The Government of Canada has revealed plans to begin consultations in early January 2024 on a housing design catalogue initiative. This step is in line with what the government of the day tried between 1950s and 1970s to address post-war housing shortages.
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A 2022 report titled, “The Real Economy, Canada,” found that while most industries gained jobs, the construction industry lost over 23,000 in April and June, despite the pent-up demand in the overall labour market.
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Canada Mortgage and Housing Corporation (CMHC) says housing starts totalled 201,936 units on an annualized basis last month, up from 197,847 units in June. Starts were also up on an actual basis, but the seasonally adjusted annual rate (SAAR) fell over the same period.
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Canada Mortgage and Housing Corporation (CMHC) announced the country’s April housing starts stabilized at 195,064 units from 196,103 in March. The total is based on a trend that is a six-month moving average of the monthly seasonally adjusted annual rates (SAARs) of housing starts.
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The Canada Mortgage and Housing Corporation’s (CMHC’s) annual report states 308,820 units were insured in 2014. Over the past year, the corporation kept its focus on housing needs, and in support of the government’s efforts to reduce taxpayer exposure to the housing sector, it made important changes to its mortgage loan insurance and securitization programs.
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According to a Canada Mortgage and Housing Corporation (CMHC) report, 2015 housing starts are predicted to range between 154,000 and 201,000 units, while 2016 will see starts ranging from 148,000 to 203,000.
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The last decade of increased awareness and availability of low-water consumption plumbing fixtures and touchless actuators has led to wide industry acceptance. Across the country, building codes have begun to drive even lower water consumption standards. However, as this new low-flow culture takes root, it becomes clear we, as a nation, are not quite there yet.
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