Tag: housing policy Canada
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Ontario’s New Housing Bill 98 Is Facing Backlash – Critics Say It Could Slow Development
Ontario’s latest housing legislation is already drawing criticism – with some experts warning it could actually make the housing crisis worse. Bill 98, also known as the Building Homes and Improving Transportation Infrastructure Act, 2026, is being positioned as a way to speed up housing construction. But critics say it may do the opposite. Thinking about…
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Canadians Would Pay 75% More Interest With 40-Year Mortgages, Says PBO
Canada is once again debating longer mortgage amortizations as a way to fix housing affordability. But a new analysis from the Parliamentary Budget Officer (PBO) warns the idea may create more problems than it solves. While a 40-year mortgage lowers monthly payments, borrowers end up paying 75% more interest over the life of the loan. The report…
Canada Housing Market 