government - Fix Team

Inflation sets fresh three decade high at 6.8% in April with little sign of cooling

By:Building .caPosted: May 21st, 2022In: ConstructionNews

OTTAWA – 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[...]

Huron County councillors push for expedited housing results

By:Building .caPosted: May 20th, 2022In: ConstructionNews

WINGHAM 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[...]

Housing crisis in Ontario worse than ever, Gen Squeeze says

By:Building .caPosted: May 19th, 2022In: ConstructionNews

CANADA’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[...]

Bruce County launches affordable housing toolkit

By:Building .caPosted: May 17th, 2022In: ConstructionNews

THE 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[...]

CREA reports home sales down in April as mortgage rates rise

By:Building .caPosted: May 16th, 2022In: ConstructionNews

Increasing 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[...]

OREA Calls on Provincial Parties to Prioritize Housing Policies

By:Building .caPosted: May 15th, 2022In: ConstructionNews

According 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[...]

Promise tracker: What the Ontario parties are pitching on the campaign trail

By:Building .caPosted: May 14th, 2022In: ConstructionNews

TORONTO – 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[...]

BoC’s Gravelle says “perfect storm” fueling inflation, but key differences from ’70s

By:Building .caPosted: May 12th, 2022In: ConstructionNews

MONTREAL – 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[...]

Ontario NDP, Tories promise to boost housing supply through differing measures

By:Building .caPosted: May 9th, 2022In: ConstructionNews

Ontario’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[...]

Vancouver council hiking empty homes tax to 5 per cent of assessed value in 2023

By:Building .caPosted: May 1st, 2022In: ConstructionNews

Vancouver 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[...]