Privacy  
CanEquity Mortgage Canada
Canadian mortgage rates,
mortgage calculator & news.

Canadian Mortgage News

November 2004 National Archive

Related Links:
National Archive
2004 Archive
January 2004
February 2004
March 2004
April 2004
May 2004
June 2004
July 2004
August 2004
September 2004
October 2004
November 2004
December 2004


Page d'accueil français

Mortgage News & Press Releases - November 2004

  • $8.7 Million Allocated for Affordable Housing in Ontario
    TORONTO, Ontario, November 5, 2004 — The Government of Canada and the Government of Ontario today allocated more than $8.7 million to help fund seven pilot projects that will create 325 units of affordable housing for low-income people in Ontario. The announcement was made by the Honourable Joseph Fontana, Minister of Labour and Housing, and the Honourable David Caplan, Ontario's …
  • $8.1 Million Allocated for Affordable Housing in City of Ottawa
    OTTAWA, Ontario, November 5, 2004 — The Government of Canada and the Government of Ontario, along with the City of Ottawa, today held a press conference to announce the allocation of more than $ 8.1 million to help fund six pilot projects that will create 300 units of affordable housing for low-income people in Ottawa. The announcement was made by Marlene Catterall, MP for Ottawa …
  • Affordable Housing Pilot Project Approved in the Region of Waterloo
    WATERLOO, Ontario, November 5, 2004 — The Government of Canada and the Government of Ontario today allocated $675,000 to help fund a pilot project that will create 25 units of affordable housing in the Region of Waterloo. The announcement was made by Kitchener-Waterloo MP Andrew Telegdi, on behalf of the Honourable Joseph Fontana, Minister of Labour and Housing, and MPP John Milloy, …
  • Canada and Ontario Provide $2 Million in Funding to Build Affordable ...
    TORONTO, Ontario, November 8, 2004 — The Government of Canada and the Government of Ontario announced an agreement today with Home Ownership Alternatives, a trust and non-profit corporation, to provide up to $2.3 million in funding to build 382 affordable condominium units in three developments located in Scarborough, Pickering and Markham for sale to modest-income families in need of …
  • October Housing Starts Down But Remain High
    OTTAWA, Ontario, November 8, 2004 — The seasonally adjusted annual rate 1 of housing starts was 225,000 in October, down from 237,900 in September, according to Canada Mortgage and Housing Corporation (CMHC). Strong housing starts reflect high levels of new home construction across the country. Favourable economic factors such as, recent growth in full-time employment and low mortgage …
  • New Supportive Housing for Seniors in Surrey
    SURREY, British Columbia, November 9, 2004 — Over 100 new supportive housing units are now available to moderate-income seniors with the expansion of Kiwanis Park Place, 12850 - 26 Avenue, Surrey. With the 111 units officially opened today, the development offers a total of 257 apartments for seniors and people with disabilities. "Today's announcement is about helping more seniors and …
  • Seed Funding Now Available for Affordable Housing Projects [Alberta]
    CALGARY, Alberta, November 12, 2004 — Community groups and others looking for funding to help develop a proposal for a housing project are being invited to apply for Seed Funding from the Government of Canada through Canada Mortgage and Housing Corporation (CMHC). The Honourable Joseph Fontana, Minister of Labour and Housing, today announced that CMHC would begin accepting applications …
  • Seed Funding Now Available for Affordable Housing Projects [Montréal]
    MONTRÉAL, Québec, November 12, 2004 — Community groups and others looking for funding to help develop a proposal for a housing project are being invited to apply for Seed Funding from the Government of Canada through Canada Mortgage and Housing Corporation (CMHC). The Honourable Joseph Fontana, Minister of Labour and Housing, today announced that CMHC would begin accepting …
  • Seed Funding Now Available for Affordable Housing Projects [Vancouver]
    VANCOUVER, British Columbia, November 12, 2004 — Community groups and others looking for funding to help develop a proposal for a housing project are being invited to apply for Seed Funding from the Government of Canada through Canada Mortgage and Housing Corporation (CMHC). The Honourable Joseph Fontana, Minister of Labour and Housing, today announced that CMHC would begin accepting …
  • Hamilton Shelter Opens its Doors and Offers Spiritual Healing to Women at Risk
