15 Mar 2024
Page 1
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Newspaper
Chronicle Journal
Location
Thunder Bay, Ontario, Canada
Date
Mar 15, 2024
Page
1
ABC report cites economist Carrie Freestone showing renters’ net wealth growing 3 to 3.5 times disposable income since 2010 while homeowners rise 9 to 13 times. Renters now spend 29 percent of take-home pay on housing versus 21 percent for owners, signaling growing inequality.
Canada's airline market faces consolidation as Swoop and Lynx Air disappear and WestJet absorbs Sunwing. The Competition Bureau says 37 percent of direct sun destination seats and 72 percent from Western Canada vanished with reduced rivalry likely to raise prices, especially in smaller markets.
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