Moishe Alexander provides CMHC content for blog readers – The Government of Canada announced today that a housing co-operative located in Kitchener will receive more than $123,000, through Canada’s Economic Action Plan, as part of the social housing renovation and retrofit investments. The announcement was made at the Sprucewoods Co-operative Homes Inc. by Peter Braid, [...]
Canadian immigrants are narrowing the homeownership gap with their Canadian-born counterparts, according to a new report Thursday by Scotia Economics. The report compared census data from Statistics Canada from 2001 and 2006, when the housing boom was near its peak and unemployment was low. The report indicates that in 2006, 72 per cent of immigrants [...]
THE GLOBE AND MAIL Heather Scoffield – Ottawa Central bank will ‘choke nascent rebound, Sheryl King predicts in her first Canadian forecast Central bank will ‘choke’ nascent rebound, Sheryl King predicts in her first Canadian forecast The new chief economist for Merrill Lynch Canada has finally landed and published a forecast that is significantly more [...]