On behalf of Families, Children and Social Development Minister Jean-Yves Duclos (Québec, Que.), Liberal MP Sean Fraser (Central Nova, N.S.) along with Joanne Bernard, Nova Scotia Minister of Community Services and Randy Delorey, Nova Scotia Minister of Finance and Treasury Board, announced that the Governments of Canada and Nova Scotia are investing $100,000 in the … Read more
On behalf of Families, Children and Social Development Minister Jean-Yves Duclos (Québec, Que.), Public Safety Minister Ralph Goodale (Regina-Wascana, Sask.), along with Saskatchewan MLA Muhammad Fiaz, Regina Mayor Michael Fougere and Doug Moran, Chief Executive Officer of Gabriel Housing Corporation, announced the official opening of six new rental units in Regina, Sask. for families with complex needs. The full … Read more
Evidence of problematic conditions in Canada’s housing market as a whole has increased from weak to moderate since the last report, according to the latest Housing Market Assessment released by the Canada Mortgage and Housing Corporation. “For Canada overall, we now detect strong evidence of overvaluation,” said Bob Dugan, CMHC Chief Economist. As a result, our overall assessment … Read more
The Government of Canada and the Province of Saskatchewan, along with the Moose Jaw Non-Profit Housing Corporation, officially broke ground for the construction of Wakamow Place, a 12-unit affordable rental housing project for individuals with complex needs. Families, Children and Social Development Minister Jean-Yves Duclos (Québec, Que.) and Saskatchewan MLA Greg Lawrence made the announcement … Read more
The majority of builders begin construction once they have achieved more than 70 per cent in sales, mitigating risks associated with speculative building, according to the Toronto Housing Market Insight Report released by Canada Mortgage and Housing Corporation (CMHC). The full report is available online.
Families, Children and Social Development Minister Jean-Yves Duclos (Québec, Que.) and Stacey Hassard, Minister of Yukon Housing Corporation, announced measures to give Canadians greater access to more affordable housing, including the doubling of current funding under the Investment in Affordable Housing initiative, addressing high housing needs in the North, supporting affordable housing for seniors, building and … Read more
Canada Mortgage and Housing Corporation released its latest Housing Market Insight report on foreign investment in the Montréal census metropolitan area. Using land register and property assessment roll data as well as drawing from the results of its previously released survey of foreign ownership in condominiums, CMHC reports relatively low levels of foreign investment in … Read more
The trend measure of housing starts in Canada was 197,918 units in June compared to 190,302 in May, according to Canada Mortgage and Housing Corporation (CMHC). The trend is a six-month moving average of the monthly seasonally adjusted annual rates (SAAR) of housing starts. The full release is available online. The governments of Canada and Quebec … Read more
Families, Children and Social Development Minister Jean-Yves Duclos (Québec, Que.) and Lori Sigurdson, Alberta Minister of Seniors and Housing, announced that a 40-unit lodge will be built on the site of the existing Macleod Pioneer Lodge and will help to better accommodate the needs of residents of Fort MacLeod, Alta. The Governments of Canada and Alberta contributed some … Read more
Families, Children and Social Development Minister Jean-Yves Duclos (Québec, Que.) along with Lori Sigurdson, Alberta Minister of Seniors and Housing, celebrated the grand opening of a new, 40-unit addition to the Rosealta Lodge in Camrose, Alta. The Governments of Canada and Alberta contributed more than $9.6 million to the project though the Investment in Affordable Housing Agreement. The … Read more
