Thr Canada Mortgage and Housing Corporation (CMHC) released its 2019 Annual Report, demonstrating its contributions to the stability of housing markets and the financial system while providing support for Canadians in housing need. CMHC also published business supplements on its Assisted Housing, Mortgage Insurance, Mortgage Funding, and Covered Bonds activities, providing additional depth and insights on each. As … Read more
The Canada Mortgage and Housing Corporation has published its latest Housing Market Insight, which looks at the homebuyers’ perceptions and risk attitudes in Montréal, Toronto and Vancouver and presents the highlights of the 2018 fall Homebuyers’ Motivations survey. The Homebuyers’ Motivations survey is a complementary to traditional economic analysis and the insight report focuses on the subjective factors … Read more
Families, Children and Social Development Minister Jean-Yves Duclos (Québec, Que.) and Parliamentary Secretary to the Minister of Families, Children and Social Development (Housing and Urban Affairs) Adam Vaughan (Spadina-Fort York, Ont.) highlighted the Government of Canada’s investments of more than $5.7 billion in housing since 2016. As a result of these investments, 14,703 new units have been or are being built, … Read more
The low-rental housing stock in the Côte-Nord region has undergone major renovations over the past four years. From 2014 to 2018, over $46 million were invested in the modernization and improvement of some 1,200-units of housing stock. This work was funded in equal part by Canada Mortgage and Housing Corporation and the Société d’habitation du Québec, … Read more
Canada Mortgage and Housing Corporation released its 2017 Annual Report highlighting its contributions to the stability of housing markets and the financial system while also providing support for Canadians in housing need. The full release is available online. Call 613-748-2573. Liberal MP Bob Nault (Kenora, Ont.), on behalf of Families, Children and Social Development Minister Jean-Yves Duclos (Québec, … Read more
Families, Children and Social Development Minister Jean-Yves Duclos (Québec, Que.) announced the launch of the National Housing Co-Investment Fund, a cornerstone initiative of the federal government’s historic NHS. With this $13.2 billion Fund, the federal government will have an active, sustained role in housing and draw upon up to $4.52 billion in contributions and $8.65 billion in low interest loans to … Read more
Families, Children and Social Development Minister Jean-Yves Duclos (Québec, Que.) and Lori Sigurdson, provincial Minister of Alberta Seniors and Housing, announced the official opening of Bow River Seniors Lodge Phase 1, which includes 63 new units. The governments of Canada and Alberta will provide a combined investment of approximately $12 million, under the Investment in Affordable Housing 2014 – 2019 Agreement. … Read more
The Government of Canada and the Province of Saskatchewan are working together to deliver more affordable housing solutions for households in greatest need in four Saskatchewan communities with a combined investment of over $4.4 million. Families, Children and Social Development Minister Jean-Yves Duclos (Québec, Que.), along with Paul Merriman, Minister of Social Services and Minister responsible for … Read more
Families, Children and Social Development Minister Jean-Yves Duclos (Québec, Que.) and Lori Sigurdson, Minister of Alberta Seniors and Housing, announced he grand opening of the new Diamond Willow Lodge for seniors in Magrath. Forty-three new units offer increased flexibility to seniors in the level of care they can access and allow them to remain close to their … Read more
The trend in housing starts was 224,865 units in January 2018, compared to 226,346 units in December 2017, according to Canada Mortgage and Housing Corporation. This trend measure is a six-month moving average of the monthly seasonally adjusted annual rates of housing starts. “The national trend in housing starts held steady for a third consecutive month in … Read more
