Category: News
More Affordable Homes
Fairness for every generation means making housing affordable for every generation. For generations, one of the foundational promises of Canada’s middle class dream was that if you found a good job, worked hard, and saved money, you could afford a home. For today’s young adults, this promise is under threat. Rising rents are making it…
Canada relaxes some mortgage rules to tackle housing crisis
Government increasing cap on insured mortgages, expanding 30-year loans to more buyers Finance Minister Chrystia Freeland on Monday announced changes to some mortgage rules as part of an effort to make housing more affordable, although some housing experts are doubtful that the new measures will have a meaningful long-term impact on housing affordability and say they might even…