Unprecedented construction needed in B.C. to offset record immigration: Report
Posted: Mar 30th, 2023In: ConstructionNewsVANCOUVER — Home construction in British Columbia will need to rise to unprecedented levels to offset the impact of record immigration on the housing market, the B.C. Real Estate Association said in a new report[...]
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Ontario budget shows lower projections for new home construction
Posted: Mar 25th, 2023In: ConstructionNewsTORONTO — Projections in Ontario’s budget for housing starts show the province’s target to build 1.5 million homes in 10 years slipping further out of reach with each passing year. Nearly 100,000 homes were built[...]
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CMHC says annual rate of housing starts climbed 13 per cent in February
Posted: Mar 16th, 2023In: ConstructionNewsOTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts climbed 13 per cent in February. The national housing agency says the seasonally adjusted annual rate of housing starts for the[...]
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Three strategies to help fix housing supply
Posted: Mar 15th, 2023In: ConstructionNewsThe causes and solutions to Canada’s housing crisis have been endlessly debated in recent years. But at the core of the challenge is a supply issue – there simply isn’t enough housing to meet demand.[...]
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CMHC says annual rate of housing starts slowed 13 per cent in January
Posted: Feb 16th, 2023In: ConstructionNewsOTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts fell 13 per cent in January. The national housing agency says the seasonally adjusted annual rate of housing starts for the[...]
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Industry groups urge government to prioritize purpose-built rentals to tackle housing deficit
Posted: Feb 14th, 2023In: ConstructionNewsA new report by the Building Industry and land Development Association (BILD) and the Federation of Rental-housing Providers of Ontario (FRPO) has warned of a concerning shortage of rental housing in the Greater Toronto Area[...]
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Ontario home builders urge faster approvals, harmonized green building standards
Posted: Feb 11th, 2023In: ConstructionNewsTORONTO — Ontario should speed up new housing approvals, increase skilled trade immigration, and “rein in” municipalities introducing varying green building standards, a residential builders’ group is telling the government. The province is sifting through[...]
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Greenbelt is Ontario’s jurisdiction, Ford says after federal minister raises concerns
Posted: Jan 29th, 2023In: ConstructionNewsSteven Guilbeault at the 2022 United Nations Biodiversity Conference (photo: UN Biodiversity via Wikimedia Commons) BRAMPTON, Ont. – The Greenbelt is provincial jurisdiction, Ontario Premier Doug Ford said Friday after the federal environment minister indicated he’d consider[...]
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Has Ontario’s housing ‘plan’ been built on a foundation of evidentiary sand?
Posted: Jan 28th, 2023In: ConstructionNewsOntario Premier Doug Ford talks to the media on a construction site in Brampton, Ont., in May 2022. Later in the year, the Ford government justified its adoption of sweeping housing legislation and the opening[...]
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GTA new home sales dipped in 2022, affected by interest rates, monetary policy
Posted: Jan 27th, 2023In: ConstructionNewsAccording to the Building Industry and Land Development Association (BILD), 2022 saw the Greater Toronto Area (GTA) experience the lowest level of new home sales since 2018. Altus Group, BILD’s official source for new home[...]
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