The Ontario government introduced the Cutting Red Tape to Build More Homes Act, as part of its ongoing commitment to cut red tape, speed up government processes and build at least 1.5 million homes by 2031. The post WEEK OF APRIL 15 2024 NEWSREEL WITH VANESSA TOPPLE first appeared on RHB Magazine ..read more

Low-income B.C. seniors and families already enrolled in one of two rental support programs will soon receive a one-time benefit, the province announced Tuesday. Housing Minister Ravi Kahlon announced the $430 payment will be given to seniors and families who are supported through the Shelter Aid for Elderly Renters, or SAFER, program as well as […] The post ELIGIBLE LOW-INCOME RENTERS TO GET ONE-TIME $430 BENEFIT, B.C. GOVERNMENT ANNOUNCES first appeared on RHB Magazine ..read more

When the $86-million low-interest loan for SoHo Italia apartment tower in Ottawa was announced in the summer of 2020, the federal government press release led with the line: “Every Canadian deserves a safe and affordable place to call home.” The project would provide housing for the middle class and “those working hard to join it,” […] The post OTTAWA IS FUNDING AFFORDABLE RENTAL PROJECTS THAT AREN’T ACTUALLY AFFORDABLE first appeared on RHB Magazine ..read more

A senior civil servant in the New Brunswick Housing Corporation says his office is looking into an increased trend in landlords taking units off the corporation’s rent subsidy program. Gregory Forestell, the corporation’s vice-president of housing programs, says landlords are opting out of the rent subsidy program as early as five years after entering into agreements with […] The post LANDLORDS REMOVING UNITS FROM RENT SUBSIDY PROGRAM, CITING INCREASED OPERATING COSTS first appeared on RHB Magazine ..read more

Prioritizing construction skills in new immigrants and embracing innovative designs and building techniques top a list of recommendations from economists at Royal Bank of Canada on how best to tackle Canada’s housing crisis. “Canada could need more than 500,000 additional construction workers on average to build all homes needed between now and 2030 — and even more than that […] The post RBC URGES CANADA TO PRIORITIZE CONSTRUCTION SKILLS TO IMMIGRANTS TO TACKLE HOUSING CRISIS first appeared on RHB Magazine ..read more

As mentioned last week, the Federal Liberals would continue making announcements ahead of the April 16 budget and they did exactly that by announcing billions of dollars in spending in an ongoing campaign intended to help the housing crisis. The post WEEK OF APRIL 8 2024 NEWSREEL WITH VANESSA TOPPLE first appeared on RHB Magazine ..read more

Canada’s out-of-control immigration numbers are not only having a negative impact on housing, they are now hurting the employment situation. In the same week that Prime Minister Justin Trudeau said that we are bringing in people faster than we can absorb them in the housing market, Statistics Canada issued a warning on jobs. The March […] The post TRUDEAU’S OUT-OF-CONTROL IMMIGRATION HURTING JOBS AND HOUSING first appeared on RHB Magazine ..read more

The Alberta government says it has “deep concerns” and not enough information about a $6-billion federal housing announcement made Tuesday morning. Prime Minister Justin Trudeau made the announcement while he was in Dartmouth, N.S., as part of the government’s pre-budget tour. Trudeau says while the fund will help address the housing shortage plaguing Canadians, provinces and […] The post ALBERTA GOVERNMENT HAS ‘DEEP CONCERNS’ ABOUT FEDERAL HOUSING ANNOUNCEMENT first appeared on RHB Magazine ..read more

The Canada Mortgage and Housing Corp. is forecasting home prices could match peak levels seen in early 2022 by next year and reach new highs by 2026. The agency’s latest housing market outlook, released Thursday, says despite an increase in rental housing coming on the market in 2023, supply is not forecast to keep up […] The post HOME PRICES COULD REACH PEAK LEVELS BY NEXT YEAR, SET NEW HIGHS IN 2026, CMHC REPORT SHOWS first appeared on RHB Magazine ..read more

The federal government announced a Canadian Renters Bill of Rights and we cover the headlines. The post WEEK OF APRIL 1 2024 NEWSREEL WITH VANESSA TOPPLE first appeared on RHB Magazine ..read more