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November 2003 National Archive

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Mortgage News & Press Releases - November 2003

  • Starts in October Second Highest in 12 Years
    OTTAWA, Ontario, November 10, 2003 — The seasonally adjusted annual rate 1 of housing starts rose to 237,200 in October from 232,200 in September, making October's starts the second highest monthly level in 12 years, reports Canada Mortgage and Housing Corporation (CMHC). "October's strong results continue to reflect low mortgage rates and strong consumer confidence," said Bob Dugan, …
  • Housing Starts Expected to Remain Strong in 2004
    OTTAWA, Ontario, November 17, 2003 — Housing starts are expected to reach 204,100 units in 2004, after reaching a 14-year high in 2003 with an expected level of 218,500 starts according to Canada Mortgage and Housing Corporation's (CMHC) fourth quarter CMHC Housing Outlook, National Edition report. "Consumer confidence remains high and mortgage rates are extremely low. These factors, …
  • Canada and Ontario Ministers Commit to Co-Operation on Affordable Housing
    TORONTO, Ontario, November 18, 2003 —  The Honourable Steven Mahoney, Secretary of State responsible for Canada Mortgage and Housing Corporation, and the Honourable David Caplan, Ontario's Minister of Public Infrastructure Renewal, have pledged to work together closely to create more affordable housing units under the Canada-Ontario Affordable Housing Agreement. The two ministers, …
  • CMHC Announces 2004 Housing Awards
    OTTAWA, Ontario, November 20, 2003 — "Best Practices in Affordable Housing", is the theme of the 2004 Canada Mortgage and Housing Corporation (CMHC) Housing Awards, announced today by the Honourable Steven Mahoney, Secretary of State responsible for Canada Mortgage and Housing Corporation. "The 2004 CMHC Housing Awards will recognize best practices that have resulted in affordable …
  • Edmonton Receives Government Funding for Two New Affordable Housing Projects
    EDMONTON, Alberta, November 21, 2003 - The Capital Region Housing Corporation (CRHC) will receive $3.4 million under the Canada-Alberta Affordable Housing Program Agreement to build a 62-unit apartment complex and a 34-unit rooming house for low-income working singles and individuals on fixed incomes. The announcement was made today by the Honourable Steven Mahoney, Secretary of State …
  • Nova Vita Women’s Services Celebrates Major Renovations
    BRANTFORD, Ontario, November 21, 2003 — Nova Vita Women’s Services celebrated the official opening today of its newly renovated 30-bed shelter for women and their children who have experienced family violence. All levels of government provided funding to make the renovation and ongoing operation of Nova Vita a success. "This project is an excellent example of how the Government …
  • Canada's First Transition House for Senior Women Opened by Federal Government ...
    WHITE ROCK, British Columbia, November 21, 2003 — The first transition house for women over 65 seeking refuge from abusive relationships was officially opened today. The announcement was made by the Honourable Steven Mahoney, Secretary of State responsible for Canada Mortgage and Housing Corporation, and the Atira Women's Resource Society. The Government of Canada, through CMHC …
  • Wings of Providence Residence Opens in Edmonton
    EDMONTON, Alberta, November 21, 2003 — WINGS (Women in Need Growing Stronger) of Providence celebrated the official opening of its 20-unit, $4.75 million transitional, supportive housing residence today. The residence provides access to much-needed services that will help women and their children lead more independent, active and secure lives. In making the joint announcement, the …
  • Federal Government Funding Helps to Convert Historical Hospital into ...
    VANCOUVER, British Columbia, November 24, 2003 — The Honourable Steven Mahoney, Secretary of State responsible for Canada Mortgage and Housing Corporation (CMHC), along with developers Geoff and Tanya Hughes, today opened the Residence at St. Joseph's, in the former St. Joseph's Hospital in Victoria. CMHC provided funding of $1.26 million through its Residential Rehabilitation Assistance …
  • Consumers Support Certification for Mortgage Professionals
    TORONTO, Ontario, November 24, 2003 — More than eighty per cent of consumers agree, when asked, that mortgage professionals in Canada should be nationally certified and registered according to results of the fifth annual survey on the shopping behaviours of Canadian mortgage consumers. The survey completed by the Canadian Institute of Mortgage Brokers and Lenders (CIMBL), is sponsored …
  • New Housing Will Benefit Most Vulnerable
    VANCOUVER, British Columbia, November 24, 2003 — Two new developments in the Downtown Eastside that provide more than 200 subsidized housing units for low- to moderate-income families, seniors and single adults were officially opened at a ceremony today. The housing developments, which are managed by the Lore Krill Housing Cooperative, provide homes to some of the city's most vulnerable …
  • Downtown Eastside Benefits from New Affordable Housing
    VANCOUVER, British Columbia, November 25, 2003 — The Honourable Steven Mahoney, Secretary of State responsible for Canada Mortgage and Housing Corporation (CMHC) and the Central City Mission Foundation opened "The Cosmopolitan", a formerly derelict building that has undergone major renovations to help address the issue of homelessness, poverty and affordable accommodation. CMHC provided …
  • Canada / British Columbia Sign Contract to Manage Repair Process for Moisture ...
    VANCOUVER, British Columbia, November 25, 2003 — Canada Mortgage and Housing Corporation (CMHC) and BC Housing have signed a contract to have the provincial crown agency manage the technical assessment and repair process of co-operative housing projects affected by moisture damage. The announcement was made today by the Honourable Steven Mahoney, Secretary of State responsible for CMHC …
  • New Housing and Support for Downtown Eastside Women and Children
    VANCOUVER, British Columbia, November 25, 2003 — The new YWCA Crabtree Corner, which combines transitional housing and support for women and children with a unique emergency licensed child-care centre, opened today in Vancouver's Downtown Eastside. The complex also provides a community kitchen and the Sheway program, which offers medical care, counselling and support services to pregnant …
  • WHHI Funds More Affordable Housing for West End Residents
    WINNIPEG, Manitoba, November 27, 2003 — Low- and moderate-income families will soon have increased access to affordable housing with the renovation and sale of 18 homes in the Daniel McIntyre and St. Matthews neighbourhoods. The project is being made possible with the help of up to $540,000 in funding assistance provided to the Housing Opportunity Partnership (HOP) from the Winnipeg …
  • Over $1 Million Provided for William Whyte Neighbourhood Housing Improvement ...
    WINNIPEG, Manitoba, November 28, 2003 — Residents will soon benefit from the rehabilitation of more than 20 homes and homeowners will be able to access grants to improve properties in the William Whyte neighbourhood, with the help of over $1 million from the governments of Canada, Manitoba and Winnipeg through the Winnipeg Housing and Homelessness Initiative (WHHI). The support is …

 

 
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