Canada Mortgage and Housing Corporation

New research and market intelligence from Canada Mortgage and Housing Corporation (CMHC) show that development charges account for a significant portion of the cost of a new housing unit in cities across Canada. In Ontario, these charges can represent 8-16 per cent of the price of a new condo and up to 9 per cent … Read more

Canada Mortgage and Housing Corporation

The governments of Canada and Quebec, the City of Laval and the Fonds de solidarité FTQ officially opened Le 605, a 101-unit affordable housing project that will welcome families and individuals from diverse cultural backgrounds. This social and cultural diversity project, led by the Société de gestion Querbes, which will manage it, was carried out under … Read more

Canada Mortgage and Housing Corporation

The Government of Canada, the Government of Quebec, the Municipality of Saint-François-d’Assise and the Office d’habitation Baie des Chaleurs (OH) are officially opening the expansion of Villa Rayon de Soleil, Que., which has added 12 rooms and two studio units to the nine existing social and affordable housing units for independent and semi-independent seniors in Saint-François-d’Assise. The … Read more

Canada Mortgage and Housing Corporation

The federal government announced over $4.2 million in funding through the Indigenous Shelter and Transitional Housing Initiative to help expand help the Gayenawahsra Transitional housing project and build seven more secure transitional housing units in Six Nations of the Grand River, Ont. This includes start-up and ongoing operational funding from Indigenous Services Canada (ISC). The full … Read more

Canada Mortgage and Housing Corporation

As Canada works to overcome its housing supply and affordability crisis, new analysis from Canada Mortgage and Housing Corporation (CMHC) shows weak productivity in residential construction is a major driver of rising housing costs. Since the pandemic, weakened productivity has added an estimated $6 to $8 billion to construction costs, accounting for up to 20 per cent … Read more

Canada Mortgage and Housing Corporation

The governments of Quebec and Canada, the Municipality of Saint-Félix-de-Valois and Les Maisons Féliciennes marked the progress of two buildings with 12 social and affordable housing units for families, people living alone and independent seniors in Saint-Félix-de-Valois, Que. This project represents investments of more than $7.5 million. The Government of Canada provided a loan of $1.6 million through the … Read more

Canada Mortgage and Housing Corporation

While the national mortgage delinquency rate decreased in the second quarter of 2025 for the first time in three years to 0.22 per cent, pockets of financial stress remain, particularly in Ontario. This according to Canada Mortgage and Housing Corporation’s (CMHC) latest Residential Mortgage Industry Report (RMIR). The quarter-over-quarter decrease in the national delinquency rate was led by lower … Read more

Canada Mortgage and Housing Corporation

The federal government, along with the Province of British Columbia, announced nearly $900,000 in joint funding through the Canada-BC Bilateral Agreement under the National Housing Strategy to help build 29 secure, affordable rental homes for independent seniors living in Ashcroft, B.C. Called Thompson View Residences, located at 710 Elm St., they include a mix of … Read more

Canada Mortgage and Housing Corporation

The federal government announced over $11 million in funding to help build 50 secure, affordable supportive homes in London, Ont. The supportive homes, at 46 Elmwood Pl., will be established in the former nursing home through a partnership between Indwell and Developing for Change. The full release is available online. Contact renee.proctor@infc.gc.ca. The federal government, along with … Read more

Canada Mortgage and Housing Corporation

The federal government announced over $3.7 million in funding to help build 50 secure, supportive homes in Chatham-Kent, Ont. The project will create 50 small modular cabins and a community building on land owned by the Municipality of Chatham-Kent to provide temporary housing for people experiencing homelessness. The full release is available online. Contact renee.proctor@infc.gc.ca.