Representatives from the Governments of Canada and Quebec and the City of Granby were gathered to celebrate the completion of the renovations at La Villa Saint-Francois, a low-cost rental housing project built in the 1970s that required investments of more than $3.4 million over the last two years. The financial assistance provided through the replacement, … Read more
The Government of Canada and the Province of Saskatchewan, along with the Northern Village of Ile-a-la-Crosse and SDC Construction Ltd., marked the start of construction for five single family homes in Ile-a-la-Crosse. These homes will benefit families living on low- to moderate-income by providing new affordable rental housing and accessibility. The total project cost for … Read more
The Government of Canada and the Province of Saskatchewan, along with the Northern Village of La Loche, celebrated the official opening for a project that consists of two semi-detached homes for single-parent families. The homes are being built by Methy Construction and Maintenance Corporation, a subsidiary of Methy Housing Corporation in La Loche. The Government … Read more
The Government of Canada and the Province of Saskatchewan, along with Deveraux Developments, celebrated the completion of a new rental project in Regina. These units will benefit individuals living on moderate-income by providing quality housing and accessibility. Deveraux Heights consists of 160 units in three separate buildings. Saskatchewan Housing Corporation has provided $1.2 million from … Read more
The trend measure of housing starts in Canada was 189,837 units in August compared to 189,596 in July, according to Canada Mortgage and Housing Corporation (CMHC). The trend is a six-month moving average of the monthly seasonally adjusted annual rates (SAAR)1of housing starts. “The currently elevated level of inventory of newly completed and unoccupied condominiums, … Read more
The Government of Canada and the Province of Saskatchewan, along with Saskatchewan Elks Foundation, celebrated the completion of the project to rehabilitate 20 rental units in Moose Jaw. These units received significant electrical repairs, resulting in safe and affordable housing for seniors with moderate-income. The total cost of renovations to 20 one-bedroom suites in 10 … Read more
Canada Mortgage and Housing Corporation (CMHC) reported that net income for the six month period ended June 30, 2014 was $841 million, up 2.1 per cent ($17 million) from the same period last year. The increase is mainly attributable to higher earnings from investments and lower insurance claims losses, both a result of improved economic … Read more
Together, the Governments of Canada and Saskatchewan announced an additional combined investment of some $92 million over five years, to help more individuals and families in need access affordable housing. The funding will be delivered through an extension to the Investment in Affordable Housing (IAH) agreement. The full release is available online. Call 613-748-2799.
According to the latest forecasts conducted by Canada Mortgage and Housing Corporation (CMHC), Quebec housing starts will amount to 38,400 units in 2014 and 38,700 units in 2015. Starts of single-detached homes will decline to the 12,000 level in 2014. As the resale market begins to tighten, demand for new single-detached homes will increase, and … Read more
The trend measure of housing starts in Canada reached 189,784 units in July compared to 185,952 in June, according to Canada Mortgage and Housing Corporation. The trend is a six-month moving average of the monthly seasonally adjusted annual rates of housing starts. “The trend in construction has increased modestly in recent months due to in large part … Read more
