
housing supply


In federal budget, Ottawa looks to Canada Post land for building housing supply
The federal government is eyeing underutilized Canada Post and National Defence properties as a way to deliver affordability and supply to the country’s housing market.

Housing starts down seven per cent in March from February: CMHC
Canada Mortgage and Housing Corp. says the annual pace of housing starts in March declined seven per cent compared with February.

Housing supply gap worse than first thought: 5 million extra homes needed by 2030, CIBC says
A new report from CIBC deputy chief economist Benjamin Tal suggests Canada’s housing supply gap is even worse than first thought.

OREA calls for bold action to address Ontario’s housing shortfall
Despite making progress on its goal of building 1.5 million new homes by 2031, the Ontario government must do more to improve housing stock and cut down on bureaucratic obstacles, the Ontario Real Estate Association (OREA) says.

Overview of housing initiatives in the government’s Fall Economic Statement
From a crackdown to short-term rentals to new housing supply incentives, the federal government made housing a key pillar of its Fall Economic Statement released today.

Latest in mortgage news: BC regulator slaps CIBC with $3.4M fine over mortgage violation
CIBC was recently fined over $3.4 million by British Columbia’s consumer protection agency, Consumer Protection BC, due to violations related to mortgage discharge documentation.

Despite minor improvement, housing affordability remains near all-time worst level: RBC
Despite a rise in average home prices earlier in the year, strong income gains were enough to improve affordability in the second quarter, albeit only slightly.

How can we fix Canada’s housing supply crisis? This panel of experts has some ideas…
There’s no doubt that Canada is currently in the midst of a housing supply crunch. The big question is, what can be done by governments to address it?

CMHC: Supply is the “Biggest Issue Affecting Housing Affordability”
A shortage of housing supply has been the predominant issue impacting housing affordability, according to the CMHC.
