Policy

Minister of Finance Katrine Conroy on Thursday, February 22, unveiling Budget 2024.
Policy

Flipping Tax, Property Transfer Tax Improvements Coming Via BC Budget 2024

​The changes to the existing Property Transfer Tax will come into effect in April 2024, while the new Flipping Tax will come into effect on January 1, 2025.

Policy

Province Awards $25.5M To Brampton For Reaching 85% Of Housing Target

“These funds can be used by the city for infrastructure projects that lay the groundwork for more housing and community development,” Premier Ford said at a press conference on Friday morning.

Policy

Ford Gives Toronto $114M For Exceeding Housing Targets

Of the $114M, $38M is an additional bonus for exceeding Toronto's provincially mandated housing target by 51%.

Policy

New Rules For Rooming Houses Go Into Effect In Toronto Next Month

The new rules will go into effect on March 31, 2024, and include a licensing requirement for all rooming house operators.

Edmonton

Edmonton Receives $175M From Federal Housing Accelerator Fund

The Housing Accelerator Fund announcement was made by Prime Minister Justin Trudeau, alongside Mayor of Edmonton Amarjeet Sohi.

Policy

Will Canada Really Need 5.8M New Homes By 2030?

CMHC's estimate has been upheld as the gold standard of supply targets since it was introduced in 2022. But what if it was wrong?

Policy

BC United Releases Housing Platform Ahead Of 2024 Provincial Election

Led by Kevin Falcon, BC United's housing platform for the 2024 election includes eliminating PST on new residential construction and a rent-to-own program.

Policy

“A Total Distraction”: Experts Skeptical As Governments Zero In On Foreign Home Buyers

This week brought separate maneuvers from the City of Toronto and Government of Canada to crack down on foreign home buyers, but housing market stakeholders fear that it’s all not much more than “political feed-good.”

Policy

Feds’ Foreign Buyer Ban Slashes Revenue From Toronto’s Proposed Speculation Tax By 36%

Toronto City Council will vote on a new municipal speculation tax to clamp down on foreign homebuyers this Tuesday, but the potential revenue from the tax has dropped from around $15M to $9.6M now that the feds have extended their foreign buyer ban.

Policy

Majority Of Ontario Municipalities Didn't Meet Their 2023 Housing Targets

More than 30 municipalities didn't hit their provincially imposed housing targets last year, meaning they will not receive Building Faster Fund Money from the Ontario Government.