Manitoba’s housing market will be discussed at Canada Mortgage and Housing Corporation’s (CMHC) annual Manitoba Housing Outlook Conference. The event, held at the Delta Hotel in Winnipeg, attracts more than 250 housing industry representatives to hear CMHC experts present on economic, demographic, and other factors impacting Manitoba’s major housing markets. Manitoba’s net migration is expected … Read more
As a result of the combined efforts of the governments of Canada and Quebec, the City of Quebec and their local partners, semi-independent seniors now have access to 46 affordable housing units adapted to their needs. The second phase of the Cooperative de solidarite en habitation de l’ARC, the construction of which required a total … Read more
Saskatchewan’s housing market will be discussed at Canada Mortgage and Housing Corporation’s (CMHC) annual Saskatchewan Housing Outlook Conference. This sold out event, held at the Hilton Garden Inn, attracts over 250 housing industry representatives to hear CMHC experts present on economic, demographic, and other factors impacting Saskatchewan’s major housing markets. After declining to 4,184 units in 2013, … Read more
Housing starts in Canada were trending at 191,456 units in January compared to 194,518 in December, according to Canada Mortgage and Housing Corporation (CMHC). The trend is a six-month moving average of the monthly seasonally adjusted annual rates of housing starts. The full release is available online. Call 613-748-2799. Housing starts in Quebec’s urban centres … Read more
Canada Mortgage and Housing Corporation (CMHC) expects the number of housing starts to stabilize in 2014 and 2015. Support from improved economic and demographic fundamentals will be tempered by a combination of a modest and gradual increase in mortgage rates and a slowdown in demand from first-time buyers, according to CMHC’s first quarter 2014 Housing … Read more
Minister of Employment and Social Development Jason Kenney (Calgary Southeast, Alta.) announced the appointments of Sandra Hanington, Louise Poirier-Landry and Bruce Shirreff to the CMHC Board each for a term of four years. Kenney also announced the re-appointment of Brian Johnston and Andre Plourde for a term of three years. Call 819-994-2482.
The governments of Canada and Ontario celebrated the official opening of 35 David Street in Kitchener, Ont. The construction of this new rental housing property has helped stimulate the economy and create approximately 95 jobs in Ontario and will help meet the housing needs of low-income individuals and persons with disabilities in Kitchener. The $2.4 … Read more
Moderate-or low-income families in Saint-Jean-sur-Richelieu, Que., will soon have access to 12 affordable housing units thanks to the construction of Les Habitations Mercier complex. This project, which was recently started, will result from an investment of more than $2.4 million by the government of Canada, the government of Quebec, and community partners. The full release is … Read more
Housing starts in Canada were trending at 195,760 units in December compared to 196,430 in November, according to Canada Mortgage and Housing Corporation (CMHC). The trend is a six-month moving average of the monthly seasonally adjusted annual rates of housing starts. The full release is available online. Call 613-748-2799. Housing starts in Quebec’s urban centres … Read more
Minister of Employment and Social Development Jason Kenney (Calgary Southeast, Alta.) announced the appointment of Evan Siddall as president and chief executive officer of CMHC for a 5-year term effective Jan. 1, 2014. Siddall was most recently special advisor to the Governor of the Bank of Canada where he acted as senior representative, Toronto Regional … Read more
