Press Release Department: Federal - Canada Mortgage and Housing Corporation

The governments of Canada and Ontario have partnered to help fund affordable rental housing for residents in Hamilton. Liberal MP Bob Bratina (Hamilton East–Stoney Creek, Ont.) and Ted McMeekin, MPP for Ancaster-Dundas-Flamborough-Westdale, announced $6.3 million in combined federal and provincial funding through the Canada-Ontario Investment in Affordable Housing agreement towards a 45-unit housing facility for individuals, including those living with mental … Read more

Canada Mortgage and Housing Corporation’s stress testing of its own capital levels confirms its ability to weather severe but extremely unlikely scenarios, according to 2017 results. It is important to note that none of the scenarios tested are a prediction or a forecast. In 2017, we tested our mortgage loan insurance and securitization businesses against several extreme … Read more

Public Safety Minister Ralph Goodale (Regina-Wascana, Sask.) and Paul Merriman, Minister of Social Services and Minister Responsible for the Saskatchewan Housing Corporation, announced that the Government of Canada and the Province of Saskatchewan are investing $8.67 million towards affordable housing solutions. This funding will help create over 100 affordable housing units, through 12 new projects in five communities. The full … Read more

Treasury Board President Scott Brison (Kings-Hants, N.S.) and Kelly Regan, Minister of Community Services and Minister responsible for Housing Nova Scotia, announced that the Chrysalis House will receive more than $1 million towards the construction of a new facility for women and children fleeing domestic violence in Kings, Annapolis and Hants counties. The full release is available online. Call 819-654-5546. … Read more

The trend in housing starts was 214,821 units in September 2017, compared to 220,573 units in August 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. “Housing starts are trending lower in September after increasing for eight consecutive … Read more

Families, Children and Social Development Minister Jean-Yves Duclos (Québec, Que.) hosted a National Housing Strategy Expert Roundtable in Ottawa. The meeting, which included housing experts and some stakeholders from across Canada, as well as the United States and Europe, was held to review and test key public and social policy elements related to the National Housing Strategy, and … Read more

The Government of Canada and the Province of Saskatchewan, along with Moose Jaw Non-Profit Housing Corporation officially opened Wakamow Place II, a new 12-unit affordable rental housing project for individuals with complex needs. Public Safety Minister Ralph Goodale (Regina-Wascana, Sask.), Greg Lawrence, MLA for Moose Jaw Wakamow, and Fraser Tolmie, Mayor of the City of Moose Jaw, … Read more

The Student Challenge for Affordable Rental Housing, which is part of the federal government’s Affordable Rental Innovation Fund, has been officially launched. The challenge is seeking students who have a new and fresh approach to creating affordable rental housing. Cash prizes of $10 000 will be awarded to winning submissions. The full release is available online. Call 819-654-5546. Habitations de … Read more

The official opening of Havre du Petit Village took in Repentigny. The four-storey building will provide 100 affordable housing units for semi-independent seniors. The development of this project, which required investments of over $18.5 million, is an initiative of the Coopérative de solidarité Havre du Petit Village. The official opening of the new building was underscored by Families, … Read more

The trend in housing starts was 219,447 units in August 2017, compared to 217,339 units in July 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. “Canada’s trend in housing starts was above the 200,000 unit mark for … Read more