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Prevention against wildfires pays dividends: Intact Centre

8 months ago

Prevention against wildfires pays dividends: Intact Centre

As wildfires grow more frequent and powerful in Canada, a report from the Intact Centre on Climate Adaptation lays out a series of preventive activities for homeowners and communities to minimize fire risk.

Mortgage rates are dropping as five-year rates fall below 5%

Interest rates on insured five-year fixed mortgages are dropping to levels not seen since May due to strong indication from central banks that monetary tightening is over as inflation declines.  Most fixed-rate mortgages are tied to the five-year bond yield.

Inventory of newly built homes at best level since 2015: BILD

There is enough available supply and choice of newly built GTA condos and houses for buyers to find what they’re looking for as prices hold steady, according to Building Industry and Land Development Association (BILD) data and SVP, Justin Sherwood.

Private lenders demand delinquent homeowners pay up

Canadian homeowners grappling with swelling mortgage costs have become such a significant issue that the Prime Minister urges banks to go easy on them. Nick Kyprianou, the CEO of RiverRock Mortgage Investment Corp., is taking more of a tough-love approach.

B.C.'s bold housing blueprint. Rest of Canada should copy it.

EDITORIAL: In the fight to alleviate the housing shortage, there’s been no shortage of good ideas. What has been too often absent is political will. A missed opportunity came in early 2022 when Ontario received a blueprint for this space.

Accelerate use of behind-the-meter (BTM) solar: Report

A new report calls for 20 to 40 times more rooftop and onsite solar energy generation in Canada by 2050 to help the country meet its net-zero targets. Rooftop and on-site solar is referred to as behind-the meter (BTM) solar.

Beware of the logistics for at-home EV charging

It's a simple yet important routine for so many Canadians — plugging in their cellphones and smartwatches before bed to ensure they're fully charged in the morning. Increasingly, there's another item to add to the list: the car. 

PLAEX-Crete: The Lego block of the building industry?

An “absolutely terrifying” statistic that hangs over the mind of Dustin Bowers is the average age of a skilled trades worker in North America: 60 years old, he said, meaning mass retirements are looming. 

Perth can't afford to spurn the Caivan housing development

The town of Perth is one of the most attractive in eastern Ontario, its charm defined by its well-maintained 19th-century homes and its traditional main street. It seems like a place where time has stood still.

Market buyers, 'marry the house and date the rate': Realtor

VIDEO: As Canadians face higher borrowing costs we are seeing a slowdown in the real estate market. Davelle Morrison, broker at Bosley Real Estate, says sellers are dropping prices and doing anything they can to put their best foot forward.

Nine Ontario real estate markets experience underbidding

Digital real estate company, Wahi analyzed data from 10 cities outside the GTA, including Hamilton, Ottawa, London, Barrie and the three cities in Waterloo Region, with Kitchener being the only one that had not been affected on average by underbidding.

Ottawa to announce nearly $500-million for housing in Toronto

Toronto will get nearly half a billion dollars under a federal housing agreement – the largest payment yet to a municipality from Ottawa’s Housing Accelerator Fund, which requires cities to loosen zoning rules that protect neighbourhoods dominated by single-family homes.

Winnipeg receives $122M from HAF to fast-track housing

Winnipeg will get $122 million from a federal fund intended to fast-track the construction of new housing. The funds are expected to spur construction of more than 3,100 housing units, including 900 affordable units, over the next three years.

Burnaby gets $43M from feds to fast-track 11,000 homes

The federal government has mended fences with the City of Burnaby and announced it will get $43.4M from the Housing Accelerator Fund to fast-track 1,290 housing units over the next three years, and 11,000 by 2035.

B.C.’s skyrocketing population a daunting task for housing

B.C.’s housing minister is reiterating calls for Ottawa to match federal funding to rising immigration levels, as B.C. grapples with a growing population fuelled by new international residents calling for “better alignment” between immigration growth and support for services.

Ont. condo leaders call for changes to protect board members

Ontario's three main condo associations are raising concerns about the safety of condo board members and managers, who are under increasing pressure from financially stressed residents. The group is calling for changes including shielding the home addresses of condo owners. 

Guelph family's home at risk due to tenant's unpaid rent

Sitting at a table, a stack of documents spread out before him, Juan Monterroza is overcome with emotion – not only is the dream of helping his children pay for university being threatened, he says his family may lose their home. 

Housing co-op selling community bonds to fund first property

The president of a housing co-operative currently fundraising to build its first residence says the living model can help alleviate Canada’s housing affordability crisis. In a housing co-operative residents pay for a membership and participate in building ownership and operations.

Options for Homes and Home Ownership Alternatives join forces

In Canada's dynamic housing landscape, where affordability and housing continue to be the leading issues, non-profit real estate developer Options for Homes (OFH) and non-profit financing corporation Home Ownership Alternatives (HOA), have agreed to unite under the same leadership.

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