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Category: Government policy

BoC's third interest rate cut could kickstart home buying activity

Tyler Choi Government policy Government National Sep. 4 2024

The Bank of Canada (BoC) has cut its benchmark interest rate 25 basis points to 4.25 per cent, the third cut in as many months. It's a decision housing industry observers believe could jolt buyers back into the market.

Wesgroup's Housing Crisis 101 video a YouTube hit

Tyler Choi Government policy Construction National Aug. 28 2024

Wesgroup Properties is racking up tens of thousands of views for a YouTube video tackling critical issues homebuilders say impact efforts to address Canada's housing and affordability crises. The company hopes to spark a more extensive discussion of the issues.

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