COVID-19

OTTAWA – Canada's housing authority says retail, construction and services workers were the most common deferrers of mortgage payments in the first few months of the COVID-19 pandemic.New data from Canada's Mortgage and Housing…

A W-shaped recovery from the COVID-19 pandemic could trigger a nearly 50 per cent drop in housing prices and a peak unemployment rate of 25 per cent, if the government doesn't offer relief, says the Canadian Mortgage and Housing…

OTTAWA – The Bank of Canada says the national economy will go in reverse for the first quarter of 2021, hammering the hardest-hit workers again on the path to a recovery that rests on the rollout of vaccines.Workers in high-contact…

THE DAILY PRESSWhen Dave Smith was offered a subsidized Toronto bachelor apartment in January, it was the culmination of nearly two decades spent on-and-off the city's social housing waitlist.``I applied, I think this was around…

The Residential and Civil Construction Alliance of Ontario (RCCAO) released a video that calls on the federal and provincial governments to take urgent action and commit more funds to municipalities so "that state-of-good-repair projects…

The average asking monthly rent in the GTA for all property types was down more than 16 per cent year over year in November to $2,056, declining for the 12th straight month, according to the TorontoRentals.com and Bullpen Research &…

VANCOUVER — The COVID-19 pandemic has prompted many Canadians to re-evaluate their housing and work arrangements, spurring some to think not big, but tiny.Pamela Robertson builds tiny homes in Gibsons on B.C.'s Sunshine Coast and said…

Vancity, Vancity Community Investment Bank (VCIB), and the Canadian Urban Institute, released research that examines how small businesses have been impacted by COVID-19 since April on seven of Canada’s main streets.Insights from…