Category : Search result: municipal housing affordability


Variable-Rate Mortgage Savings May Be Ending

Markets now predict only 33% chance of another Bank of Canada rate cut in 2026 as bond yields spike. Learn how this affects mortgage rates and home affordability.

Halifax mortgage costs exceed 50% of income

A Fraser Institute report reveals Halifax families now spend over half their after-tax income on mortgage payments for a typical home. Discover the housing affordability crisis details.

Vancouver Housing Crisis Worsens Amid Approval Delays

Metro Vancouver's housing affordability crisis persists as lengthy approval processes and government fees hinder construction despite falling home prices. Learn about the Fraser Institute's findings.

Surrey approves Costco, scraps supportive housing

Surrey city council greenlights a contentious Costco in South Surrey while rejecting a BC Housing plan for 260 units including supportive housing, despite community opposition to both projects.

Edmonton's Plan to Fast-Track Infill Housing

Edmonton launches a new initiative to speed up infill housing approvals with pre-approved designs, cutting wait times from months to weeks to meet City Plan goals.

Youth Housing Crisis Fuels Socialist Political Shift

The election of Marxist Zohran Mamdani as NYC mayor highlights a generational divide driven by unaffordable housing. Young Canadians face similar economic pressures threatening traditional prosperity.

355 Affordable Homes Coming to North Edmonton

The City of Ottawa announces 355 accelerated affordable housing units in north Edmonton to address housing crisis. Federal investment aims to create homes for vulnerable Canadians.

120 new modular rental units coming to Saskatoon

Saskatoon addresses its housing crisis with 120 new modular rental units, including dedicated homes for mental health support. Federal funding of $38.3 million accelerates the project.

Edmonton's $15M Student Housing Race Begins

Edmonton's new Downtown Student Housing Incentive has sparked a developer race for $15M in federal funds to build 500 affordable student units. The real construction challenge starts now.

Trump's 50-Year Mortgages Criticized by Experts

Donald Trump's proposal for 50-year mortgages faces industry criticism as experts warn it provides minimal cost relief while significantly increasing long-term interest payments and delaying equity building for homeowners.

Guelph Plans Affordable Housing on City Land

The City of Guelph is moving forward with plans to develop affordable housing units on two municipal properties, addressing the growing housing crisis through strategic use of public land.

Manitoba invests $176.5M in rental housing expansion

The Manitoba government is launching a massive $176.5 million rental housing incentive program to create thousands of new affordable units across the province, addressing the critical housing shortage.

Canadian Rents Drop 13th Month Straight to $2,105

New data reveals Canadian rental markets are cooling significantly, with average asking rents dropping for the 13th consecutive month. Discover which provinces saw the biggest declines and what this means for renters and investors.

Saint John Opens Neighbourly Homes Community

Saint John takes a major step in addressing homelessness with the opening of Neighbourly Homes, a 20-unit supportive housing community offering residents dignity and comprehensive support services.

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