While stakeholders applaud the Canadian government’s housing strategy, concerns linger about potential housing cost impacts and the need for strategic vision in infrastructure investment.Click here to read more.
As Canadians from coast-to-coast struggle to find a place to call home, REALTORS® continue to play an important role in helping address the country’s housing crisis. For nearly four decades, REALTORS® have been advocating the federal government on behalf of Canadian...
On October 12, 2023, The Cornwall Construction Association hosted a panel discussion at Esca Gourmet Pizza + Bar, to discuss the housing crisis through the lens of the construction industry.Click here to read more.
The Ontario government introduced the Affordable Homes and Good Jobs Act, which, if passed, would make it cheaper and easier to build affordable homes, provide certainty to municipalities and help more Ontarians find an affordable home based on their household income....
Ontario's legislature resumed sitting Monday after a summer recess, with a controversy about Greenbelt land removals looming large, despite Premier Doug Ford saying last week that he is reversing the decision. Ford said in question period that he admitted he made a...
After losing two cabinet ministers, two senior staffers, and untold points in the polls, Premier Doug Ford announced his government would walk back its Greenbelt land removals on Thursday. He also promised once again to not touch the protected area — the same pledge...
A large number of young adults are delaying homeownership in the province, citing student debt as the “primary reason” for postponing this milestone, a new poll by the Ontario Real Estate Association (OREA) suggests. "Student debt is not merely a financial burden;...
Just days after Canada Mortgage and Housing Corporation warned of a dire housing shortage, the Canadian federal government announced it would remove the Goods and Services Tax (GST) on the construction of new apartment buildings for renters. To build more rental...
Ontario is experiencing an unprecedented housing affordability and supply crisis, one that is occurring during country-wide inflation, while cost-of-living is also rising rapidly. This is why we need all levels of government to step up and champion pro-housing...
On Tuesday, August 15, the Canadian Real Estate Association (CREA) released its national housing statistics for the month of July 2023. Below, CREA’s Senior Economist Shaun Cathcart provides an update on the current state of housing markets in Canada and explains what...