The federal government announced more than $4.4 million in funding to help build 10 secure, affordable rental homes in Owen Sound, Ont. The three-storey apartment building, located at 1170 3rd Ave. E., includes 10 residential units that are part of a supportive living model, which means that individuals, with developmental disabilities, will be able to … Read more
The governments of Canada and British Columbia made a combined investment of $16.1 million for the construction of 36 housing units on Salt Spring Island in British Columbia. The new building has 32 supportive homes for people experiencing or at risk of homelessness over the age of 19, as well as four affordable units for people … Read more
Canada’s construction industry is one of the country’s least digitized and modernized sectors and the pace of new home construction has not been able to break through a ceiling of about 250,000 housing starts annually. As Canada Mortgage and Housing Corporation (CMHC) research shows, the current pace of housing starts needs to double to reach pre-pandemic levels of … Read more
The federal government, along with the Province of Manitoba announced more than $9 million in combined funding to help repair 738 secure, affordable rental homes across Manitoba. The repairs will extend the life of existing affordable housing units located across the province. The full release is available online. Contact renee.proctor@infc.gc.ca. The federal government announced more than $2.2 … Read more
The governments of Canada and Saskatchewan have officially opened two newly constructed affordable housing projects in Prince Albert, Sask. These two buildings will provide homes for young families and those affected by interpersonal violence. Through a joint investment between the governments of Canada and Saskatchewan, and a partnership with Prince Albert Community Housing Society Inc. (PACHSI), … Read more
The government announced a contribution of over $1.6 million for the repair and renewal of 333 housing units for the community of Northumberland County, Ont. This funding, provided under the Affordable Housing Fund (AHF), has been allocated to support repairs to residential buildings across the county. This investment will help low- and moderate-income households enjoy … Read more
The government is supporting the construction of 398 new rental homes in Kitchener, Ont., with an investment of over $160 million through the Apartment Construction Loan Program (ACLP). The full release is available online. Contact renee.proctor@infc.gc.ca.
The federal and provincial governments announced the grand opening of 681 Monaghan Road with an additional investment of $830,015 for the construction of seven housing units, to support vulnerable populations in Peterborough, Ont. This investment is made possible thanks to the Ontario Priorities Housing Initiative (OPHI), an initiative of the Canada-Ontario Bilateral Agreement under the National Housing Strategy. The Governments of Canada and Ontario previously … Read more
As condominium market conditions in the Greater Toronto Area (GTA) deteriorated over the past year, many have compared the situation to the condo market crash of the 1990s. Today’s condo market in the GTA does share some similarities to the crash in 1990s, however, a new Canada Mortgage and Housing Corporation (CMHC) analysis titled Is Toronto’s … Read more
The governments of Canada and Quebec, the City of Laval and the Corporation d’habitation de Laval celebrated the official opening of Habitation Bousquet in Laval, Que. The housing project represents a total investment of over $14 million for the construction of 26 units of housing along with community spaces for people leaving homelessness in Laval. The full release is available online. Contact renee.proctor@infc.gc.ca. The government today … Read more