The Government of Canada and the Province of Saskatchewan, along with the City of Regina and Halifax Holdings Inc., broke ground on a new housing development that will assist Regina families in housing need. The project will consist of two 11-unit apartment buildings located at 1921 and 1945 Halifax Street. More information is available online. … Read more
The average rental apartment vacancy rate in Canada's 35 major centres(1) increased to 2.6 per cent in October 2012, from 2.2 per cent in October 2011, according to the fall Rental Market Survey(2) released by Canada Mortgage and Housing Corporation (CMHC). The results of CMHC's fall survey reveal that, in October 2012, the major centres … Read more
The Government of Canada and the Province of Saskatchewan, along with Silver Sage Holdings Ltd., celebrated the construction progress of a new affordable housing complex in the Coronation Park area of Regina. The new 12-unit housing complex, located close to services and other amenities, will be available to low-income families. Call 403-515-2962.
Housing starts in Canada were trending at 214,680 units in November, 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 standalone monthly SAAR was 196,125 units in November, down from 203,487 in October. The full release is … Read more
On behalf of Human Resources Minister Diane Finley (Haldimand-Norfolk, Ont.), Conservative MP Dave Van Kesteren (Chatham-Kent-Essex, Ont.), along with provincial and municipal government representatives, announced the official opening of 24 new affordable rental housing units for seniors living on low income and people with disabilities in Chatham. The project received $2.88 million in funding from … Read more
Canada Mortgage and Housing Corporation (CMHC) released its results for the third quarter of 2012. For the nine months ended 30 Sept. 2012, the corporation's net income (after taxes) was $1.16 billion, which is consistent with the net income recognized during the same period in 2011. Over the last decade, CMHC has contributed more than … Read more
Canada Mortgage and Housing Corporation will release its 2012 Third Quarter Financial Report on Nov. 29 at 9:15 am EST. The quarterly financial report includes unaudited quarterly consolidated financial statements and explanatory notes for the fiscal quarter and year-to-date and comparative information for the preceding fiscal year while also reporting on the use of appropriations. The … Read more
Canada Mortgage and Housing Corporation presented its annual Housing Outlook Conference to about 500 industry professionals. Under the theme "Trends, transitions and new realities," the speakers addressed the state of the real estate market across the province and in the Quebec census metropolitan area and also provided an overview of what will shape tomorrow's market. … Read more
The governments of Canada and Newfoundland and Labrador and the Robert's Arm Interfaith Seniors Manor celebrated the official opening of four new two-bedroom supportive living units. The non-profit seniors' home, which has been operating in Robert's Arm, Notre Dame Bay for 25 years, has expanded for the second time to help individuals who require support … Read more
A federal and provincial investment of $7.6 million into the Provincial Home Repair Program has made it possible for more than 2,000 low-income homeowners to renovate and repair their homes this past year. This investment has also helped to stimulate the economy and create jobs in Newfoundland and Labrador. The full release is available online. … Read more
