Housing starts in the province of Quebec were trending at 31,061 units in May compared to 32,619 in April, according to Canada Mortgage and Housing Corporation. The trend is a six month moving average of the monthly seasonally adjusted annual rates (SAAR)1 of housing starts. Call 514-283-4488. Housing starts in the Vancouver Census Metropolitan Area … Read more
The Board of Directors of Canada Mortgage and Housing Corporation (CMHC), announced the designation of Douglas A. Stewart as interim president and CEO effective June 17, 2013. The designation of an interim president ensures the continuity of CMHC's operations while the government undertakes its search for the next president and CEO. The full release is … Read more
Renovations are finished on a 17-unit apartment block for individuals in housing need. Located at 345 River Street West in Prince Albert, Sask., the building consists of six one-bedroom and 11 two-bedroom units. Conservative MP Randy Hoback (Prince Albert, Sask.), on behalf of Human Resources Minister Diane Finley (Haldimand-Norfolk, Ont.), made the announcement. The Government of Canada, … Read more
Canada Mortgage and Housing Corporation (CMHC) released its results for the first quarter of 2013. At the end of the first quarter of 2013, CMHC's total insurance-in-force was $562.6 billion; $3.5 billion lower than the insurance-in-force at year end 2012. CMHC expects mortgage repayments to continue in the range of approximately $60 to $65 billion … Read more
The Governments of Canada and Newfoundland and Labrador celebrated the official opening of the Mokami Status of Women Council Centre; a multifunctional centre for women in Happy Valley-Goose Bay. National Defence Minister Peter MacKay (Central Nova, N.S.), on behalf of Human Resources Minister Diane Finley (Haldimand-Norfolk, Ont.); along with Paul Davis, Minister Responsible for Newfoundland … Read more
As a result of the combined efforts of the governments of Canada and Quebec and their local partners, families and individuals on Iles-de-la-Madeleine now have access to 12 affordable housing units. L'Habitation Arc-en-ciel, which required an investment of more than $1.9 million, was inaugurated by Industry Minister Christian Paradis (Megantic-L'Erable, Que.), on behalf of Minister … Read more
The Government of Canada and the Province of Saskatchewan, along with the City of Regina and the Ranch Ehrlo Society, marked the start of construction of a new housing development that will assist Regina youth in housing need. The project will consist of eight bachelor style apartment units located at 1747 Montreal Street in the … Read more
The Government of Canada, the Government of Ontario, and the City of Toronto celebrated the official opening of Birchmount Woods, a 152-unit affordable housing rental project for low-income families and persons with special needs. Birchmount Woods is supported by more than $10.6 million in funding through the Canada-Ontario Affordable Housing Program. The construction of this … Read more
Housing starts in Canada were trending at 182,754 units in April 2013 compared to 188,369 in March 2013, according to Canada Mortgage and Housing Corporation. The trend is a six-month moving average of the monthly seasonally adjusted annual rates (SAAR)(1) of housing starts. The full release is available online. Call 613-748-2799. Housing starts in New … Read more
Canada Mortgage and Housing Corporation released its 2012 Annual Report, highlighting the corporation's role in contributing to a stable housing finance system and in promoting an efficient housing market. The full report is available online. Call 613-748-2799.
