The Government of Canada, Government of Alberta and the City of Edmonton today celebrated the opening of 31 affordable town home rental units. The project is supported by almost $3.9 million in funding under the Canada – Alberta Affordable Housing Agreement, $836,000 combined funding from the Government of Alberta and City of Edmonton Cornerstones Plan and [...]

Canadian Funding Corp (CFC) CMHC Update: The Government of Canada, the Government of Ontario, and the Municipality of Middlesex Centre in the County of Middlesex today celebrated the opening of 20 new affordable rental units. This project is supported by $1.4 million in funding through the Canada – Ontario Affordable Housing Program.
Bev Shipley, Member of [...]

Single-detached starts decline in 2009 but growth returns in 2010
According to Canadian Funding Corp (CFC) following a 22-year high in 2008, CMHC is forecasting a 28.5 per cent reduction in single-detached starts this year. Regina will see 700 single-detached starts in 2009, down from 979 in 2008. Forecast starts activity in 2009 will fall back [...]