‘High expectations’ for new housing and infrastructure minister as Sean Fraser takes over ‘Everest-like’ file, say pundits
Fraser acknowledged housing is ‘a bottleneck to economic growth,’ and it’s ‘a real challenge for people my age and younger who are trying to get into the market,’ in a July 26 press conference.
The curious case of Ottawa’s housing bubble backstop
The cost of helping mortgage holders avoid the pain of higher interest rates will be borne by all consumers as the banks pass the cost along.
More safe housing needed to end violence against Indigenous women, say NDP MP, Indigenous advocates
‘Housing is the biggest thing,’ says NDP MP Lori Idlout, noting too many women are put at risk because there’s not enough of it.
Researchers warn House committee about the ‘dramatic erosion’ of affordable rental units
Canada’s largest residential landlords say a shortage of new supply is at the heart of the housing crisis, but researchers and advocates are warning about the loss of affordable rental units.
Urban and rural Canada aren’t so divided on key issues facing the country, leading pollster says
Fewer than one in five Canadians live in rural areas and these populations are growing more slowly than in urban centres, says chief statistician Anil Arora. Between 2016-2021, the urban population grew almost 16 times faster than rural Canada’s.
Bank of Canada quietly signals long-term shift with potential for economic, political upheaval
The end of the low-interest-rate policy sets the stage for widespread household financial stress in 2025 and 2026, when the majority of mortgages are up for renewal.
Time for concrete action to unlock homeownership for Canadians
There are policy moves the federal government could make today to bring a more holistic approach to housing affordability and improve the outlook for families and our economy.
Can we save our affordable housing before it’s too late?
On one hand, inadequate rent control across provinces is leading to high rents and tenant exploitation. On the other hand, big corporate landlords are taking away every affordable housing unit that’s left.
Feds show ‘understanding’ but not ‘action’ on need to partner with provinces to build more houses, says B.C. minister
A proposal to link housing funding with immigration shows how per capita transfers are sometimes ‘too blunt a measure,’ says policy prof.
Parliamentary Budget Office says ending tax exemption for real estate investment trusts would generate at least $285.8-million in additional revenue over five years
Finance Minister Chrystia Freeland’s office says the federal government ‘continues to evaluate the impact’ that large corporate landlords have on rental housing across Canada.
