August 2024

B.C. revamps building code to allow single stairwells in buildings up to six storeys

British Columbia is moving to allow buildings up to six storeys to have one exit stairwell instead of two in the government’s latest effort to boost housing supply.  British Columbia is moving to allow buildings up to six storeys to have one exit stairwell instead of two in the government’s latest effort to boost housing

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Weekly Mortgage Digest: 84% of young Canadians prioritize homeownership despite affordability challenges

A weekly review of the latest mortgage and real estate news, a recap of key headlines, and a preview of upcoming economic releases.  A weekly review of the latest mortgage and real estate news, a recap of key headlines, and a preview of upcoming economic releases.  Mortgage Rates & Mortgage Broker News in Canada 

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BMO reports rising mortgage delinquencies and loan loss provisions in Q3

High interest rates drove BMO’s mortgage delinquency rate higher in the third quarter, according to the bank’s latest earnings results.  High interest rates drove BMO’s mortgage delinquency rate higher in the third quarter, according to the bank’s latest earnings results.  Mortgage Rates & Mortgage Broker News in Canada 

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Feds identify 56 government properties for conversion to affordable housing

The federal government has added 56 properties to a new public lands bank of locations that are suitable for long-term leases so developers can build housing, a move the Housing Minister says will help boost the supply of homes Canadians can afford.   The federal government has added 56 properties to a new public lands bank

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Home-sharing platform funded by Nova Scotia government results in just 23 leases in a year

In the year since Nova Scotia invested in a home-sharing platform aimed at helping renters find affordable housing, a total of 23 leases have been signed.  In the year since Nova Scotia invested in a home-sharing platform aimed at helping renters find affordable housing, a total of 23 leases have been signed.  Mortgage Rates & Mortgage

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Ontario sets new planning rules intended to boost home building

Ontario’s housing minister announced a new set of planning rules Tuesday, which he said will set the stage for a “long-term building boom.”  Ontario’s housing minister announced a new set of planning rules Tuesday, which he said will set the stage for a “long-term building boom.”  Mortgage Rates & Mortgage Broker News in Canada 

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