homebuilding Archives - Mortgage Rates & Mortgage Broker News in Canada

Ontario to table bill to speed up home building as 1.5M target not on track

May 12, 2025 1 Comment

Ontario’s housing minister is introducing legislation today intended to speed up the construction of new homes, as he admits the province isn’t currently on track to meet its goal of getting 1.5 million homes built over 10 years.

Canadian building permit values fell 3.2% in January

March 13, 2025 No Comments

The total value of building permits issued in Canada fell 3.2% in January, reaching $12.8 billion, according to Statistics Canada. The decline was mostly due to a drop in residential construction plans.

Rise of the robots: Some homebuilders turning to automation to bridge labour shortage

March 9, 2025 No Comments

At a housing construction site in Gananoque, Ont., Val spends nearly two months laying concrete, used to build 26 stacked townhouse units.

U.S. tariffs set to slow pace of homebuilding in Canada: CHBA

March 4, 2025 No Comments

Canada’s building industry is warning that a trade war with the United States will slow down the pace of home construction.

CMHC reports annual pace of housing starts up eight per cent in October

November 18, 2024 No Comments

Canada Mortgage and Housing Corp. says the annual pace of housing starts in October rose eight per cent compared with September.

Ontario Finance Minister Peter Bethlenfalvy

Ontario lowers projections for how many new homes will be built

October 30, 2024 No Comments

Ontario is lowering its projections for how many new homes will get built in the province over the next few years, putting the government further off the pace needed to meet its target.

How modular housing could speed up construction of much-needed homes

August 5, 2024 No Comments

For a country with such a severe shortage of housing, the way Canada builds homes hasn’t changed that much since the country was founded.

In federal budget, Ottawa looks to Canada Post land for building housing supply

April 16, 2024 No Comments

The federal government is eyeing underutilized Canada Post and National Defence properties as a way to deliver affordability and supply to the country’s housing market.

New homes are constructed in Ottawa on Monday, Aug. 14, 2023. THE CANADIAN PRESS/Sean Kilpatrick

February housing starts increased 14% from January: Canada Mortgage and Housing Corp

March 15, 2024 No Comments

The pace of home construction rose in February as builders started on more apartments and condos, but the industry continues to struggle under cost pressures.

homebuilding