On behalf of Minister of State (Social Development) Candice Bergen (Portage-Lisgar, Man.), Minister of Infrastructure, Communities and Intergovernmental Affairs and Minister of the Economic Development Agency of Canada for the Regions of Quebec Denis Lebel (Roberval-Lac-Saint-Jean, Que.) announced that as a result of the joint investments of the governments of Canada and Quebec and their local … Read more
Canada Mortgage and Housing Corporation (CMHC) released the 2013 Canadian Housing Observer, its detailed annual review on the state of housing in Canada. “The Observer is unrivalled in its detailed analysis of housing conditions and developments that influence housing finance and housing markets in Canada,” said Douglas A. Stewart, interim president of CMHC. “The Observer … Read more
On behalf of Minister of State (Social Development) Candice Bergen (Portage-Lisgar, Man.), Conservative MP Jim Hillyer (Lethbridge, Alta.) announced more affordable housing options will soon be available for seniors in Milk River, Alta. thanks to an investment from the Governments of Canada and Alberta. Eighteen suites will be added to Prairie Rose Lodge and sixteen of … Read more
A new 92-unit rental housing project in Winnipeg will provide safe, affordable homes for low-income families and seniors. The unique rental housing concept, located at 840 Ravelston Avenue in Transcona, will enable families to support an aging parent or relative in need of care. The full release is available online. Call 819-953-2350. As a result … Read more
On behalf of Minister of State (Social Development) Candice Bergen (Portage-Lisgar, Man.), Conservative MP Leon Benoit (Vegreville-Wainwright, Alta.) announced the Government of Canada and the Government of Alberta are working together to build new affordable housing for seniors in Flagstaff County, Alta. An investment of $5.8 million through the Canada-Alberta Investment in Affordable Housing 2011-2014 supports … Read more
The average vacancy rate in the primary purpose-built rental apartment market in Canada's 35 major centres increased slightly to 2.7 per cent in October 2013, from 2.6 per cent in October 2012, according to the fall Rental Market Survey(2) released by Canada Mortgage and Housing Corporation (CMHC). The full release is available online. Call 613-748-2799. … Read more
Housing starts in Canada were trending at 194,014 units in November compared to 195,274 in October, 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 full release is available online. Call 613-748-2799. Housing starts in British Columbia's urban areas were … Read more
On behalf of Minister of State (Social Development) Candice Bergen (Portage-Lisgar, Man.), Conservative MP Rob Clarke (Desnethe-Missinippi-Churchill River, Sask.) announced construction of a new rental housing project is underway in La Ronge, Sask. thanks to a joint investment from the Governments of Canada and Saskatchewan. This project, developed and operated by the Northern Teacher Education Program Council … Read more
The Canada Mortgage and Housing Corporation (CMHC) released its results for the third quarter of 2013. At the end of the third quarter, CMHC's total insurance-in-force was $560 billion; $6 billion lower than the insurance-in-force at year end 2012. Net Income for the three and nine months ended 30 September 2013 was $452 million and $1,276 … Read more
Through the combined efforts of the Governments of Canada and Saskatchewan, and Cress Housing Corporation, repairs have been completed on three rental properties located at 1705 and 1709 22nd Street West and 1911 7th Street East in Saskatoon. This project will provide 51 units of much needed affordable housing to low-income tenants renting suites in … Read more
