Canada Housing Crisis
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Are ‘mom-and-pop’ investors pricing out first-time homebuyers?Experts said that wealthy investors with second or third properties are pricing out first-time homebuyers and reducing the overall housing supply in the real estate market.CanadaApr 1, 2024
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Renters more likely to experience financial distress, loneliness: StatCanAccording to a StatCan report released on Monday, renters were at least 15 percentage points more likely than homeowners to report difficulty in meeting their financial needs.CanadaFeb 19, 2024
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Canada’s housing advocate has a roadmap to end homelessness. What is it?Federal housing advocate Marie-Josée Houle on Tuesday called for an end to forced evictions of encampments and urged 'alternatives.'CanadaFeb 13, 2024
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‘Fear, stress’: Toronto residents pen letter to city over homeless encampmentA group of residents has penned a letter to officials about a homeless encampment at Clarence Square Park in downtown Toronto. Some are calling for the site to be cleared.CanadaFeb 12, 2024
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Could the way Canadians park vehicles be part of the housing crisis?Experts say Canada's regulations around parking, which in many cases is free, contributes to Canada’s housing crisis. What can be done about it?CanadaFeb 11, 2024
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New Brunswick sees lowest vacancy rate in over 30 yearsA Canada Mortgage and Housing Corporation rental market survey shows New Brunswick's 2023 vacancy rate was the lowest it's been in over 30 years.CanadaFeb 5, 2024
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Developer to build 5K rental units, cites Liberals’ GST break as motivatorAccording the CMHC, Canada needs to build about 3.5 million more units than its current pace of building by 2030 to restore affordability.CanadaSep 26, 2023
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Housing ‘prescription’ to combat health impacts of Toronto homelessnessWhat was once a UHN parking lot near King Street West and Jameson Avenue will soon be the site of Toronto's latest modular housing project.CanadaSep 25, 2023
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Can Ottawa make a dent in housing, grocery prices? What a new bill would doBill C-56, the Affordable Housing and Groceries Act, was introduced into Parliament on Thursday as the Liberals look to address cost of living concerns in Canada.MoneySep 21, 2023
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Canada on pace to build fewer — not more — homes by 2030 target: CMHCThe report added that Canada’s population growth rate is set to fall after 2025, when the current immigration policy comes to an end and Canada sets new immigration targets.CanadaSep 13, 2023
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