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Modular building offers solutions for Canada's housing: CSA
Modular building offers solutions for Canada's housing: CSA
Modular construction is a way to rapidly, affordably and sustainably build the housing, hospitals and long-term care homes Canada needs as its construction industry faces pressure, a report from the CSA Group says.
'Iconic' Bosa family a leader in B.C development industry
Bosa Development Corp. has built more than 20,000 homes and has another 9,000 that are being designed or are under construction. Bosa Properties Inc. – another development company associated with the Bosa name – has 22,000 homes built or in the pipeline.
Homebuilders call for changes to support new construction
Canada is on the right track but won't reach its target of building 5.8 million new homes unless it loosens mortgage rules, addresses the labour shortage and helps boost production of factory-built homes, says the Canadian Home Builders' Association.
Co-op housing moves ahead with Toronto development
The City of Toronto is moving toward building one of the largest affordable housing projects in decades. A Scarborough development will include over 600 co-op units, marking first time in years that number of co-op homes are being built.
Waterloo region seeks partner for new housing project
The Region of Waterloo is looking for a development partner for an innovative affordable housing project. The region said in a news release, the project will be in Kitchener and the partner would be responsible for the design and construction.
Kanata homeowners move-in dates delayed for over a month
About a dozen Ottawa-area homeowners who bought homes in the Brookline subdivision developed by the Minto Group have closing dates delayed by over a month. Minto says it is waiting on plan approval from the Land Registry Office.
Mike Holmes responds to CBC story on demolished homes
For the first time, Mike Holmes has spoken publicly about a lawsuit concerning houses in a "Holmes Approved Homes" development in Meaford, Ont., allegedly built with defects. The suit was launched in 2021 by Ontario consumer protection organization Tarion.
A dream home had it all — except proper heating
When the weather turned cold, William Lobodici found himself constantly cranking up the temperature in his home. According to the City of Hamilton, Lobodici and about 20 others bought new homes without a furnace that can adequately heat the house.
Edmonton homebuilders targeted by extortion attempts
People speaking to CTV News Edmonton on condition of anonymity about a spate of extortions related to arsons and shootings since October say they fear speaking out. Edmonton police say 10 local homebuilders have been targeted in the extortion attempts.
Ont. landlords flaunted lavish lifestyle as business collapsed
As his real estate empire showed signs of trouble, Robby Clark appeared in a promotional video, standing at the bow of a yacht. Posted to Instagram accounts like "billonaireclassy", it showed the former child actor- turned-real estate investor living luxuriously.
London business owner decries loss of home retrofit grant
Ottawa's decision to pause its Canada Greener Homes grant program may lead homeowners to prolong necessary home energy evaluations and upgrades due to their high costs, says the owner of a London, Ont., insulation company.
N.B. housing minister pledges task force on short-term rentals
New Brunswick's housing minister Jill Green pledged to create a task force on regulating short-term rentals. Green told provincial mayors that about 0.7 per cent of housing stock, or 3,400 units, across the province are used as short-term rentals.
A Hamilton house costs $300K more than six years ago
In 2018, the average sale price of a home in the city was roughly $569,000, according to Realtors Association of Hamilton-Burlington data. Last year, it was $885,000, which is higher than past years but lower than 2022.
A Windsor economic rebound – and a housing crunch
Visible from a highway near Windsor, Ont., the sprawling battery plant that many hope will power the future of driving is taking shape with astonishing speed. Much harder to find are the thousands of homes needed to house employees.
Foreign buyer ban won't solve affordability woes, economist
OPINION: Ottawa’s decision to extend a ban on foreign homebuyers for an additional two years is a reasonable move, but will not go far to address the country’s housing affordability crisis because such buyers are not a major factor to begin with, a leading bank economist says.
The housing crisis wrapped around a northern Ontario town
A 1,000 miles north of the GTA, far away from the Greenbelt scandal, Sioux Lookout has been struggling to keep pace as it grows. Local advocates say housing issues are as bad in the north as major Ontario cities.
Economist reports data points for restoring housing affordability
Charles St-Arnaud, chief economist at credit union hub Alberta Central, has crunched the numbers on the size of adjustments that would be needed to bring home ownership affordability back in line with historical trends in seven of Canada’s largest cities.
A UBC student who flies to class instead of renting
The University of British Columbia is acknowledging how difficult it is for students to afford rent in Vancouver after one of its attendees, a self-described “super commuter,” revealed he flies to class from Calgary instead of renting near campus.
New report paints scary picture of Canadian household debt
Licensed insolvency firm Hoyes Michalos recently published its annual bankruptcy study revealing a troubling snapshot. The study found the average Canadian insolvent debtor owed $54,084 in unsecured debt in 2023 —the highest seen since starting its study in 2011.
Number of Canadians worrying about their finances spikes
The number of Canadians worrying about their day-to-day finances spiked to a new high in January. Fifty-five per cent of people surveyed by Maru Public Opinion for its household outlook survey reported worrying about their personal and daily finances.
Industry Events
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Canadian Home Building Association: National Fall Meetings
Oct 21 2024
to Oct 25 2024
Ottawa, Ontario
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