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Housing market faces possible recession in 2026 amid ‘subdued’ demand: CMHCCanada's housing market is expected to stay 'subdued' this year amid economic uncertainty stemming from the trade war and U.S. tariffs — with a recession still a possibility.EconomyFeb 10
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Mortgage debt soars while starter homes get out of reach for many CanadiansIn addition to higher mortgage costs, new homebuyers are also struggling with the cost of buying starter homes in today’s housing market, a new report shows.MoneyFeb 24
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Co-signing your kids’ mortgage? Here’s why that’s a risky ideaCo‑signing is more common among first‑time buyers who are younger and who have lower credit scores and lower incomes, the Bank of Canada said.MoneyApr 16
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Bank of mom and dad? More parents are co-signing adult kids’ mortgagesCo‑signing is more common among first‑time buyers who are younger and who have lower credit scores and lower incomes, a Bank of Canada report added.MoneyApr 14
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Okanagan Falls couple, both in health care, may need to move due to ‘tiny homes’ rulesBalisky is a registered clinical counsellor, Kogel is a locum family doctor and their living situation is in limbo because a tiny home is not considered a permanent dwelling.CanadaApr 1
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Ottawa in talks with ‘all provinces’ to cut GST on new homes: ministerThe minister did not provide a timeline for any agreements with other provinces but said provincial governments will be expected to put up their own money or legislation.CanadaApr 7
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Canada’s GDP outlook slashed by 20% over Iran war ‘uncertainty’While the economy is still expected to grow modestly, the firm's spring economic outlook now estimates 1.2 per cent growth in 2026, down from the 1.5 per cent estimated in January.EconomyApr 2
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‘Becoming unlivable’: Halifax residents fleeing city due to rising housing costsA new report found that Halifax's average asking rental price has overtaken Ontario markets like Kingston and East York, and is now more than $200 higher than the national average.CanadaMar 23
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No specifics on how many homes will be built as Ontario earmarks billions in tax breaksWhile the Ford government shares the development industry's enthusiasm about housing construction, the province remains skittish about defining the outcome.PoliticsMar 31
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Ontario records consecutive months of improving housing startsNew data released by the Canada Mortgage and Housing Corporation shows housing starts in the province increased year-over-year for the second month in a row.CanadaMar 16
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Ontario’s battered housing sector revises its projections down againAs part of its 2022 re-election campaign, the Ford government promised it would solve Ontario’s housing crisis by ramping up the construction of new homes.CanadaMar 26
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Ford government poised to waive HST on all new homes as sector strugglesOntario's finance minister is expected to announce that the provincial portion of the harmonized sales tax will be removed for anyone buying a newly constructed home to spur sales.PoliticsMar 16
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Canadian banks are preparing themselves for more bad loans this yearCanada's biggest banks have been setting aside hundreds of millions of dollars in case customers can't pay off their loans, including mortgages.EconomyFeb 26
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Feds announce more than 900 new military housing units for CFB KingstonThe federal government has announced a massive expansion of military housing, with CFB Kingston slated to receive more than 900 new residential units in the coming years.CanadaFeb 24
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Calgary housing market closed out 2025 with 14% fewer home sales in December: boardHome sales in the City of Calgary fell 14.2 per cent in December compared with a year earlier as prices decreased to close out the year.ConsumerJan 2
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B.C. business leaders criticize budget, saying province is in ‘an entrepreneurial drought’Criticism from the Greater Vancouver Board of Trade draws out a response from the B.C. government after a press conference was held on Tuesday.EconomyFeb 24
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Home Depot says slowing demand comes amid ‘growing job concerns’Home Depot says it's seeing 'significantly reduced' demand for some of its merchandise as consumers remain cautious about an uncertain economy and job market.ConsumerFeb 24
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‘We need market certainty’: Just 269 new homes sold in Toronto region last monthThe data indicates this January’s new home sales were down 36 per cent from last January and are 80 per cent below the 10-year average.EconomyFeb 24
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Calgary to continue receiving Housing Accelerator Fund after citywide rezoning repealThe fourth and final instalment of Calgary's funding comes with new conditions including four units as a right on 'a significant majority' of residential lots across the city.PoliticsApr 22
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Planned Canmore glampsite renews longstanding concerns on growth pressuresAn explosion of growth from tourism in Canmore, has put pressure on scarce housing, not to mention the domino effects on parking, infrastructure and the environment.CanadaApr 26