REMI

CMHC

National Housing Day

Canadian Apartment Magazine

New report details steps to restore housing affordability

To achieve housing affordability for everyone in Canada by 2030, CMHC estimates the country will need an additional 3.5 million units.

Canadian Apartment Magazine

Addressing housing supply in Budget 2022

Budget 2022 proposes a new Housing Accelerator Fund, expanding the Rapid Housing Initiative and incentivizing energy-efficient rental construction, among other key steps.
Residence at Weston

Canadian Apartment Magazine

Dream unveils major upgrades to “Residence at Weston”

Dream announced it has secured a $153-million loan under CMHC’s new MLI Select insurance product to finance affordable units and energy retrofits at the Residence at Weston apartment complex.
REMI

Canadian Apartment Magazine

Lower-income renters still lack housing options

According to CMHC’s 2022 Rental Market Report, lower-income renters are still lacking housing options in most Canadian cities.
made in Canada retrofit solutions

Canadian Apartment Magazine

Advancing Canadian-made retrofit solutions

New CMHC report emphasizes Canadian-made retrofit solutions and steps to streamline multi-res projects as 2030 GHG emission targets loom.
renovictions bylaw

Canadian Apartment Magazine

Development-led evictions add to housing woes

New CMHC data explores the prevelance and implications of development-led evictions and other trends impacting Toronto's rental housing landscape.
OREA

REMI Network

Housing market more vulnerable to downturn

Canada's housing market has reaching a new vulnerability high as homes prices accelerate alongside ongoing overvaluation. 
federal housing

Canadian Apartment Magazine

BMO pledges $12 billion in financing toward affordable housing

BMO announced it will commit $12 billion in financing toward the development and refurbishment of affordable housing in Canada.
Mission Unitaînés

Canadian Apartment Magazine

Rising vacancies in seniors’ housing continues

Vacancy rates in seniors' housing are rising in all provinces except Newfoundland and Labrador, according to a new report from CMHC.
secondary units

Canadian Apartment Magazine

CMHC report looks at prevelance of secondary units

A new CMHC report looks at secondary units in municipalities throughout Ontario and what contributes to disparities.
Budget 2021

Canadian Apartment Magazine

Breaking down Budget 2021’s affordable housing funds

The federal government released it’s much-awaited Budget 2021, which includes funds to address Canada’s need for more affordable housing.
National Housing Day

Canadian Apartment Magazine

Scotiabank announces $10 billion commitment toward new affordable housing

Scotiabank announced it will be aligning with CMHC to mobilize $10 billion over the next ten years to support the creation of new affordable housing.
rental market data CMHC

Canadian Apartment Magazine

CMHC releases 2020 rental market and rent arrears data

Canada’s overall vacancy rate increased from 2.0 per cent in 2019 to 3.2 per cent in 2020, according to the latest Rental Market Survey from CMHC – which also includes rent arrears data due to COVID-19.
National Housing Day

Canadian Apartment Magazine

CMHC, VCIB join forces to create affordable housing

CMHC and Vancity Community Investment Bank (VCIB) announced a ground-breaking collaboration to create affordable housing solutions across Canada.
Newmarket The Rose Corp

Canadian Apartment Magazine

Newmarket welcomes new purpose-built rental development

The federal government announced it is financing $79 million to help construct 216 residential units located at 195 Deerfield Road in Newmarket.
average rent

Canadian Apartment Magazine

Rental demand in Canada’s major urban centres

Measures to limit the spread of COVID-19 and protect Canadians’ health are contributing to a significant interruption in rental demand.
Rapid Housing Initiative

Canadian Apartment Magazine

Multi-unit housing starts remained strong in April

Results from CMHC's monthly Starts and Completions Survey reveals that construction of multi-unit housing projects remained strong in some provinces this April despite COVID-19 containment efforts.