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July 2008 National Archive

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Mortgage News & Press Releases - July 2008

  • London Celebrates New Affordable Housing
    LONDON, Ontario, July 04, 2008 — The Government of Canada, the Government of Ontario, and the City of London today celebrated the opening and start of construction of 97 new affordable rental units in three London projects. These projects are supported by over $4 million in funding through the Canada – Ontario Affordable Housing Program. Dave MacKenzie, Member of Parliament for …
  • Housing Starts Remain High in June Despite Decrease
    OTTAWA, Ontario, July 09, 2008 — The seasonally adjusted annual rate 1 of housing starts was 217,800 units in June, down from 227,700 units in May, according to Canada Mortgage and Housing Corporation (CMHC). “Despite the decrease in June, total housing starts remain at high levels.” said Bob Dugan, Chief Economist at CMHC’s Market Analysis Centre. “This is …
  • Construction Begins on Affordable Housing Project in Owen Sound
    OWEN SOUND, British Columbia, July 11, 2008 — The Government of Canada, the Government of Ontario and the County of Grey today celebrated the start of construction of Bluewater Ridge, an affordable housing project that will provide 37 rental units for low-income families and individuals under the Canada – Ontario Affordable Housing Program. Larry Miller, Member of Parliament for …
  • Government of Canada Supports Women at Risk in Prince Edward Island
    CAPE BRETON, Prince Edward Island, July 15, 2008 — The Government of Canada and a First Nation community officially opened the Chief Mary Bernard Memorial Women’s Shelter today. The project creates five units for women and their children who are leaving domestic violence situations. “The Government of Canada is delivering on its commitment to help the homeless or those at …
  • Affordable Housing Project Opens in Baker Brook
    BAKER BROOK, New Brunswick, July 19, 2008 — The Government of Canada and the Province of New Brunswick officially opened an affordable housing project in Baker Brook, New Brunswick today, funded under the Canada – New Brunswick Affordable Housing Agreement. The project, developed by La Société d’habitation de Baker Brook, creates 10 new affordable housing units …
  • New Affordable Housing Project Opens in Port Colborne
    PORT COLBORNE, Ontario, July 29, 2008 — The Government ofCanada, the Government of Ontario, Niagara Region and the City of Port Colborne today celebrated the official opening of 15 new affordable housing apartments. The Community Living Port Colborne – Wainfleet project received over $1 million in funding under the Canada – Ontario Affordable Housing Program. The ceremony …
  • CMHC Announces Expansion of CMB Program
    OTTAWA, Ontario, August 31, 2008 — Canada Mortgage and Housing Corporation (CMHC) today announced that the Canada Mortgage Bonds (CMB) Program will be expanded to include a CMB with a 10-year maturity. “In the past year, when mortgage lending institutions across many countries have faced liquidity and funding challenges, Canada’s CMB Program has provided cost-effective …

 

 
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