'I will never own a home': Moncton artist highlights barriers to housing
Moncton artist Natt Cann would like to own a home, but at the age of 35, he's come to the conclusion that will probably never happen.
His latest work, a series of nearly 300 prints of beautiful doors, was inspired by that realization. Cann was walking in downtown Fredericton one day, and noticed "pretty doors everywhere."
His next thought was, "I'll never afford any of this."
The doors may be beautiful, but for Cann, they symbolize more.
"The door is sort of like a barrier," he said. "You're not coming in."
Not all of the doors Cann prints are picture-perfect. Some are boarded up or have eviction notices on them.
"I want people to understand that beneath this collection of doors, there's ... a whole lot of anger and annoyance."
WATCH
| 'My frustration with the Canadian housing markets':
He calls his exhibit, Knock Knock! - I will never own a home, and describes it as his "frustration with the Canadian housing markets and predatory investment."
"It's mostly born from just being priced out of houses and priced out of basically everything — and I was like, 'Well at least I can own a door.'"
According to the Bank of Canada, the average price of a home in the province rose from just under $180,000 in 2019 to $297,520 in 2023, driven in part by record international and interprovincial migration after the pandemic.
There has also been an increase in the number of homes purchased by investors, and a decline in first-time buyers. Investor purchases climbed from 20 per cent of all mortgaged homes in Canada in 2014, to 30 per cent in the first quarter of 2023.
Cann wonders why government policy doesn't prevent investment firms from buying housing.
"Why is that allowed to exist in Canada?" he said. "A group of people can put their money together and buy a home as an investment and not as a thing of shelter…it prices out individuals from having shelter in this day and age."
According to Statistics Canada, more than one in five Canadian households live in unaffordable housing — meaning they spend more than 30 per cent of their income on housing.
One-of-a-kind prints
Cann grew up drawing on his bedroom walls, but now he uses more sophisticated techniques in his studio to create his art.
His collection of prints starts with taking pictures of the doors and includes doors from Fredericton, Saint John and Charlottetown.
Once he has the pictures, he digitally crops out the house.
"Then they get printed on a laser printer with a very specific toner and a very specific additive in that toner," Cann said. "Then you can use adhesive remover to transfer them onto a different piece of paper with some pretty aggressive application."
"The prints are one-of-a-kind and that texture that he gets is unique," said Kathryn Basham, who owns the Bright & Brine Fine Art Gallery.
She recently displayed Cann's exhibit in her Moncton gallery for three months, and is now working with him to get the prints made into a book.
"It'll be a conversation about not just his process, but his original idea behind the series," Basham said.
On the exhibit's opening night, Basham said about 50 to 60 people attended.
"The messaging behind Knock Knock! is extremely important," Basham said. "We are losing this housing here locally and we are losing a lot of what, not just architecturally we've had, but the opportunities for housing."
The project started in spring of 2023, but Cann is still adding doors to his collection.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
an hour ago
- Yahoo
Quarterhill (TSE:QTRH) investors are sitting on a loss of 29% if they invested five years ago
In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market index fund. But even the best stock picker will only win with some selections. So we wouldn't blame long term Quarterhill Inc. (TSE:QTRH) shareholders for doubting their decision to hold, with the stock down 33% over a half decade. And it's not just long term holders hurting, because the stock is down 22% in the last year. It's worthwhile assessing if the company's economics have been moving in lockstep with these underwhelming shareholder returns, or if there is some disparity between the two. So let's do just that. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Because Quarterhill made a loss in the last twelve months, we think the market is probably more focussed on revenue and revenue growth, at least for now. Generally speaking, companies without profits are expected to grow revenue every year, and at a good clip. As you can imagine, fast revenue growth, when maintained, often leads to fast profit growth. Over five years, Quarterhill grew its revenue at 9.7% per year. That's a pretty good rate for a long time period. Shareholders have seen the share price fall at 6% per year, for five years: a poor performance. Clearly, the expectations from back then have not been satisfied. There is always a big risk of losing money yourself when you buy shares in a company that loses money. You can see how earnings and revenue have changed over time in the image below (click on the chart to see the exact values). We like that insiders have been buying shares in the last twelve months. Even so, future earnings will be far more important to whether current shareholders make money. If you are thinking of buying or selling Quarterhill stock, you should check out this free report showing analyst profit forecasts. It's important to keep in mind that we've been talking about the share price returns, which don't include dividends, while the total shareholder return does. In some ways, TSR is a better measure of how well an investment has performed. Over the last 5 years, Quarterhill generated a TSR of -29%, which is, of course, better than the share price return. Although the company had to cut dividends, it has paid cash to shareholders in the past. While the broader market gained around 23% in the last year, Quarterhill shareholders lost 22%. However, keep in mind that even the best stocks will sometimes underperform the market over a twelve month period. Regrettably, last year's performance caps off a bad run, with the shareholders facing a total loss of 5% per year over five years. Generally speaking long term share price weakness can be a bad sign, though contrarian investors might want to research the stock in hope of a turnaround. It's always interesting to track share price performance over the longer term. But to understand Quarterhill better, we need to consider many other factors. Take risks, for example - Quarterhill has 1 warning sign we think you should be aware of. Quarterhill is not the only stock insiders are buying. So take a peek at this free list of small cap companies at attractive valuations which insiders have been buying. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Canadian exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Yahoo
