5 d. ago Rent increases coming for AISH recipients living in community housing starting Oct. 1

Albertans with disabilities living in community housing and Rent Assistance Benefit recipients will soon see an increase to their rent. Starting next month, rent will be calculated based on 30 per cent of an individual’s total income and will no longer exempt benefits received under the Assured Income for the Severely Handicapped (AISH) program or […]

Culture

2 w. ago Nobody is building homes in Ontario anymore as market tumbles

Ontario is has found itself in quite the confounding real estate situation, with officials issuing urgent calls for more new housing while a record number of homes sit up for sale each month, untouched.With home sales in such a lull, developers have acutely pulled back from building in the province, especially in Toronto, while pleading for government intervention in the form of less red tape, lower taxes and a cut to sky-high development charges that have, along with low levels of market activity, stalled tens of thousands of new units.According to a new snapshot from the Canada Mortgage and Housing Corporation (CMHC), Ontario continues to pull down the residential construction stats for the rest of the country, as it has been for months while other areas see some recovery.While the level of new housing starts has risen across Canada as of August (based on the six-month moving average of the seasonally adjusted annual rate), Ontario saw a dismal development turn...

Other

2 w. ago Ontario has hit 26% of its 2025 housing target to date as slump continues

The latest data from the Canada Mortgage and Housing Corporation revealed just 5,149 new homes started construction in August, a drop of 4 per cent compared to the year before.

Other

2 w. ago Housing starts fell 16% in August as home building slows: CMHC

The annual pace of housing starts fell 16 per cent in August compared to July, according to the Canada Mortgage and Housing Corporation.

Culture

2 w. ago Inflation ticks up to 1.9% in August, short of economists’ expectations

OTTAWA — Statistics Canada says the annual pace of inflation accelerated to 1.9 per cent in August, from 1.7 per cent in July. The agency says gas prices were up on a monthly basis and fell less year-over-year in August than in July, pushing the headline inflation rate higher. More coming.

Economics

2 w. ago Leaders trade quips, accusations during first Question Period of fall session

It was as civil start to what promises to be a contentious House of Commons session

Politics

3 w. ago CMHC head says there’s room for banks to take on more risk in funding housing construction

Housing starts in the first half of 2025 were lower than in 2024

Other

3 w. ago U.S. wholesale inflation fell in August as businesses saw smaller profits

Wholesale inflation in the United States, as measured by the Producer Price Index, fell unexpectedly in August as some businesses may have lost profits due to tariff impacts.

Economics

3 w. ago Lorne Gunter: Ideology killing Canada's home construction numbers

On Tuesday, the Canada Mortgage and Housing Corporation (CMHC) released statistics on housing starts for the first half of the year in seven major Canadian cities. The federal housing agency also projected the number of new housing unit starts (apartments, condos, row houses and single-family detached houses) that will be achieved across the country in […]

Events

3 w. ago Calgary, Edmonton leading Canada in new housing construction, but will prices fall?

As new construction plummets in Vancouver and Toronto, Calgary and Edmonton seem to be Canada's new housing hotbeds

Economics

3 w. ago Massachusetts Wants to Ease Environmental Rules to Boost Housing

Massachusetts Governor Maura Healey, who’s up for reelection next year in a state reeling from soaring home prices, is looking to jump-start housing construction by slashing environmental reviews.

Other

3 w. ago Toronto, Vancouver weigh on housing starts in first half of year: CMHC

Canada Mortgage and Housing Corp. says growth in overall housing starts was flat during the first half of the year compared with 2024, though there were significant regional differences. The agency says cities like Calgary, Edmonton, Montreal, Ottawa and Halifax built homes at paces that were either at or near records or in line with […]

Culture

3 w. ago Toronto on pace for lowest annual housing starts in 30 years, CMHC says

Flat housing starts for seven key metropolitan areas, despite some markets building new homes at record pace

Culture

3 w. ago Average rents dip 2.3 per cent in August, continuing downward trend

A new report says average asking rents fell in August compared with a year ago to mark 11 months of straight declines. The Rentals.ca and Urbanation report says the average rental rate across Canada was $2,137 in the month for a 2.3 per cent decline from a year ago, though still up one per cent […]

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