housing

Canada’s premiers are wrapping up the summer meeting of the Council of the Federation today. The premiers of the 10 provinces and three territories have been in Halifax for their three-day gathering hosted by Nova Scotia Premier Tim Houston. A statement from the premiers says key priorities that have been discussed include housing, affordability and […]

Canada’s premiers will be in Halifax today to begin three days of scheduled meetings in Nova Scotia’s capital. Nova Scotia Premier Tim Houston, who is the current chair of the Council of the Federation, is hosting the event in the city’s downtown core. Houston told reporters after a cabinet meeting Thursday that premiers will be […]

 The Chhokar family has lived in Moose Jaw since 1971 and managed nearly 200 rental units since 1994, and wants to add more housing, which could support the community’s many international students.   Businessman JC Chhokar has been working with city administration since September 2023 to develop a new housing block at 1345 and 1351 […]

Sarah Ritchie in Ottawa A new poll suggests the Liberals have not won over voters with their latest budget, though there is broad support for their plan to build millions of homes. Just shy of half the respondents to Leger’s latest survey said they had a negative opinion of the federal budget, which was presented last […]

The federal government will allow 30-year amortization periods on insured mortgages for first-time homebuyers purchasing newly built homes. Finance Minister Chrystia Freeland made the announcement in Toronto today, saying it would take effect Aug. 1.  The Canadian Home Builders’ Association has advocated for longer amortization periods, saying five more years would help with affordability and […]

Two federal Liberal cabinet ministers were in Regina Wednesday making a pre-budget announcement on housing funding from the federal government. Arif Virani, Minister of Justice, and Patty Hajdu, Minister of Indigenous Services Canada and minister for FedNor, made two announcements while in Regina. Hajdu confirmed that the 2024 budget would propose a new program Canada […]

The federal auditor general is “completely discouraged” to see so little improvement to substandard housing in First Nations over the past two decades, a new report says. Karen Hogan also looked at the planned expansion of the highly criticized First Nations policing program, and found poor management is leaving communities underserved and funds unspent. The […]

The Canadian Real Estate Association says February home sales jumped 19.7 per cent compared with a year ago. The association says the increase in part reflected weakness last year, as the result for February 2023 was one of the lowest for the month in the past two decades. On a month-over-month basis, CREA says seasonally […]

After a year marked by caution and shifting expectations spurred by rising borrowing costs, economists believe the Canadian housing market could be in for a rebound in 2024. That’s largely dependent on forecasts that the Bank of Canada could begin cutting its key interest rate from the current level of five per cent as early […]

“Buyer Beware” Its a familiar saying, mostly because it rings true. For example, Regina Police have arrested and charged a contractor with fraud after dozens of people reported problems with repair or renovation work not being done well, or not being done at all. Between June 2022 and December of this year, police received almost […]