affordable homes

RBC’s latest housing affordability report released Thursday reveals that the situation is the worst its been since the early 1990s, and will worsen before it gets better.RBC’s aggregate affordability measure for Canada went up 3.7…

Almost half of Canadians who rent expect to continue doing indefinitely and aren't sure when they'll be able to get into the housing market, says a new survey.Renters surveyed by insurance firm Canada Life cited a lack of cash, fear and…

OTTAWA – Soaring gas prices helped the annual inflation rate in May soar to its highest level in nearly 40 years, as the rising cost of living for Canadians squeezed household budgets and bolstered expectations the Bank of Canada will opt…

CALGARY – Alberta's cities are once again abuzz with the sound of hammers and saws as surging oil prices fuel a fresh building boom in the province.According to Statistics Canada, housing starts in Alberta, seasonally adjusted at an…

TORONTO – The federal government is prepared to take further action to address more severe economic volatility, but Finance Minister Chrystia Freeland wouldn't say if a hard landing for Canada's housing market would be the trigger for…

VANCOUVER – The final report from the money laundering inquiry looking into cash from organized crime being filtered through British Columbia casinos, the real estate industry and elsewhere says RCMP, the federal anti-money laundering…

OTTAWA – Statistics Canada says the amount Canadians owe relative to their income pulled back in the first quarter from the record level set in the fourth quarter of 2021 as incomes grew faster than debt.The agency says, on a…

TORONTO — Nearly one in four homeowners say they will have to sell their home if interest rates go up further, according to a new debt survey from Manulife Bank of Canada.The survey, conducted between April 14 and April 20, also found…

Vancity, Vancouver’s savings credit union, has launched its new Non-Profit Housing Retrofit Program to support climate-ready affordable housing.The program, which is available to hundreds of non-profit housing providers across BC,…