Housing Construction
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Want 2019 housing affordability? Canada must double building rate: CMHCCanada needs to roughly double the rate that new homes are being built in order to restore housing affordability to pre-pandemic levels over the next decade, according to the CMHC.ConsumerSep 10
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Investment in housing construction is declining across Canada, data showsCanada’s real estate sector saw $22.6 billion invested in building construction in March, a drop of $304.6 million, or 1.3 per cent, compared with February.EconomyMay 25
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Canada must double home construction over 10 years for affordability: CMHCThe Canada Mortgage and Housing Corp. says the goal to reach 2004-level affordability is no longer possible, but it is achievable to hit 2019 levels.CanadaJun 20, 2025
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Trudeau in Cape Breton to announce funding for housing constructionPrime Minister Justin Trudeau travelled to Nova Scotia today to announce $13.3 million in funding to fast-track construction of 367 housing units over the next three years.EconomyFeb 22, 2024
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Federal Tory Leader Pierre Poilievre calls Montreal, Quebec City mayors ‘incompetent’Montreal Mayor Valérie Plante accused Poilievre of misunderstanding municipal financing in Quebec after he called her and the mayor of Quebec City 'incompetent."CanadaJan 18, 2024
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Should Ottawa build homes again? ‘Conversations’ happening, minister saysThe path to filling Canada's housing supply gap might see the federal government take a more active role in building homes, the federal housing minister hinted on Wednesday.CanadaAug 16, 2023
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Homebuilding costs have surged 51% since the pandemic beganCanada's efforts to build more homes over the next decade will be hampered by soaring costs for labour and materials in construction, a new RBC report argues.EconomyJun 29, 2023
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Canada’s worst spring wildfire season could set housing construction further backThe unexpected disruption to the lumber industry risks further slowing new home construction, adding to Canada's acute housing shortage.CanadaJun 12, 2023
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Pace of new homebuilding in Canada hits highest level since NovemberCMHC says the seasonally adjusted annual rate of housing starts for September was 299,589 units, up 11 per cent from 270,397 in August.CanadaOct 18, 2022
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New home builds in Canada slowed in June amid supply crunchCMHC said the six-month moving average of the monthly seasonally adjusted annual rate of housing starts was 293,567 in June, up from 284,837 in May.CanadaJul 16, 2021
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