan 19, 2018, 10:46 PM
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Quote:
Originally Posted by KnoxfordGuy View Post
All information from the Camadian Real Estate Association for New Brunswick's big three cities.

Fredericton: "Residential property sales numbered 91 units in December, an increase of 2.2% from the same month last year and in line with both the five and 10-year averages for the month.

Annual residential property sales numbered 2,122 through 2017, up 4.8% from 2016 and an eight-year high for annual
activity."

Moncton: "Residential sales in the area served by the Greater Moncton REALTORS® du Grand Moncton numbered 162 units in December 2017. This was a record for the month, up 10.2% compared to December 2016.

On an annual basis, home sales totalled 2,925 over all of 2017, up 9.2% from 2016. This was the highest annual sales figure ever, surpassing the previous record set a decade ago."

Saint John
: "Residential sales activity reported through the MLS® System of the Saint John Real Estate Board numbered 108 units in December 2017. This was up 17.4% from December 2016 and marked the best month of December for activity in the region since 2006.

On an annual basis, home sales totaled 2,068 units in 2017. This was an increase of 7.9% from 2016, and a nine-year high for annual sales activity."
Ask and you shall receive!

Thanks Knoxford.
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  #567  
Old Posted Jan 22, 2018, 10:44 PM
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Best Cities for Millennial's (according to Canadian Real Estate Magazine)

Quote:
To determine Canada’s up-and-coming millennial hot spots in 2018, we compared 85 of the most populous cities by looking at nine factors, and based on the individual ranking of each factor we measured the cities’ overall attractiveness. Aside from housing affordability, we weighed seven other criteria that we thought are important to millennials: unemployment rate, life satisfaction, low crime rate, healthcare, climate, level of education (the percentage of the population with a bachelor’s degree or above) and the percentage of millennials of the total population.

You may think millennial hot spots such as Vancouver or Toronto took the rest of the competition down. Surprisingly, that’s not the case:
#4 - Halifax
#17 - St. John's
#20 - Fredericton
#23 - Moncton
#26 - Charlottetown
#40 - Saint John
#75 - Sydney

So, five of the seven Atlantic cities on the list ended up in the top third of the rankings.

And how do the "big three" rank on this list:

#10 - Vancouver
#24 - Toronto
#38 - Montreal.

https://www.point2homes.com/news/can...es-ranked.html
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  #568  
Old Posted Jan 22, 2018, 11:02 PM
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Millennials could enjoy it here. Houses are dang expensive though. Myself and my girlfriend are looking to buy soon, and the realization that our near 6-figure combined income doesn't get us much is a little sobering.

Being taxed to death on everything under the sun doesn't really help either.
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  #569  
Old Posted Jan 22, 2018, 11:05 PM
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Quote:
Originally Posted by Marty_Mcfly View Post
Being taxed to death on everything under the sun doesn't really help either.
This is a pretty important point.

These sorts of rankings are always going to be taken with a grain of salt because some of their ranking categories (unemployment) can either be unrepresentative of the actual city or fluctuate over months or years. I agree Ottawa feels like it should be number 5 but a big part of that is the sheer number of students in the general city. It helps being a millennial in a city when there are lots of other millennials, too.

Part of what I hate about going home (Saint John) for Christmas is that I can go out in public and see very few young people/people under thirty. Depending on where you go you can feel like you stick out like a sore thumb at times. It's much different from a city like Ottawa or Halifax. Maritime demographics (outside of Halifax and maybe Moncton/Fredericton) aren't favourable towards large groups of millennials. Things are changing slowly, like the fact that the more urban an area the easier it is for millennials to live and work in them, but these things take time.
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  #570  
Old Posted Jan 22, 2018, 11:23 PM
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Good points.

This survey did take into account the number of millennials living in each community. FWIW, the median age of citizens in Moncton is actually less than the national average. I'm sure this isn't the case in some other Atlantic cities.

EDIT - I just checked on the StatsCan website and Moncton's median age is slightly higher than the Canadian average.

Here are the results from the 2016 census:

St. John's - 40.3 yrs
Fredericton - 40.9 yrs
Halifax - 41.0 yrs
Canada - 41.2 yrs
Charlottetown - 42.0 yrs
Moncton - 42.1 yrs
Saint John - 43.8 yrs
Sydney - 48.9 yrs

I think it's pretty obvious that the presence of large provincial universities in provincial capital cities can have a large influence on metropolitan median age.
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Last edited by MonctonRad; Jan 23, 2018 at 1:48 AM.
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  #571  
Old Posted Jan 22, 2018, 11:39 PM
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Quote:
Originally Posted by MonctonRad View Post
FWIW, the median age of citizens in Moncton is actually less than the national average. I'm sure this isn't the case in some other Atlantic cities.
Sure, but here's an example of that:

