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canada housing shortage
Provinces Question Federal Government’s $6 Billion Housing Program Conditions
Several provinces are raising questions about a $6 billion housing infrastructure investment that Prime Minister Justin Trudeau announced will be part of the upcoming budget. Mr. Trudeau announced the funds ...
April 3, 2024
BY
Chandra Philip
Cory Morgan: Provinces and Municipalities Must Be Wary of Feds Bearing Gifts
Commentary One of my favourite quotes from the late P.J. O’Rourke is, “If you think healthcare is expensive ...
March 9, 2024
BY
Cory Morgan
CMHC Ending First-Time Home Buyer Program on March 21
Canada’s first-time home buyer incentive program has been discontinued. The Canada Mortgage and Housing Corporation (CMHC) made the ...
March 1, 2024
BY
Chandra Philip
Fraser Announces $176 Million in Housing Deals With More Than 60 Rural Communities
Housing Minister Sean Fraser says the federal government will roll out more than 60 housing agreements with small ...
February 13, 2024
BY
The Canadian Press
CMHC’s Forecast of 3.5 Million Houses Needed ‘Already Obsolete’ Against Rising Population Growth: CIBC Report
Canada’s Mortgage and Housing Corporation’s (CMHC) estimation that 3.5 million new homes are needed by 2030 to retain ...
February 10, 2024
BY
Chandra Philip
Immigration Minister Looks at Cap on ‘Disconcerting’ Number of International Students Amid Housing Crisis
The minister says the ‘volume is disconcerting.’
January 14, 2024
BY
Isaac Teo
New Housing Prices Dipped in November
The cost of buying a new home dropped slightly in November, according to Statistics Canada. The national average ...
December 26, 2023
BY
Chandra Philip
Ottawa to Launch Pre-Approved Home Design Catalogue, Bring Back Post-War Effort
The federal government is planning to launch a catalogue of pre-approved home designs to speed up the home-building ...
December 12, 2023
BY
The Canadian Press
People Are Homeless Because There’s Not Enough Affordable Housing, Says Housing Minster
Canada’s housing minister says the government should ensure those who cannot work still have a home. Minister Sean ...
December 2, 2023
BY
Chandra Philip
Feds Promise to Build More Homes on Public Land as Fall Mini-Budget Looms
As the federal government faces mounting pressure to address a national housing crisis, it announced on Nov. 7 ...
November 7, 2023
BY
The Canadian Press
Homes in Vancouver, Toronto More Than 200% Above What Most People Can Afford
Home prices in many Canadian cities, including Vancouver and Toronto, remain out of reach for average-income earners, according ...
October 27, 2023
BY
Chandra Philip
Ontario Premier Ford Blames Province’s Housing Crisis on Ottawa’s Immigration Policies
Ontario Premier Doug Ford said the federal government is to blame for the province's housing crisis, claiming Ottawa's ...
August 31, 2023
BY
Matthew Horwood
Landlords’ Profit Margins Minimal, Human Resources Committee Hears
The average profit margin for a Canadian landlord is 8 percent, the Commons human resources committee heard Thursday. ...
July 14, 2023
BY
Amanda Brown
Canada’s Housing Crisis: Inevitable Crash and Economic Turmoil Predicted
Commentary Bank of Montreal economists Doug Porter and Robert Kavcic, in an article titled "Catch-’23: Canada’s Affordability Conundrum," ...
June 18, 2023
BY
Tom Czitron
Federal Housing Advocate Critical of Profit-Driven Housing Market, Calls for Regulation
Canada's federal housing advocate told a House of Commons committee on May 9 that the profit-driven housing market is “harming ...
May 14, 2023
BY
Marnie Cathcart
Canada’s Shortage of Rental Housing Could Quadruple by 2026, Says RBC
Canada is facing a shortage of rental housing that will leave the market short by 120,000 homes by ...
March 22, 2023
BY
Marnie Cathcart
TOP NEWS
Supreme Court Will Hear Trump’s Asylum Restrictions at Southern Border
NEW
By
Jack Phillips
Cisco Sued in California Over Alleged Link to Human Rights Abuses
NEW
By
Eva Fu
DOJ Says Agencies Should Prioritize English Over Other Languages
2hr
By
Jack Phillips
Kremlin Says Europe Must Show Readiness to Contribute to Peace Process Before Joining Talks
2hr
By
Victoria Friedman
New White House Chief of Staff Imposes Restrictions on Meeting With Lobbyists
4hr
By
Zachary Stieber
Microsoft Outlook Emails Approaching Normal Levels After Outage, Company Says
4hr
By
Jack Phillips
Trump-Ordered Vaccine Safety Report Delayed Past Deadline
4hr
By
Zachary Stieber
Global Oil Market Shows First Signs of Rebalancing as Gulf Exports Recover: IEA
4hr
By
Evgenia Filimianova
Alleged Chinese Spy Alice Huang Linked to Huawei Data Center: Report
5hr
By
Frank Fang
Bessent Blames Commerce Department for Failure to Blacklist Megaspeed
5hr
By
Andrew Moran