Press Release Department: Federal - Canada Mortgage and Housing Corporation

On behalf of Human Resources Minister Diane Finley (Haldimand-Norfolk, ON), Intergovernmental Affairs Minister Peter Penashue (Labrador, NL) announced a combined investment of nearly $8.5 million in funding to create new affordable housing throughout the province of Newfoundland and Labrador in collaboration with the private sector. This investment supports the development of 207 new affordable homes … Read more

Seniors in Calgary have more affordable housing options thanks to investments of more than $3 million at Glenway Gate through the Government of Canada and the Government of Alberta. The federal and provincial governments are contributing equally to an overall investment of $190 million, over two years, under the amended Canada-Alberta Affordable Housing Program Agreement … Read more

According to the results of the latest monthly survey conducted by Canada Mortgage and Housing Corporation, residential construction increased by 13 per cent this past month in Quebec's centres with 10,000 or more inhabitants. In all, 1,939 dwellings were started in February 2012, compared to 1,717 a year earlier. As well, the seasonally adjusted annual … Read more

The Governments of Canada and Newfoundland and Labrador celebrated the official opening of Marguerite's Place in St. John's. On behalf of Human Resources Minister Diane Finley (Haldimand-Norfolk, ON), Intergovernmental Affairs Minister Peter Penashue (Labrador, NL) said that the new units are safe and affordable, and help to enhance the lives of the members of the … Read more

On behalf of Human Resources Minister Diane Finley (Haldimand-Norfolk, ON), Intergovernmental Affairs Minister Peter Penashue (Labrador, NL) announced $140,000 in funding in support of a recently constructed four-unit affordable housing project in Loon Bay, NL, for seniors, families and persons with disabilities. Penashue said renovation projects are a good way to get the local economy … Read more

Members of the Governments of Canada and Prince Edward Island, along with community partners, attended the grand opening of Celtic Montague. The affordable housing development is a five-unit building for persons with disabilities. The project is supported by $206,000 in funding from the 2009 extension of the Canada – Prince Edward Island Affordable Housing Agreement … Read more

Manitoba's housing market was discussed at the Canada Mortgage and Housing Corporation annual Manitoba Housing Outlook Conference. The event, held at the Delta Hotel in Winnipeg, attracted 200 housing industry representatives to hear corporation experts present on economic, demographic, and other factors impacting Manitoba's major housing markets. Manitoba's housing demand will be fuelled by population … Read more

Saskatchewan's housing market was discussed at the Canada Mortgage and Housing Corporation annual Saskatchewan Housing Outlook Conference. The event attracted over 200 housing industry representatives to hear corporation experts present on economic, demographic, and other factors impacting Saskatchewan's major housing markets. Call 403-703-5167. 

According to Canada Mortgage and Housing Corporation's Atlantic Housing Market Outlook, housing market performance in 2012 will be impacted by the current inventory of apartments under construction. Single starts saw improved performance in the second half of 2011, as a result of historically low interest rates, but weak employment and wage growth are expected to … Read more

The federal government joined the province of Prince Edward Island at the official opening of Bella Place on University Avenue in Charlottetown. On behalf of Human Resources Minister Diane Finley (Haldimand-Norfolk, ON), Michael Duffy and Prince Edward Island's Minister of Community Services and Seniors Valerie E. Docherty made the announcement. Bella Place is supported by … Read more