33 h. ago Toronto Residents Say City’s Reliance on Land Transfer Tax Is Fueling the Housing Affordability Crisis

New polling shows growing frustration as Council considers yet another MLTT hike TORONTO, Dec. 04, 2025 (GLOBE NEWSWIRE) — As Toronto City Council considers a proposal to increase the Municipal Land Transfer Tax (MLTT) on higher-value homes, new Ipsos polling conducted for the Toronto Regional Real Estate Board (TRREB) shows that 416 residents are deeply […]

Economics

53 h. ago Opinion: Proposed changes to DTES plan risk affordable housing for local residents

Opinion: Vancouver's proposed new rezoning plan would open the door to massive market development in buildings as high as 32 storeys, fundamentally changing the neighbourhood

Other

3 d. ago Puerto Rico holds hearings on proposed power bill increases as customers fume and outages persist

SAN JUAN, Puerto Rico (AP) — Puerto Rico is holding key hearings on fee increase requests from private power companies that, if approved, could see the U.S. territory’s average residential bill rise by at least 40% on an island with a high poverty rate and soaring cost of living. Residents are balking as private power […]

Economics

3 d. ago PBO projects Build Canada Homes will add 26,000 housing units, a fraction of those needed, over five years

Of the 26,000 housing units, PBO estimates 13,000 will be affordable housing units available for low-income households

Other

7 d. ago Federal government pledges $289 million for colourful Toronto development

The federal government has pledged to contribute $289 million to build a colourful new Toronto development that will house hundreds of rental co-op homes.Officials announced the funding commitment for the planned Kennedy Green Co-operative complex at 2444 Eglinton Ave. E. during a Friday ground breaking for the project.Hailed as Canada's single-largest co-op build in over 30 years, the complex will include 612 homes in a colourful package designed by Vancouver-based Henriquez Partners Architects, which could prove one of the most interesting new buildings in town once realized. Outrageously colourful cluster of towers will be unlike anything else in Toronto https://t.co/s5qI7cRW8k— blogTO (@blogTO) April 27, 2025The significant funding commitment is part of the federal government's Build Canada Homes initiative, which aims to spur the construction of affordable homes and improve the national housing supply. Within this broader initiative, funding for the project i...

Economics

8 d. ago OPINION: Recent price declines won’t solve Toronto’s housing affordability crisis

Homebuilders must endure costly wait times of more than two years for municipal approvals

Economics

8 d. ago Housing Affordability: The Gap Widens Between Quebec Regions, According to a New QPAREB Study

L’ÎLE-DES-SŒURS, Quebec, Nov. 27, 2025 (GLOBE NEWSWIRE) — All of Quebec’s regions have seen a deterioration in single-family home affordability over the past 10 years. Yet, according to a new comprehensive study by the Quebec Professional Association of Real Estate Brokers (QPAREB), some regions have been hit much harder than others. The continuing rise in […]

Other

9 d. ago Ontario officially greenlights $26.8B Pickering nuclear power station refurbishment

Energy Minister Stephen Lecce announced on Wednesday that the province had approved a plan from Ontario Power Generation to refurbish the plant's CANDU reactors.

Economics

1 week ago Calls for indoor rec facilities and affordable housing supports dominate second day of 2026 budget hearing

Recreation infrastructure, affordable housing and supports for unhoused Calgarians were top issues raised at city hall on Tuesday

Other

1 week ago On the map: Affordable towns in Guelph are being aimed at young families 

Given that prices for the Marquis Modern Towns start in the low $500,000s, says Kimberley Crescini, Equiton Developments’ vice-president of sales and marketing, the Guelph-based project can be described as “attainable housing.”   “Affordability has become one of the biggest barriers to home ownership,” she continues, adding that Marquis sales are targeting first-time buyers and young families seeking an alternative to the GTA’s higher prices. “At the same time, unlike pre-construction projects, […]

Other

1 week ago Ten affordable housing projects greenlit for surplus Edmonton school grounds

Bankrolled by $99 million from the federal Housing Acceleration Fund, city sells 10 surplus school grounds to developers for one dollar each

Society

1 week ago CAHF launches winter fundraising campaign to boost housing support for vulnerable Calgarians

The Calgary Affordable Housing Foundation (CAHF) is launching a winter giving campaign to raise funding to help vulnerable Calgarians find housing in recognition of National Housing Day. The campaign launched Saturday, according to a media release. Those who want to donate can do so by visiting thecahf.com. “Every day in Calgary, there are Calgarians facing winter […]

Other

2 w. ago Housing leaders confident they can help solve affordability crisis

Proposed new fund would provide low-interest, early stage loans to builders and developers of affordable housing The lack of affordable rental housing in Ontario is a hugely complex problem with no simple solutions but housing industry leaders gathered at a special lunch at Canoe Restaurant in Toronto earlier this week believe they have one idea […]

Politics

2 w. ago Opinion: Backward beliefs about housing shaping the debate on rezoning

On the heels of his election, Mayor Jeromy Farkas spoke about blanket rezoning and what he sees as the problem with the new homes the policy has helped build in Calgary. “(Rezoning) hasn’t delivered the level of housing at the affordable price point that Calgarians are expecting,” he said. On that note, the mayor is […]

Other

2 w. ago Japan’s Biggest Nuclear Plant to Get De Facto Restart Approval

Tokyo Electric Power Co. will receive approval from a local Japanese governor on Friday to restart the country’s biggest nuclear power plant, according to documents seen by Bloomberg.

Culture

2 w. ago Japan Approves Restart of World’s Biggest Atomic Power Plant

The world’s largest nuclear power plant has won a long-delayed approval to restart, a watershed moment for Japan and its energy industry after the country witnessed the worst atomic disaster this century.

Culture

2 w. ago Mortgages in Ontario cities are totally out of control and Toronto is the worst of all

The financial weight of mortgage payments in major Ontario cities has reached a breaking point in recent years, according to a new study that raises alarm bells about runaway costs and stagnating wages.The Home Ownership and Rent Affordability in Canadian CMAs study from The Fraser Institute, a politically conservative think tank, states that mortgage payments have grown to chew up more than 50 per cent of the local median after-tax income in the province's 14 major urban centres in the period from 2014 to 2023.Of these large cities, the monthly mortgage payment on a typical Ottawa-Gatineau home ate up between 50.4 per cent of monthly median incomes during this period, while Toronto topped the charts, with a monthly payment requiring a staggering 110.2 per cent of the local median after-tax family income after a 20 per cent down payment."There is a perception that housing outside of the GTA is still somewhat affordable, but that's not true. Even in cities like Windsor a...

Events

2 w. ago Opinion: Local policies contribute to Metro Vancouver’s housing affordability woes

Tegan Hill and Austin Thompson: Builders would build more homes in Metro Vancouver, despite falling prices, if not for lengthy approval processes and costly government fees.

Events

2 w. ago SingleKey Study: Renting No Longer a Stepping Stone to Homeownership in Canada, Many Require Dual Incomes to Afford Rental Housing

New report reveals rising rent-to-income ratios, growing tenant risk in low-cost regions, and the evolution of Canada’s renter. TORONTO — With Canadians facing an affordability crunch on everything from housing to household bills, new data reveals that Canadians are renting for longer and rely on dual income sources to cover expenses. The Rent Cheque: Q3 […]

Other

2 w. ago Manitoba board gives curling club approval power in affordable housing project

A recent decision by the Manitoba Municipal Board says the project can only go forward if the curling club approves of the parking arrangement.

Other