Tag: news
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Canada Needs 3.5 Million Homes – Why Backyard Suites May Be the Fastest Housing Solution
As Canada’s housing affordability crisis continues to strain households, urban planners and policymakers are increasingly turning their attention to one overlooked solution – secondary suites. Basement apartments, garden suites, and laneway homes could add thousands of new housing units across Canadian cities without requiring large-scale new developments or major infrastructure expansion. Housing experts say these…
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Best Cities to Raise a Family in Alberta – 2026 Guide
Alberta remains one of Canada’s most appealing provinces for families thanks to relatively affordable housing (compared to other provinces), strong job markets, excellent schools, and access to outdoor recreation. Whether you’re drawn to urban centres with diverse amenities or quieter cities with family-oriented communities, Alberta offers a range of options designed to support long-term family…
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How Much Canada’s $50K GST Rebate Could Save You at Different Home Prices
Canada’s proposed $50,000 GST rebate for first-time home buyers could significantly reduce the cost of purchasing newly built homes if the policy becomes law. The measure is part of Bill C-4, the Making Life More Affordable for Canadians Act, which would temporarily eliminate the 5 percent federal GST on qualifying new homes for eligible first-time…
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How Much Property Taxes Cost Across Ontario in 2026 – What Homeowners Are Paying
Last updated March 2026 Property taxes are one of the biggest ongoing costs of owning a home in Ontario. Unlike mortgage rates, which fluctuate with interest markets, Ontario property taxes are set every year by your local municipality and used to pay for schools, roads, emergency services, transit and more. In 2026, many Ontario cities…
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Ontario’s Housing Budget Cuts Explained: What Buyers, Renters, and Investors Lose in 2026
Ontario’s housing market has been under intense pressure for years, with skyrocketing home prices, limited rental supply, and growing affordability challenges. Now, budget cuts at the federal level are adding a new layer of complexity, sparking confusion and concern among homebuyers, renters, and investors alike. This article breaks down the housing budget cuts affecting Ontario…
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The Great Canadian Shift Away From Big Cities Is Accelerating
Canada’s long-running shift toward big-city living appears to have hit a turning point. New population estimates from Statistics Canada (StatCan) show urbanization stalled in 2025 for the first time in decades, as both residents and newcomers increasingly bypass the country’s largest and most expensive metropolitan areas. The data suggests the migration toward smaller cities, towns,…
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Canadian Rental Vacancies Are Rising, But Rents Still Outpace Wages: CMHC
Canada’s rental market is showing early signs of relief on supply, but affordability remains firmly out of reach for many tenants. New data from the Canada Mortgage and Housing Corporation (CMHC) shows rental vacancy rates climbed sharply in 2025, reaching their highest level in four years. Despite this increase, rents continue to rise faster than…
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Why Alberta Is Still Canada’s Top Migration Magnet Heading Into 2026
Despite higher interest rates and a slower national housing market, Canadians are still moving to Alberta in large numbers heading into 2026. For buyers and renters priced out of Ontario and British Columbia, Alberta continues to stand out as one of the few provinces offering a rare mix of affordability, job opportunities, and lifestyle. This…
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Canada Cuts Housing Budget 56% Despite Crisis – PBO Warns CMHC Funding at Risk
Canada’s federal housing strategy just took another major hit. According to a new report from the Parliamentary Budget Officer (PBO), Ottawa is set to cut housing spending by 56% over the next few years, even as affordability hits historic lows. The PBO also warns that the CMHC is facing deep funding reductions that could affect…
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Canadian Families Expected to Pay $1,000 More for Groceries in 2026, New Report Warns
Canadian households should brace for another year of rising food costs, with the latest Canada’s Food Price Reportforecasting that grocery bills will climb again in 2026. The annual report – released by Dalhousie University alongside researchers from universities nationwide – estimates that the average family of four will spend an additional $1,000 next year just to buy the…
Canada Housing Market 