Of the year - over-year improvement, budgetary revenues were up by $ 11.4 billion, primarily
due to higher personal and corporate income tax revenues, while program expenses were up by $ 0.4 billion, as lower
other transfer payments and employment insurance benefits were more
than offset by higher transfers to
provinces / territories, elderly benefits and
other direct program expenses.
Over the last 20 years, average annual price gains in these cities have been flat, but the report says the «stars are aligned» for these cities to experience above - average price gains in large part
due to favourable economic prospects, stronger projected population growth and younger population
than many
other provinces.