This week a cornucopia of government stories from across Canada introducing or promising policies aimed at increasing affordable housing. Are they good policies – are they overarching – we go over the headlines.
IT’S TIME FOR ...
It’s an era of new regulations in Ontario. The Doug Ford government passed Bill 23, More Homes Build Faster Act, in 2022, and then Bill 97, Helping Homebuyers Protecting Tenants Act, in April 2023. Both, the PCs say, will help …
YOUNG INVESTORS QUES...
Steep mortgage rates are ratcheting up the pressure on Canadian landlords, especially young investors who are facing the harsh side of the interest rate cycle for the first time.
A report released Thursday by Royal LePage shows higher payments are even pushing some housing investors to consider …
RENTAL HOUSING CONST...
Construction of rental housing in Quebec is forecasted to fall by 40 per cent in 2023, according to a report from the provincial homebuilder’s association (APCHQ).
It’s a significant slowdown compared to 2022, when rental construction fell by 13 per cent.
The reason for …
CANADIANS NOW HAVE T...
Canada now has the highest level of household debt among G7 countries, making the economy more vulnerable to any global economic crisis, according to a new report.
In an analysis released on Tuesday, Canada Mortgage and Housing Corporation Deputy Chief Economist Aled ab …
From the pages of our March issue…
Quote Worthy
As the embodiment of promoting from within, I am adamant about an environment that ensures all staff can pursue ongoing training and education ~ Margaret Herd, Senior Vice President of Operations and Development, Park Property Management Inc
