Housing Crisis Canada

• Too much rental stock owned by investors, federal housing advocate tells MPs

  The federal housing advocate is urging Ottawa to put in place financial regulations that prevent big investors from acquiring rental buildings.

  Canada

  Feb 15
  
• Developer to build 5K rental units, cites Liberals’ GST break as motivator

  According the CMHC, Canada needs to build about 3.5 million more units than its current pace of building by 2030 to restore affordability.

  Canada

  Sep 26, 2023
  
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• Mayors say housing crisis is ‘dire,’ ‘desperate.’ Is Ottawa doing enough?

  The mayors of Calgary and London, Ont., said they are welcoming federal funding programs dedicated to the building of new housing units, but added more needs to be done.

  Canada

  Sep 17, 2023
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• Most affordable housing projects approved by feds missing deadlines: document

  The response from Canada Mortgage and Housing Corporation, which is dated Nov. 30, says only 1,449 affordable units have been completed.

  Canada

  Jan 29, 2023