    HAMILTON, Ontario, November 12, 2004 — The Native Women's Centre, a new 15-bed shelter for Aboriginal women and their children, held a ribbon-cutting ceremony in Hamilton today to mark its official opening. The centre was made possible thanks to funding from the Government of Canada and the Government of Ontario. "The construction of this shelter demonstrates the Government of Canada's …
  • Seed Funding Now Available for Affordable Housing Projects
    LONDON, Ontario, November 12, 2004 — Community groups and others looking for funding to help develop a proposal for a housing project are being invited to apply for Seed Funding from the Government of Canada through Canada Mortgage and Housing Corporation (CMHC). The Honourable Joseph Fontana, Minister of Labour and Housing, today announced that CMHC would begin accepting applications …
  • Affordable Housing for Seniors Being Built in St. James
    WINNIPEG, Manitoba, November 12, 2004 – Low to moderate income seniors living in St. James will soon have access to more affordable housing with the development of 24 apartment units in a new four storey building. The funding to the St. James Kiwanis Courts & Lodge is from the Canada-Manitoba Affordable Housing Initiative (AHI). Total project costs for the project are estimated at …
  • Former University Residence Transformed Into Innovative Youth Housing Project
    PETERBOROUGH, Ontario, November 12, 2004 — Abbott House, Peterborough's only second-stage youth housing facility, held an official opening event today, as local dignitaries, residents and support staff celebrated with a ribbon cutting. The acquisition of the former Trent University residence was made possible by $331,700 in capital funding through Canada Mortgage and Housing …
  • Site Visit — 16 New Affordable Housing Units for Seniors in Saint-Pamphile
    SAINT-PAMPHILE, Québec, November 15, 2004 — Semi-independent seniors will soon have more affordable housing options thanks to the construction of 16 new housing units on Du Foyer Street, in Saint-Pamphile. This announcement was made today by the Honourable Jean-C. Lapierre, Minister of Transport and Political Lieutenant for Quebec, on behalf of the Honourable Joseph Fontana, …
  • CMHC Makes Home Financing Easier
    OTTAWA, Ontario, November 17, 2004 – Canada Mortgage and Housing Corporation (CMHC) is introducing enhancements to its mortgage loan insurance products and policies that will make it easier for Canadians to finance their homes announced the Honourable Joe Fontana, Minister of Labour and Housing. "The Government of Canada understands that changing demographics, evolving lifestyles and …
  • Save on Home Energy Costs Thanks to New CMHC Initiatives
    OTTAWA, Ontario, November 18, 2004 – The Government of Canada, through Canada Mortgage and Housing Corporation (CMHC), is introducing two new federal energy efficiency initiatives to help meet Canada's climate change objectives and provide cleaner air and healthier communities for all Canadians, announced the Honourable Joe Fontana, Minister of Labour and Housing, this morning. …
  • New Assisted Living Units for the North
    BULKLEY VALLEY, British Columbia, November 19, 2004 — Moderate-income seniors are one step closer to additional affordable housing and care services with today's announcement of 22 new Independent Living BC (ILBC) units being developed in two communities in the Bulkley Valley. Five ILBC units will be located in Houston and 17 ILBC units located in Burns Lake. These assisted living units …
  • New Assisted Living Units for the North
    KITIMAT, British Columbia, November 19, 2004 — Moderate-income seniors are one step closer to additional affordable housing and care services with today's announcement of 15 new Independent Living BC (ILBC) units being developed in Kitimat and 22 units that will be converted for assisted living in Pouce Coup. These assisted living units will provide affordable apartments, hospitality …
  • Assisted Living Development Breaks Ground
    KELOWNA, British Columbia, November 22, 2004 — Lower income seniors and individuals living with disabilities in Kelowna will have more options for affordable housing with the addition of 52 new assisted living units as construction starts on phase two of Mountainview Village. Construction on the new phase is expected to be completed by December 2005. The assisted living units are funded …
  • 47 Social and Community Housing Units in Saint-Basile-le-Grand
    SAINT-BASILE-LE-GRAND, Québec, November 22, 2004 — Low-income families and individuals in Saint-Basile-le-Grand now have more affordable housing options thanks to the construction of 47 new housing units. This announcement was made today by the Honourable Jacques Saada, Minister of the Economic Development Agency of Canada for the Regions of Quebec and Minister responsible for La …
  • Growing Usage of the Internet When Shopping for a Mortgage