CPKC to remedy service disruptions impacting dwell times, switches
This story was originally published on Supply Chain Dive. To receive daily news and insights, subscribe to our free daily Supply Chain Dive newsletter. Canadian Pacific Kansas City will update its inventory data and restore network fluidity as part of its plan to remedy service disruptions in the southern region of CPKC's network, per a June 20 report to the Surface Transportation Board. The railroad carrier has been facing technology changeover-related issues since the consolidation of CPKC's U.S. information technology systems on May 3, according to the report. Canadian Pacific merged with Kansas City Southern in 2023, creating a railway that connects the U.S. with Mexico and Canada. As part of the merger terms outlined in 2023, CPKC was to expand its network capacity and integrate its IT systems. In a June 17 letter addressed to CPKC, the board noted that its oversight data showed higher terminal dwell times at rail yards, slower average velocity and lower on-time performance as a result of the issues. STB further noted that customers were reporting elevated delays, missed switches and congestion issues. CPKC said it has been tackling problem areas since the date of the switchover to restore service levels. Data quality was a key issue for CPKC, driven by a difficulty to maintain accurate car inventories and up-to-date locations on railcars, per the document. Interchange data for some connecting carriers also experienced difficulties for cars being delivered to the railroad at legacy-KCS locations, since the processing required an extensive data rework. The data gaps meant that the necessary work orders could not be created until the data was re-worked manually. The issues then prompted congestion challenges at customer facilities and classification yards across the legacy-KCS network as railcards could not be properly processed. In turn, congestion was reflected in higher yard inventories, increased dwell times, lower train speeds and a surge in locomotive and crew resources to help keep traffic moving. Early instances of delays and congestion prompted a feedback loop, further exacerbating the situation. CPKC noted in the document that yard congestion made it more challenging to locate individual railcars routed for customer facilities, for instance. Service restoration efforts will fall into two broad categories, much of which has already been implemented, the railroad told the STB. First, CPKC will update inventory data so operating personnel and customers can generate waybills, which serve as a record of shipment origin, destination and other details. The railroad will also focus on restoring network fluidity after data gaps spurred during the IT system change compromised operations. To address data quality issues, CPKC has deployed cross-function 'SWAT-like' support teams composed of operations, IT, network support and marketing and sales experts. The teams were sent to several locations across the network facing issues, and worked with partners to improve the quality of submitted data for cars delivered to the legacy network by: Restoring missing car inventory data through field assessments of cards in yards and customer facilities across the legacy-KCS network. Assisting customers with re-billing railcars using correct fields and input data. Educating local operating personnel on how to properly use CPKC's IT systems and tablet interfaces to build and complete work orders and assignments. In terms of network fluidity, CPKC has: Routed railcars to bypass its Shreveport Yard in Louisiana, enabling Shreveport to focus on processing the backlog on the legacy-KCS network. Enabled personnel to use CPKC's legacy-CP portion of the network to help organize the delivery and pick up railcars at customer facilities. Embargoed railcars routed for customer facilities where the inventory of railcars precluded the receipt of additional cars. As of June 20, CPKC teams are focused on operations in the Artesia, Mississippi, area, where improvement is lagging, per the report. CPKC is also updating track identifications in complex terminal areas, including tracks initially used by customers for storage that were not properly marked in KCS's legacy management control system. Although CPKC stated that it is 'too early to offer firm predictions' regarding a full return to service, the carrier said operations should be fixed by mid-July. CPKC also reported that overall service levels have shown signs of improvement after efforts taken to stabilize operations since the transition. In addition to its monthly service metric reports, CPKC will submit a weekly report that logs recovery efforts and performance data to the Surface Transportation Board for as long as the service issues persist, per the statement. Recommended Reading Canadian Pacific, Kansas City Southern combine into CPKC
Yahoo
an hour ago
- Yahoo
OFA Group signs LOI to acquire controlling stake in Aspire Homes, RateDNA
OFA Group (OFAL) announced it has signed a Letter of Intent, LOI, to acquire a 60% controlling interest in Aspire Homes Realty and its affiliated lending platform, RateDNA. Aspire Homes offers brokerage services enhanced by investment-focused agent training and in-house staging, design, and construction. RateDNA complements this with mortgage products tailored to the investor market, including DSCR and non-QM loans, supported by proprietary tools such as the SFR Analytics platform. Thomas Gaffney OFA Group COO commented, 'We believe this proposed transaction represents a compelling opportunity to expand OFA's presence in two resilient, cash-generating verticals, real estate services and specialty lending. The team we expect to integrate brings deep transactional expertise, dual-licensing capabilities, and a performance-driven culture. We see meaningful potential to leverage this operational talent to accelerate revenue, enhance cross-platform synergies, and advance long-term shareholder value creation.' Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on OFAL: Disclaimer & DisclosureReport an Issue OFA Group announces AI platform development, strategic expansion Opening Day: Chime jumps on first trading day OFA Group Completes Over-Allotment Option Post-IPO Ofa Group trading resumes Ofa Group trading halted, volatility trading pause Erreur lors de la récupération des données Connectez-vous pour accéder à votre portefeuille Erreur lors de la récupération des données Erreur lors de la récupération des données Erreur lors de la récupération des données Erreur lors de la récupération des données