Thursday, March 27, 2014
Thursday, March 20, 2014
|Not at all concerned||47%|
|Don't know/no answer||10%|
|Nontechnical attributes (e.g., soft skills)||14%|
|Contacts outside the organization||1%|
|Don't know/no answer||22%|
Wednesday, March 19, 2014
Tuesday, March 11, 2014
Demographic Shift: New survey shows 59 per cent of Ontario homeowners 50-plus are looking to downsize within 5 years
TORONTO, Ontario March 11, 2014 /Canada NewsWire/ - With the kids out of the nest and retirement approaching, Ontario Baby Boomers surveyed are looking to simplify their lives and save costs by downsizing their homes, shows new market research from Harmony Village.
The poll, which interviewed Ontario homeowners 50 years and older, found that 6 in 10 of those surveyed, expect to sell their existing homes and buy or rent smaller living spaces over the next five years. Top reasons for moving from their existing home are reducing maintenance work (81 per cent), lowering the cost of living (80 per cent), moving to a smaller home (62 per cent) and increasing their ability to travel more (60 per cent). Slightly more than half, 54 per cent, plan to use the surplus cash from downsizing to help finance their retirement.
"This approaching wave of downsizing will further boost the condo market, especially for facilities that are offering the upscale comforts and lifestyle communities that Boomers will be demanding," explains Jack Pong, CEO of City Core Developments, the developer behind Harmony Village. "This current survey confirms that this demographic places the highest importance on maintaining an independent lifestyle in an urban setting."
Eighty-eight per cent of the homeowners surveyed own a detached home, 6 per cent a semi-detached, 3 per cent a condo unit and 2 per cent a row or townhouse. Of the 6 in 10 homeowners looking to downsize, 78 per cent say this would be their final home. Half (47 per cent) would consider a condo or apartment unit.
Harmony Village offers a new approach to condo living, one that creates a holistic lifestyle community for residents looking to downsize their real estate needs yet enjoy all the amenities and services needed to fully enjoy life. The "age-in-place" concept provides all the services people need as they move toward retirement, including on-site home healthcare and full meal plans. The first Harmony Village is launching in Toronto on Sheppard Ave, at Warden Ave.
The online survey, conducted from Feb. 21 to Feb. 24, polled 508 randomly selected Ontario adults aged 50 and older who currently own their home, are considering purchasing or renting real estate, and who are Angus Reid Forum panelists. The margin of error—which measures sampling variability—is +/- 4.4 percentage points, 19 times out of 20. The results have been statistically weighted according to age, gender and region. Discrepancies in or between totals are due to rounding.
About Harmony Village Developments:
More than a condo residence: Harmony Village lifestyle communities are tailored to - and designed for - your time of life. A visionary, amenity-rich place, Harmony Village is where fitness and leisure, recreation, health and wellness, green living, and a modern attitude towards aging fuse seamlessly, in a progressively-minded community. For more information, visit www.harmonyvillage.ca.
About City Core Developments:
City Core Developments Inc. and City Core Management Inc. have been in the development and property management business since 1976, with millions of Square Feet of residential and commercial projects developed or under-development ranging from - Single Family Housing, Multi-Family Condominiums, Retail Plazas, Office Complexes, Industrial Parks and Seniors Communities.
TORONTO, Ontario March 11, 2014 /Canada NewsWire/ - As Ontario pushes ahead with pension reform to improve retirement security for its citizens, it should consider a "middle-way" solution between current competing visions for reform, according to a report released today by the C.D. Howe institute. In "Helping Ontarians Save for Retirement: How the Province Could Adapt the Canada Supplementary Pension Plan," author Keith Ambachtsheer recommends an approach that avoids the potential pitfalls of two existing options: an expanded Canada Pension Plan (CPP) on one hand, or reliance on Pooled Registered Pensions Plans (PRPPs), on the other.
General agreement has emerged that Canada has a pension coverage problem, notes the author. Many middle-income workers without a workplace pension plan are likely to face sharp reductions in their standard of living when they retire. Faced by a lack of federal-provincial consensus on how to solve the problem, the Ontario government has announced its intention to develop a made-in-Ontario solution to enhance the retirement income security of its citizens. Other provinces, including PEI and Manitoba, have expressed willingness to take part in the discussions.