    TORONTO, Ontario, November 22, 2004 — In 2004, the proportion of consumers who say they would submit personal information when applying for a mortgage through the Internet has effectively doubled from 14% in 1999 to 29% today, according to results of the sixth annual survey of Canadian mortgage consumers. The survey conducted by Canada Mortgage and Housing Corporation explores consumer …
  • Inauguration of Résidence du Fort — 36 New Housing Units for ...
    COTEAU-DU-LAC, Québec, November 22, 2004 — Seniors now have more affordable housing options thanks to the construction of 36 new housing units on Gaudreau Boulevard, in Coteau-du-Lac. This announcement was made today by the Honourable Jacques Saada, Minister of the Economic Development Agency of Canada for the Regions of Quebec and Minister responsible for La Francophonie, on …
  • More than one in four homebuyers used a mortgage broker this year
    Toronto, November 22, 2004 – Mortgage brokers in Canada are expected to arrange over $39 billion in mortgages this year, as they continue to resonate among Canadian homebuyers, according to Andrew Moor, president and CEO of Invis, the largest independent mortgage brokerage in Canada. This represents a nine per cent increase over the $35.9 billion in mortgages Canadians arranged through …
  • Aboriginal and Government Housing Experts Discuss Improving Housing Conditions ...
    OTTAWA, Ontario, November 25, 2004 — Representatives of federal, provincial and territorial governments, Aboriginal organizations and communities, and Aboriginal housing experts discussed approaches to improving the housing conditions of Aboriginal peoples at a meeting in Ottawa on November 24 th and 25 th . The Housing Sectoral Session is one of seven follow-up sessions to the …
  • Night Light for Niagara Youth
    NIAGARA FALLS, Ontario, November 25, 2004 — The Night Light Youth Shelter opened its doors today. The new six-bed shelter will allow The Boys and Girls Club of Niagara to offer improved services to abused and homeless youth. "Providing a safe and secure environment to our youth is vital," said the Honourable Tony Valeri, Leader of the Government in the House of Commons, on behalf of the …
  • New Affordable Housing will Help Meet Seniors' Needs
    VANCOUVER, British Columbia, November 26, 2004 — Lower income seniors in need of affordable housing and care are one step closer to having their housing needs met with the construction of a 56-unit assisted living development. The official groundbreaking ceremony for Clarendon Court took place today. The new development, which will provide affordable apartments and support services for …
  • CMHC Resumes Mortgage Insurance Coverage on Homes in Keeprite Area
    BRANTFORD, Ontario, November 26, 2004 — Effective immediately, the Canada Mortgage and Housing Corporation will be considering applications for mortgage loan insurance in the Keeprite area of Brantford. My staff and I have been working closely with Minister Fontana and the CMHC on this issue and I am pleased that CMHC is now insuring housing loans using the standard underwriting …
  • Partners Create More Affordable Housing in London
    LONDON, Ontario, November 26, 2004 — A sod-turning ceremony was held today to mark the beginning of construction for a $12 million affordable housing project in the City of London. The project, including $2.43 million from the Canada-Ontario Affordable Housing Program, will provide 90 apartments of affordable housing for low-income residents in London. The Honourable Joe Fontana, …
  • CMHC Expands Mortgage-Backed Securities to Include Variable Rate Mortgages
    OTTAWA, Ontario, November 26, 2004 — Canada Mortgage and Housing Corporation (CMHC) is introducing enhancements to the National Housing Act Mortgage-Backed Securities (NHA MBS) Program as well as the Canada Mortgage Bonds (CMB) Program, announced the Honourable Joe Fontana, Minister of Labour and Housing. "The enhancements CMHC is making to the NHA MBS and CMB Program support the …
  • Ministers Accelerate Affordable Housing and Move Forward on a New Housing ...
    GATINEAU, Quebec, November 30, 2004 — Federal-Provincial-Territorial ministers responsible for housing met today to discuss improvements to current programs, developing a long term approach to provide a continuum of housing and a process for increased co-operation. Ministers discussed the need for greater flexibility and sustainability to make housing more responsive to the different …

 

 
Apply for Mortgage
 
Canadian Mortgage Rates
 
We will provide you with advice and information on related services for your house purchase, such as legal services, recommended realtors, home inspectors and appraisers. There is no cost or obligation and our services will save you time and money.
For Canadian Mortgages Call 1-800-604-1864
CanEquity