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August 2006 National Archive

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Mortgage News & Press Releases - August 2006

  • City Oasis Apartment Complex Opens in Downtown Winnipeg Will Benefit Seniors ...
    WINNIPEG, Manitoba, August 5, 2006 — The successful partnership between the Winnipeg Housing and Homelessness Initiative (WHHI) and the Indochina Chinese Association of Manitoba (ICAM) has culminated with the completion of the City Oasis Apartment Complex in downtown Winnipeg. The project was made possible with the help of over $1.85 million from the Government of Canada, Province of …
  • Multiple Starts Posted Another Strong Result in July
    OTTAWA, Ontario, August 9, 2006 — The seasonally adjusted annual rate 1 of housing starts was 236,500 units in July, marginally up from June by 100 units, according to Canada Mortgage and Housing Corporation (CMHC). “The strong results achieved this past month were attributable to the performance of the multiple starts registered in Ontario and British Columbia, which countered …
  • Housing Starts Will Slow in 2007
    OTTAWA, Ontario, August 14, 2006 — Housing starts will register another strong year in 2006, according to Canada Mortgage and Housing Corporation’s (CMHC) third quarter Housing Market Outlook, Canada Edition report. Starts will reach 227,900 units in 2006, before decreasing to 209,100 units next year. Although residential construction will ease, 2007 will mark the sixth consecutive …
  • New Affordable Housing Units for Saint-Quentin
    SAINT-QUENTIN, New Brunswick, August 18, 2006 — Non-elderly singles in Saint-Quentin will have access to more affordable housing with the official opening of "Gilles Bossé Construction". The ten unit housing complex received $325,000 in funding under the Canada – New Brunswick Affordable Housing Agreement. The Honourable Greg Thompson, Minister of Veterans’ Affairs …
  • $2 Million Allocated for Affordable Housing in Guelph
    GUELPH, Ontario, August 21, 2006 — The Government of Canada, the Government of Ontario and the County of Wellington, who have partnered with the City of Guelph, held two ribbon-cutting ceremonies today to mark the official opening of 77 units of affordable housing in two buildings providing homes for lower-income individuals, seniors, and families. Harold Albrecht, Member or Parliament …
  • Plaque Dedication Ceremony Marks Renovation of Welland Mills Project
    THOROLD, Ontario, August 21, 2006 — The Government of Canada, the Government of Ontario, Niagara Region and the City of Thorold held a plaque dedication ceremony at the Welland Mills affordable housing project. The project will create 18 units of affordable housing in the City of Thorold under the Canada – Ontario Affordable Housing Program. The Honourable Robert Nicholson, Member …
  • St. Catharines Families Benefit from Rental Unit Conversion
    ST. CATHARINES, Ontario, August 22, 2006 — Exothermal Industries celebrated today the official opening of 19 new affordable rental units at the James Street Lofts. Located in the old Stokes Seeds warehouse in downtown St. Catharines, the conversion project received federal funding of $456,000 through Canada Mortgage and Housing Corporation's (CMHC) Residential Rehabilitation Assistance …
  • Affordable Rental Housing Opens in Prince Albert
    PRINCE ALBERT, Saskatchewan, August 23, 2006 — Thanks to a federal, provincial and municipal funding partnership totaling $450,000, eleven affordable, family rental housing units in Prince Albert officially opened today The housing project was undertaken by the PA Community Housing Society Inc. (PACHSI) and supported through the Centenary Affordable Housing Program (CAHP), part of …
  • Affordable Housing Funds Allocated
    WHITEHORSE, Yukon, August 23, 2006 — The Governments of Canada and the Yukon today announced their commitment to a six-unit senior's housing complex to be constructed in Haines Junction. Funding is provided under the Canada - Yukon Affordable Housing Program Agreement. Yukon Housing Corporation (YHC) officials have been working with key stakeholders in Haines Junction towards the …
  • Construction Begins on Affordable Housing Project for Seniors in New Tecumseth
    ALLISTON, Ontario, August 23, 2006 — The Government of Canada, the Government of Ontario, the County of Simcoe and the Town of New Tecumseth celebrated the start of construction for an affordable housing project that will create 33 units of affordable housing for seniors in the Town of New Tecumseth under the Canada - Ontario Affordable Housing …
  • Safe, Supportive Haven for Low Income Individuals Opens in Edmonton
    EDMONTON, Alberta, August 23, 2006 — An 18-unit long-term supportive, bachelor apartment building designed for low-income individuals was formally dedicated and officially opened today in the city's McCauley neighbourhood. Stollery Place, named in honour of the Stollery family of Edmonton, is located at 10554 - 96 Street and is designed to accommodate individuals at risk of becoming …
  • Nearly $12 Million Approved for New Affordable Housing Projects
    EDMONTON, Alberta, August 24, 2006 — Albertans in Calgary, Edmonton, Fort McMurray and High Prairie will have access to 150 new affordable housing units, thanks to almost $12 million in funding allocated under phase two of the Canada – Alberta Affordable Housing Program. The Canada – Alberta Affordable Housing Program assists in the creation of sustainable rental housing for …
  • Affordable Housing Project Opens in Bonnechere Valley
    BONNECHERE VALLEY, Ontario, August 24, 2006 — The Government of Canada, the Government of Ontario, the County of Renfrew and the Township of Bonnechere Valley held a ceremony today to mark the opening of Fairfields, an affordable housing project that creates 24 units of affordable housing in the Township of Bonnechere Valley under the Canada – Ontario Affordable Housing Program. …
  • Ontario Communities Get $90 Million Boost for Affordable Housing
    TORONTO, Ontario, August 25, 2006 — The Government of Canada and the Government of Ontario today allocated almost $90 million to create approximately 1,900 new affordable housing units in 21 towns and cities across Ontario under the Canada – Ontario Affordable Housing Program. The announcement was made by the Honourable Diane Finley, Minister of Human Resources and Social …
  • Affordable Apartments Repaired With Federal Funding in Nelson
    NELSON, British Columbia, August 28, 2006 — The completion of renovations to Alpine Lake Suites, an affordable housing development in Nelson, was celebrated today with federal officials, the owners of the development, Doug Main and Anne Gover, as well as residents and project partners. Canada Mortgage and Housing Corporation (CMHC) provided funding of $428,571 through its Residential …
  • Affordable Seniors’ Housing to be Built in Strasbourg
    STRASBOURG, Saskatchewan, August 30, 2006 — Construction of sixteen new affordable housing units for low to modest-income seniors officially began today with a sod turning ceremony in the town of Strasbourg. The two-bedroom, life-lease units are being constructed under the Centenary Affordable Housing Program (CAHP) with funding assistance from the Canada Mortgage and Housing …
  • CanEquity Launches Comprehensive Mortgage Statistics Site
    CALGARY, Alberta, August 31, 2006 — CanEquity Mortgage has just announced the release of their comprehensive mortgage statistics to the public, viewable online. CanEquity's Canadian Mortgage Statistics site contains summarized, comparative information on topics such as application origination, product popularity, peak hours, days, and months, residential and marital stats, average …


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