housing

VICTORIA — The British Columbia government is bringing in new laws to replace the outdated Mortgage Brokers Act as it follows recommendations from an inquiry into money laundering.Finance Minister Selina Robinson introduced the bill in…

OTTAWA – Buying a home has become more unaffordable for Canadians even as housing prices fall, according to new reports from the parliamentary budget officer and RBC.The PBO's house price assessment, published on Thursday, says the…

The Residential Construction Council of Ontario (RESCON) is calling on all three levels of government to tackle the housing supply and affordability crisis by immediately adopting a series of recommendations aimed at speeding up…

BANFF, Alta. – Preventing current high inflation levels from becoming embedded into the public's expectations is key if the country is to avoid falling into recession, former Bank of Canada governor Stephen Poloz said Thursday.…

TORONTO — With a family of seven living in a three-bedroom townhouse and a fitness business she runs from home, Vanessa van Tol is a pro at maximizing space.The Delta, B.C., personal trainer behind Lunges and Lipstick uses her garage…

OTTAWA – Canada's homeownership rate is on the decline, with young adults in particular less likely to own a home in 2021 than they were in 2011, says Statistics Canada.According to the latest census release, two-thirds of Canadians…

OTTAWA — British Columbia's high housing costs are hitting people from all walks of life, from young professionals who can't afford down payments, to students and low-income renters, to people living in tents who are afraid they will die…

OTTAWA – Bank of Canada deputy governor Paul Beaudry said in hindsight, governments and central banks should have withdrawn stimulus measures earlier as economies recovered from the COVID-19 pandemic, which likely would have kept a lid…

OTTAWA – Canada's annual inflation rate slowed to 7.0 per cent in August largely driven by the price of gasoline falling, but the cost of groceries continues to climb.In its latest monthly consumer price index (CPI) report,…

OTTAWA – Canada Mortgage and Housing Corp. says the annual pace of housing starts in August slowed compared with July.The national housing agency says the seasonally adjusted annual rate of housing starts in August was 267,443 units,…