Home Construction
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Toronto company fined over $1M for illegal homebuilding, regulator saysThe Home Construction Regulatory Authority announced on Monday that Albion Building Consultant Inc. had been ordered to pay a fine of more than $1 million.CanadaDec 15
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Not fast enough: More homes are being built, but targets still far off, says CMHCA new report from the Canada Mortgage and Housing Corporation shows some markets in Canada are seeing more construction than others, with Toronto sharply declining.EconomySep 9
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CHMC says new home construction slowed in May by 0.2%The annualized rate of construction for new homes in Canada fell in May compared to April by 0.2 per cent, according to the Canada Mortgage and Housing Corporation.EconomyJun 16
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How Trump’s tariffs could hurt Canada’s home construction industryU.S. President Donald Trump postponed widespread tariffs on Canada, but Canadian homebuilders say the uncertainty of what could be imposed is creating issues.CanadaFeb 21
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Big city housing starts near highest levels in 34 years. Is it enough?Canada's homebuilders picked up the pace in the first half of 2024, but CMHC warns it won't be enough to restore affordability amid a booming population.EconomySep 26, 2024
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New amenities for Kelowna neighbourhood booming with home developmentPart of that plan included a shopping centre, which is now coming to life with two major tenants now operational including a recently-opened Save-On-Foods store.CanadaJun 20, 2024
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Ottawa making financing cheaper for more builders to spur rental constructionThe effort to offer cheaper mortgage rates to more builders comes as construction costs have ballooned in recent years amid expensive materials and rising interest rates.CanadaSep 26, 2023
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Single-family housing starts picked up pace amid overall slowdown in AugustCanadian homebuilders slowed the pace of housing starts in August, according to the CMHC, particularly among multi-unit builds in urban areas.EconomySep 18, 2023
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4 dead after scissor lift falls at house construction site in QuebecPolice say the victims were atop a scissor lift several metres above the ground as they worked on a new house when the device fell over and fatally injured all four people.CanadaAug 20, 2023
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1 in 5 homebuilders are nixing projects amid high rates. Here are your rightsMore Canadian developers are slowing their pace of building or nixing projects completely. Here's what you need to know about your rights if you bought a pre-sale home.MoneyAug 18, 2023
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