Median Age, Census Subdivision, 2016:

Canada: 41.2

Dieppe: 39.1
Moncton (City): 41.4
Rivierview: 43.7

Petitcodiac: 44.2
Memramcook: 46.4
Beaubassin-Est: 49.6
Saint Mary: 50.8
Shediac: 51.4
Bouctouche: 51.5

http://www12.statcan.gc.ca/census-re...e2=&GEOCODE=13

Median age in the City proper is much different than the outlying communities. This is why there's often a lot more to Provincial statistics than just the surface. Plenty of areas in NB are growing and doing extraordinarily well but you need to weed through the details to get to that, and median age is just one of those indicators.
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  #572  
Old Posted Jan 22, 2018, 11:56 PM
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Again good points. If we looked only at the Moncton/Riverview/Dieppe POPCTR (excluding the rural portions of the CMA), the median age of the population of the greater Moncton conurbation would be almost identical to Halifax and the Canadian average.
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  #573  
Old Posted Jan 23, 2018, 2:27 PM
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  #574  
Old Posted Jan 29, 2018, 4:27 PM
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StatsCan study linking Employment opportunity to Population growth in NB. No surprise in that Moncton and Freddy are the only positive areas of the province

http://www.cbc.ca/news/canada/new-br...owth-1.4507963
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  #575  
Old Posted Feb 13, 2018, 4:25 PM
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The 2017 CMA population estimates are now out:

HALIFAX - 431,701 (410, 075 in 2013, +21,626 in 4 years, 5,406/yr growth rate)
ST. JOHN'S - 219,207 (208,795 in 2013, +10,412 in 4 years, 2,603/yr growth rate)
MONCTON - 152,169 (144,529 in 2013, +7,640 in 4 years, 1,910/yr growth rate)
SAINT JOHN - 128,541 (127,827 in 2013, +714 in 4 years, 178/yr growth rate)

So, Moncton continues to grow at a rate of about 2,000 per year. It would be reasonable to expect the metro population for Moncton to be ~ 158,000 in 2020 and between 175-180,000 by 2030. Halifax by 2020 should be 447,000 by 2020 and about 500,000 by 2030.
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Last edited by MonctonRad; Feb 13, 2018 at 5:23 PM.
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  #576  
Old Posted Feb 13, 2018, 6:21 PM
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Saint John is showing growth!
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  #577  
Old Posted Feb 13, 2018, 6:44 PM
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Can't wait to see Freddy in those numbers. I almost wish Stats Can would make an exception and automatically put (and track) Provincial and even territorial capitals in the CMA rankings. Granted after Freddy breaks through, it'll only be Charlottetown and the territories out in the cold.

As for the growth, great to see SJ growing. Maybe it will mean when Freddy breaks into the CMAs, it won't have as many people as SJ.
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  #578  
Old Posted Feb 13, 2018, 6:52 PM
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Quote:
Originally Posted by MonctonRad View Post

So, Moncton continues to grow at a rate of about 2,000 per year. It would be reasonable to expect the metro population for Moncton to be ~ 158,000 in 2020 and between 175-180,000 by 2030.
By 2030 it's also quite possible that Shediac and the Beaubassin region would be part of the CMA. I think the commuter patterns were close the last census. That's about 18,000 people or so.
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  #579  
Old Posted Feb 13, 2018, 6:53 PM
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Quote:
Originally Posted by MonctonRad View Post
The 2017 CMA population estimates are now out:

HALIFAX - 431,701 (410, 075 in 2013, +21,626 in 4 years, 5,406/yr growth rate)
ST. JOHN'S - 219,207 (208,795 in 2013, +10,412 in 4 years, 2,603/yr growth rate)
MONCTON - 152,169 (144,529 in 2013, +7,640 in 4 years, 1,910/yr growth rate)
SAINT JOHN - 128,541 (127,827 in 2013, +714 in 4 years, 178/yr growth rate)

So, Moncton continues to grow at a rate of about 2,000 per year. It would be reasonable to expect the metro population for Moncton to be ~ 158,000 in 2020 and between 175-180,000 by 2030. Halifax by 2020 should be 447,000 by 2020 and about 500,000 by 2030.
I can agree with that. Unless something big happends that causes the population to sky rocket but I think 2000 per year is good growth for a small city.
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  #580  
Old Posted Feb 13, 2018, 6:56 PM
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Originally Posted by NBNYer View Post
By 2030 it's also quite possible that Shediac and the Beaubassin region would be part of the CMA. I think the commuter patterns were close the last census. That's about 18,000 people or so.

Indeed.

I like to consider Sackville a default component of the Moncton CMA too, but the presence of Mt A in the town really screws up the commuter pattern, and because of this Sackville will likely never be included in the CMA as far as Stats Can is concerned.
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