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May 2009 National Archive

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Mortgage News & Press Releases - May 2009

  • New Affordable Housing Announced in Caraquet
    CARAQUET, New Brunswick, May 04, 2009 — The construction of 24 apartments for low-income seniors and disabled persons was announced today by the provincial and federal governments. The units, to be located in Caraquet, will be funded under Phase III of the Canada – New Brunswick Affordable Housing Agreement. Social Development Minister Mary Schryer, who is also minister …
  • April Housing Starts
    OTTAWA, Ontario, May 08, 2009 — The seasonally adjusted annual rate 1 of housing starts decreased to 117,400 units in April from 146,500 units in March, according to Canada Mortgage and Housing Corporation (CMHC). “The decrease in April's housing starts is partly attributable to the volatile multiple starts segment,” said Bob Dugan, Chief Economist at CMHC's Market Analysis …
  • Affordable Housing in Saskatchewan Gets a $161 Million Boost
    SASKATOON, Saskatchewan, May 19, 2009 — The Government of Canada and the Province of Saskatchewan are partnering on a joint investment to build new and renovate existing affordable housing. This investment will help create jobs, strengthen the economy and improve the quality of life for Saskatchewan families. Both levels of government officially signed an amendment to the Canada – …
  • Housing Activity Will Moderate in 2009, Improve in 2010
    OTTAWA, Ontario, May 19, 2009 — Housing starts are expected to decline to 141,900 for 2009, but increase to 150,300 for 2010, according to Canada Mortgage and Housing Corporation’s (CMHC) second quarter Housing Market Outlook, Canada Edition * report. “The decline in housing starts in 2009 can be attributed to several factors, including the current economic climate, …
  • Habitat for Humanity Northumberland Builds First Home in a First Nation ...
    ALDERVILLE, Ontario, May 30, 2009 — Habitat for Humanity Northumberland and Alderville First Nation are launching the first ever Habitat build in Canada in a First Nation community for a qualifying family. The construction for this home was launched at a community celebration and sod-turning event. The project is the result of a partnership between Alderville First Nation, Habitat for …
  • Renovation Funding a Boost for the Co-Op Housing Sector
    VICTORIA, British Columbia, May 30, 2009 — Speaking to delegates at the Co-operative Housing Federation of Canada‘s (CHFC) Annual General Meeting, Mr. Ed Komarnicki, Parliamentary Secretary to the Honourable Diane Finley, Minister of Human Resources and Skills Development Canada, and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC), today highlighted …


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