Municipal governments are starting to put green standards in place for developers and builders to follow to help protect the planet. But will it really work?
The Canadian government has promised $450.8 million over a 10-year period to Manitoba, with the funds to be dedicated to the maintenance and development of community housing across the province.
“The Government of Canada is committed to ensuring that every Canadian has a safe and affordable place to call home. Long-term, predictable funding for housing has been needed for more than a decade,” according to Adam Vaughan, Parliamentary Secretary to the Minister of Families, Children and Social Development (Housing and Urban Affairs).
“Today, with the Manitoba Government, we have taken a significant step toward our goal of building strong communities where Canadian families can prosper and thrive, now and for the future.”
The funds will also “support Manitoba’s priorities related to housing repair, construction, and affordability,” Vaughan added.
This investment is part of the federal government’s stated aim to improve the supply of new affordable homes across Canada by 15%, as well as renovate around 20% of current social housing units nationwide.
“By signing this bilateral, we are committing to a decade of strategic investments that will make a difference in the lives of children, families, seniors, vulnerable people and many others,” according to the Honourable Heather Stefanson, Minister, Manitoba Families.
“Manitoba is continuing on its path to become Canada’s most improved province by working in partnership with the federal government and many other critical agencies and organizations who share our dedication to housing issues.”
The survey shows that buying a home in a major city centre has risen 5% since last year.
The more time and money a developer spends navigating the extensive labyrinth of procedural processes, the costlier it becomes to build a new home.The more time and money a developer spends navigating the extensive labyrinth of procedural processes, the costlier it becomes to build a new home.
Coming to Toronto May 14-15 is an in-person event discussing multifamily investing and the benefits it can have for new and experienced investors.
For Real Estate News and Market Updates & VIP Access to Exclusive Real Estate Investment Opportunities
Canadian Real Estate Wealth Media Corp. needs the contact information you provide to us to contact you with news and market updates and to share real estate investment opportunities. You may unsubscribe from these communications at any time. For information on how to unsubscribe, as well as our privacy practices and commitment to protecting your privacy, please review our Privacy Policy.
Many Torontonians and GTA investors perceive Windsor in a different light. But the reality is, it's a growing city that has much to offer investors, homebuyers, students, immigrants, and retirees alike.
While Calgary has continued to increase in popularity, prices have remained steady unlike in markets like Toronto and Vancouver. It holds many benefits for investors.
The Scott McGillivray Real Estate Fund helps people understand passive real estate investing. Scott McGillivray himself has been speaking to people about how to invest in real estate for over 15 years.
From February 2022 to April 2022, there have already been significant price decreases. However, that doesn't mean affordability is around the corner.
According to OSFI, the real estate market in Canada has seen a massive run-up resulting from low-interest rates and supply/demand imbalances.
“Sign up for our daily newsletter to get the latest news, updates and offers delivered directly to your inbox.”