Ontario’s new homebuilding sector continues to contend with a challenging market environment unlike anything experienced in generations. Builders are navigating rising material and labour costs, cumbersome approvals processes, restrictive regulations and uncertain...
Canada is playing catch-up after four decades of building almost no social housing. Unfortunately, the same cost pressures that make building for-profit housing challenging are also blocking the construction and conversion of non-profit and community housing. That is...
Despite recent efforts by the provincial and federal governments, Ontario is in the deepest housing affordability crisis in its history. The cost-to-income ratio for a new home now exceeds 9:1, compared to the historical norm of 3:1 and 4:1 that prevailed for most of...
Canada needs to roughly double the rate that new homes are being built in order to restore housing affordability to pre-pandemic levels over the next decade, according to the Canada Mortgage and Housing Corporation (CMHC). The CMHC released its fall 2026 housing...
The federal housing agency says Canada narrowly chipped away at its supply gap over the past year, but the country still needs up to nearly 4.7 million new homes over the next decade to restore pre-pandemic affordability by 2036. Canada Mortgage and Housing Corp....
Canadian consumer confidence was little changed in the four-week tracking period ending September 4, but the Bloomberg Nanos Canadian Confidence Index (BNCCI) masked a widening divide: Canadians feel reasonably secure about their jobs and finances while growing less...
In the market for a home? You may ask yourself whether buying one in the middle of a trade war is a good idea. The answer isn't easy in a big and diverse country, with many different regional housing markets, and it only gets more complicated when you consider your...
Whether they’re framing houses or installing cabinets and creating theatre sets, a carpenter’s work requires technical knowledge, creative vision and the ability to problem-solve on the fly. Two key construction needs are driving demand for carpenters in Canada. The...
As candidates running in Ontario’s municipal election in October have begun campaigning, voters have the opportunity to assess nominees’ housing policy and perspectives. As always, before municipal elections, I like to take the opportunity to profile issues that...
The Government of Ontario has delivered a big win for the Ontario Real Estate Association’s (OREA) nearly 100,000 REALTORS®, announcing that it is consulting on proposed changes to the Trust in Real Estate Services Act (TRESA) to strengthen consumer protections in the...