Affordability

Conservative leader Andrew Scheer's pledge to extend mortgage amortization maximums for some homebuyers and loosen a contentious stress test would likely lead to more debt and higher property prices, some experts say.''Oh my god,…

The federal and provincial governments have reached a bilateral agreement to prioritize affordable housing under the National Housing Strategy (NHS) for families, Indigenous communities and vulnerable Canadians in Nova Scotia.This…

The August National Rent Report, produced by Rentals.ca and Bullpen Research & Consulting, shows affordability for low-income Canadians looking for a place to rent is worse than reported in mid-July by the Canadian Centre For Policy…

OTTAWA — A minimum-wage worker could afford to rent in just a few neighbourhoods in Canada, suggests a new analysis of the country's rental market that also raises questions about a promised federal rent-supplement program.The report…

This week, the Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC), announced the details of the First-Time Home Buyer Incentive,…

According to the latest RBC Economics Housing Trends and Affordability Report, 2019’s first quarter saw housing affordability improvement for the second straight quarter in Canada. Rising household income contributed to improved…

OTTAWA – A new federal program aiming to give homebuyers some help covering their mortgage costs will kick in on Labour Day – weeks before a federal election – with the first payments flowing in early November, just days after voters across…

Vancouver Mayor Kennedy Stewart says it's ''devastating'' to see the homeless count rise and the city needs more investment from Ottawa if it's going to solve the problem.Preliminary figures released Wednesday show the homeless count…

The mayor of Montréal, Valérie Plante, along with Robert Beaudry, executive committee member responsible for economic and commercial development, housing and design, as well as Craig Sauvé, associate councillor responsible for housing, have…

TORONTO – Danielle Bacci's favourite part of her move to near Windsor, Ont., is the lack of traffic along her 15-minute commute to work in nearby Leamington.The 26-year-old bank employee and her partner left Toronto and bypassed the…