The governments of Canada and Ontario are proud to partner to fund affordable rental housing for Indigenous residents in the northeastern Ontario Township of Val Rita-Harty. The development on De L’Église Avenue in Val Rita, spearheaded by Ontario Aboriginal Housing Services, will provide 10 new units of affordable rental housing. Families, Children and Social Development Minister Jean-Yves … Read more
Canada Mortgage and Housing Corporation released its 2017 second quarter financial report, as well as supplemental data on its Mortgage Loan Insurance, Securitization, and Covered Bonds business activities. The full release is available online. Call 613-748-2734.
The governments of Canada and Quebec marked the start of construction on a 49 housing unit for semi-independent seniors in Gatineau, Que., which is estimated to cost nearly $12 million. This project received more than $3.7 million in funding from the governments of Canada and Quebec under the Investment in Affordable Housing Agreement. The announcement was made by Liberal MP … Read more
The Government of Canada and the Province of Saskatchewan, along with the City of Regina and Gabriel Housing Corporation (Gabriel), officially broke ground for a new 12-unit rental housing project for single parents who require supports in order to secure and maintain housing. Public Safety Minister Ralph Goodale (Regina-Wascana, Sask.), along with MLA Muhammad Fiaz, and … Read more
Minister of Public Services and Procurement Judy Foote (Bonavista–Burin–Trinity, NL), along with Colin Holloway, MHA for Terra Nova, announced that an official groundbreaking was held for a new affordable housing complex coming to 92-94 Moores Rd. in rural Newfoundland. The development will consist of 10 two-bedroom units designed to accommodate persons with complex needs. The full release is available online. Call 819-654-5546. The … Read more
The Government of Canada and Alberta are investing $1.6 million in three women’s shelters in north-central Alberta, for maintenance, repairs and new construction of shelters and transitional housing to support women and children fleeing family violence. The full release is available online. Call 780-918-1616.
The trend in housing starts was 217,550 units in July 2017, compared to 215,175 units in June 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. “In July, Canada’s pace in housing construction ramped up for a seventh consecutive month,” said … Read more
The trend in housing starts was 215,459 units in June 2017, compared to 214,570 units in May 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 trend in housing starts for Canada reached its highest level in … Read more
The Governments of Canada and Newfoundland and Labrador will invest an additional $1.5 million in the Centre of Hope project, which will create 20 units of affordable housing, providing safe and stable housing to those who need it most. Liberal MP Seamus O’Regan (St. John’s South–Mount Pearl, Nfld.) and Dwight Ball, Premier of Newfoundland and Labrador, made … Read more
As part of its first quarter financial report, Canada Mortgage and Housing Corporation announced the implementation of a dividend framework. At the same time, CMHC announced its intention to declare a special dividend during the year. CMHC is declaring a special dividend of $4 billion. The one-time action will align CMHC’s actual capital with its capital … Read more
