The recent Fall Economic Statement, where the Federal Government announced a new initiative exempting the federal portion of the HST in order to encourage more purpose-built rental housing has industry experts now seeing missed opportunities – some that could have …
THERE’S A FOUN...
The squeeze is on the federal Liberals, as higher interest rates drive up the cost of the country’s debt load. Last week’s fall economic statement was modest in its outlays and the promises on housing reflect the constrained fiscal reality.
But …
CANADIAN ECONOMY NAR...
The Canadian economy is slowing… or booming. It really depends on when you read the statistics, apparently. Statistics Canada (Stat Can) released real gross domestic product (GDP) data this morning, revealing a sharp contraction in the third quarter. However, it was accompanied …
ONTARIO NIXES CITIES...
Ontario’s housing minister is shooting down a request from big city mayors for a change in funding criteria that would help more of them qualify for money to build infrastructure necessary for new homes.
The province has assigned housing targets to …
From the pages of our October issue…
Quote Worthy
We see the development of new purpose-built rental and affordable housing continuing to be key part of our growth moving forward ~ Jason Green, Director, Acquisitions & Development, Greenwin
