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Category: Government policy

Federal, Ontario governments take steps to ease the housing crisis

Barbara Lawlor Government policy Government National Jun. 5 2024

For years – in fact, since long before the pandemic – new home builders and developers in Ontario have been asking all three levels of our governments to take action when it comes to lack of affordability and lack of supply.

BoC drops key interest rate to 4.75%

Don Wilcox Government policy Financing National Jun. 5 2024

UPDATED: The Bank of Canada has reduced its interest rate target to 4.75 per cent, the first reduction since it instituted a rapid rate increase policy over two years ago. How this will affect housing and development remains uncertain.

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