The author of a study released Wednesday says all three levels of government need to act quickly in order to stop the so-called housing affordability crisis from widening the gap between rich and poor in Metro Vancouver. The study, published by the Canadian Centre for Policy Alternatives, calls for funding for at least 5,000 units
The subject of whether Canada’s red-hot housing market is heading for a crash has been a hot topic of debate everywhere but the campaign trail. Canada’s political leaders have been largely quiet about whether they think the housing market is sustainable. Canada’s housing sector has been a bright spot in an economy hit hard by
Canada’s housing agency warned against overbuilding after a surge in condo and apartment projects took housing starts to a three-year high. Work on new homes advanced 7.7 per cent to 230,701 units at an annual pace in September, the Canada Mortgage & Housing Corp. said Thursday from Ottawa. Urban multi-unit projects such as condominiums and
