Inflation sets fresh three decade high at 6.8% in April with little sign of cooling
Posted: May 21st, 2022In: ConstructionNewsOTTAWA – The cost of nearly everything at the grocery store continued to climb higher to help push the annual inflation rate to a fresh three-decade high in April and economists warn prices could continue to heat[...]
Read More about Inflation sets fresh three decade high at 6.8% in April with little sign of coolingHuron County councillors push for expedited housing results
Posted: May 20th, 2022In: ConstructionNewsWINGHAM ADVANCE TIMES HURON COUNTY – Several county councillors spoke up after a presentation by Tim Welch, principal of TWC Consulting Inc, regarding the Huron County Housing Renewal Plan, commenting on how this critical initiative needs to[...]
Read More about Huron County councillors push for expedited housing resultsHousing crisis in Ontario worse than ever, Gen Squeeze says
Posted: May 19th, 2022In: ConstructionNewsCANADA’S NATIONAL OBSERVER House prices and rents in Ontario have become more unaffordable in the past two years than in any other recent two-year period anywhere in the country, according to a new report from[...]
Read More about Housing crisis in Ontario worse than ever, Gen Squeeze saysBruce County launches affordable housing toolkit
Posted: May 17th, 2022In: ConstructionNewsTHE WALKERTON HERALD TIMES BRUCE COUNTY – Staff have been working with a consulting firm to develop the affordable housing toolkit. Phase one of the toolkit was launched May 5. It’s a web-based document that[...]
Read More about Bruce County launches affordable housing toolkitCREA reports home sales down in April as mortgage rates rise
Posted: May 16th, 2022In: ConstructionNewsIncreasing mortgage rates slowed home sales in April from the frenzied pace they started the year at, the Canadian Real Estate Association said Monday. The association found the number of homes sold dropped by 25.7[...]
Read More about CREA reports home sales down in April as mortgage rates riseOREA Calls on Provincial Parties to Prioritize Housing Policies
Posted: May 15th, 2022In: ConstructionNewsAccording to the Ontario Real Estate Association, with the Canadian dream of home ownership on life support in Ontario, Ontario REALTORS are calling on all political parties and candidates running in the 2022 Ontario election[...]
Read More about OREA Calls on Provincial Parties to Prioritize Housing PoliciesPromise tracker: What the Ontario parties are pitching on the campaign trail
Posted: May 14th, 2022In: ConstructionNewsTORONTO – A running list of election promises announced by the Progressive Conservatives, NDP, Liberals and Greens in Ontario since late March: Progressive Conservatives May 9: Increase disability support payment rates by five per cent[...]
Read More about Promise tracker: What the Ontario parties are pitching on the campaign trailBoC’s Gravelle says “perfect storm” fueling inflation, but key differences from ’70s
Posted: May 12th, 2022In: ConstructionNewsMONTREAL – Inflation is at a multi-decade high, but the situation is different than the 1970s when high inflation was combined with high levels of joblessness and slow or recessionary economic growth, a senior Bank of Canada official said Thursday. In[...]
Read More about BoC’s Gravelle says “perfect storm” fueling inflation, but key differences from ’70sOntario NDP, Tories promise to boost housing supply through differing measures
Posted: May 9th, 2022In: ConstructionNewsOntario’s New Democrats and Progressive Conservatives are both promising to build 1.5 million homes in 10 years, with housing affordability becoming one of the main election issues in a province grappling with a dearth of[...]
Read More about Ontario NDP, Tories promise to boost housing supply through differing measuresVancouver council hiking empty homes tax to 5 per cent of assessed value in 2023
Posted: May 1st, 2022In: ConstructionNewsVancouver is raising the empty homes tax that is designed to ease vacancy rates in the city, from three per cent to five per cent of the property’s value. The motion by Mayor Kennedy Stewart[...]
Read More about Vancouver council hiking empty homes tax to 5 per cent of assessed value in 2023