Housing Affordability
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Is home ownership only for the rich now? 80% say yes in new pollCanadians are feeling more discouraged about prospects for home ownership than they were last year, Ipsos polling conducted exclusively for Global News shows.ConsumerApr 26
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Does Budget 2024 make it easier to buy a first home in Canada?The 2024 budget included $8.5 billion in new housing initiatives. Here's what experts say that money means for prospective homebuyers trying to break into the market.MoneyApr 17
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Liberals unveil ‘ambitious’ housing plan to build 3.87 million homes by 2031The plan builds on recent announcements with new tax incentives, more than a billion dollars for homelessness and a country-wide effort to build more housing on public lands.CanadaApr 12
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Ottawa changing RRSP Home Buyers’ Plan, some mortgage amortization rulesFinance Minister Chrystia Freeland unveiled changes on Thursday aimed at making it easier for first-time buyers to break into the housing market.MoneyApr 11
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Ottawa pitches $1.5B rental protection fund to buy apartmentsThe federal government unveiled a $1.5-billion fund to provide loans and grants to non-profits in an effort to buy affordable apartments to control rents.CanadaApr 4
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Vancouver is in a ‘full-blown crisis’ for housing affordability: Report"It is becoming more and more difficult with first-time homebuyers as prices rise here in Vancouver," realtor Mike Stewart told Global News.EconomyApr 3
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Trudeau pitches apartment building push with $15B more in loansAs part of the cross-country pre-budget tour, Prime Minister Justin Trudeau announced plans to add $15B to the apartment loan construction program.CanadaApr 3
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Affordability issues are ‘casting a shadow’ over young Canadians’ economic futuresYoung Canadians' economic futures are at risk if affordability issues driving up the cost of housing and debt persist, Statistics Canada says in a new report.MoneyMar 27
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Canada’s next wealth divide? It’s renters versus homeowners, RBC saysHousing unaffordability in Canada is exacerbating wealth divides between renters and homeowners in the country, according to an RBC analysis.MoneyMar 14
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Some Canadians exploring ‘non-traditional’ ways to own a home. What are they?Unaffordability in Canada's housing market is pushing nearly a third of would-be buyers to consider co-ownership and other 'non-traditional' paths to buy a home, Re/Max says.MoneyFeb 27
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