Vacancy rates for purpose-built rentals rose across major Canadian cities in 2025 as the national rate increased to 3.1 per cent, up from 2.2 per cent in 2024 and above the national 10-year average. This increase was driven by historically high rental unit completions and slower population and economic growth according to Canada Mortgage and Housing … Read more
The federal government, along with the Province of British Columbia and the City of Vancouver announced over $195.9 million in combined funding to help build 390 secure, rental homes at two projects in Vancouver, B.C. The announcement took place at 450 Pacific St., which will provide 91 homes in the Yaletown neighbourhood. Also announced was funding … Read more
New research and market intelligence from Canada Mortgage and Housing Corporation (CMHC) show that development charges account for a significant portion of the cost of a new housing unit in cities across Canada. In Ontario, these charges can represent 8-16 per cent of the price of a new condo and up to 9 per cent … Read more
The federal government announced over $4.2 million in funding through the Indigenous Shelter and Transitional Housing Initiative to help expand help the Gayenawahsra Transitional housing project and build seven more secure transitional housing units in Six Nations of the Grand River, Ont. This includes start-up and ongoing operational funding from Indigenous Services Canada (ISC). The full … Read more
As Canada works to overcome its housing supply and affordability crisis, new analysis from Canada Mortgage and Housing Corporation (CMHC) shows weak productivity in residential construction is a major driver of rising housing costs. Since the pandemic, weakened productivity has added an estimated $6 to $8 billion to construction costs, accounting for up to 20 per cent … Read more
While the national mortgage delinquency rate decreased in the second quarter of 2025 for the first time in three years to 0.22 per cent, pockets of financial stress remain, particularly in Ontario. This according to Canada Mortgage and Housing Corporation’s (CMHC) latest Residential Mortgage Industry Report (RMIR). The quarter-over-quarter decrease in the national delinquency rate was led by lower … Read more
The federal government, along with the Province of British Columbia, announced nearly $900,000 in joint funding through the Canada-BC Bilateral Agreement under the National Housing Strategy to help build 29 secure, affordable rental homes for independent seniors living in Ashcroft, B.C. Called Thompson View Residences, located at 710 Elm St., they include a mix of … Read more
The federal government announced over $11 million in funding to help build 50 secure, affordable supportive homes in London, Ont. The supportive homes, at 46 Elmwood Pl., will be established in the former nursing home through a partnership between Indwell and Developing for Change. The full release is available online. Contact renee.proctor@infc.gc.ca. The federal government, along with … Read more
The federal government announced over $3.7 million in funding to help build 50 secure, supportive homes in Chatham-Kent, Ont. The project will create 50 small modular cabins and a community building on land owned by the Municipality of Chatham-Kent to provide temporary housing for people experiencing homelessness. The full release is available online. Contact renee.proctor@infc.gc.ca.
The government of Canada announced almost $1 million in additional joint funding through the Canada-BC bilateral agreement for Blizzard Mountain Place in Fruitvale, B.C. This project is a result of a partnership between the federal government, through the Canada Mortgage and Housing Corporation (CMHC), the Province, through BC Housing, the Village of Fruitvale, Columbia Basin … Read more