After discussing the shortcomings of the two existing solutions to the problem - which the author calls the dueling "Big CPP" and "Little PRPP" options - the report recommends Ontario take a middle way: the Ontario Supplementary Pension Plan (OSPP), based on the author's 2008 proposal for a Canada Supplementary Pension Plan.
Ambachtsheer's proposed OSSP would combine the best elements of traditional defined-contribution and defined-benefit plans; for example, a target pension, clear property rights, no intergenerational wealth shifting, lifetime income, and an opt-out option. The author cites the UK's National Employment Savings Trust (NEST) as a successful model of the "middle way."
For Ontario to adopt this model, several challenges to design and implementation would lie ahead, he says:
Is the province prepared to require employers not already offering a
qualifying pension arrangement to enroll their employees in a
qualifying arrangement, as Quebec has already done?
Is the province prepared to appoint an expert task force charged with
designing and creating a new arms-length pension agency that would
finalize the design of, and administer an OSPP?
- Will it find an acceptable way for commercial vendors to participate in this newly created market for pension services?
The C. D. Howe Institute is an independent not-for-profit research institute whose mission is to raise living standards by fostering economically sound public policies. It is Canada's trusted source of essential policy intelligence, distinguished by research that is nonpartisan, evidence-based and subject to definitive expert review. It is considered by many to be Canada's most influential think tank.
For the report go to: http://www.cdhowe.org/helping-ontarians-save-for-retirement/25084
Saturday, March 1, 2014
GUELPH, Ontario February 28, 2014 - University of Guelph News Release - A new website launched by researchers at the University of Guelph and Western University is intended to prevent domestic homicide through increased awareness and education.
It’s an important step in developing a national prevention strategy, says U of G sociology professor Myrna Dawson, who is heading the initiative with Western professor Peter Jaffe.
“Similar to the rise of domestic violence death reviews, the launch of this website is a clear indicator that these crimes can no longer be explained away as spontaneous crimes of passion but are now more accurately recognized as acts that can often be prevented,” said Dawson, director of Guelph’s Centre for the Study of Social and Legal Responses to Violence and holder of the Canada Research Chair in Public Policy in Criminal Justice.
“It’s the collaborative efforts by multiple groups evident on this website that will continue to improve our prevention initiatives.”
Intimate partner homicide continues to make up the majority of family-related homicides (43 per cent), and women are consistently at greater risk than men of any age group. The crime is often premeditated and usually follows a history of assault and violence, Dawson says.
The Canadian Domestic Homicide Prevention Initiative website was designed for researchers, community organizations and government policy makers. It features research reports, educational materials, learning and training opportunities, annual reports from domestic violence death review committees across Canada and internationally, and other resources associated with domestic homicide prevention.
Dawson and Jaffe belong to the first-ever Canadian domestic violence death review committee, created by the Province of Ontario in 2002. The group has reviewed 164 homicides in the last decade. Similar committees and review processes have been established by New Brunswick, Manitoba, British Columbia and Alberta.
The Ontario committee’s annual report, released earlier this month, reviewed 20 domestic homicides and found an average of 10 identifiable risk factors in these cases.
“The vast majority of these homicides are predictable and preventable based on the number of risk factors known to professionals, friends, family and co-workers in many of these tragedies,” said Dr. William Lucas, deputy chief coroner and committee chair.
Jaffe, an education professor and director of Western’s Centre for Research and Education on Violence Against Women and Children, said the new website will help create a national dialogue and foster more information-sharing and collaboration.
“It will not only enhance research efforts but also will help make better-informed policy and service delivery decisions to help prevent domestic homicides.”
The initiative was funded by the Canadian Women’s Foundation. “We are thrilled to support this important work of bringing together key research and data into one central location to ensure that the best resources are available to those working on the issues of violence against women,” said Anu Dugal, the foundation’s director of violence prevention.
“This important tool will help in the ongoing work of preventing domestic homicide, one of the most predictable and preventable types of homicide. We are saving lives with this work.”