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So far through 2023, headline housing starts using seasonally adjusted rates have been stronger than anticipated – under much higher interest rates. However, data from the Canada Mortgage and Housing Corporation (CMHC) shows that housing starts for the year to date (to October) in Canadian centres with a population of more than 10,000 people is down seven per cent compared to last year.
By Nicole Storeshaw, Director, Government Relations, CHBA After years of consistent advocacy from the Association and our members, the federal government announced the removal of the Goods and Services Tax (GST) on purpose-built rental (PBR) projects as of Sept. 14, 2023. This measure will go a long way to improving the viability of PBR, an important part of the housing...
Interior Design Show Toronto, presented by Miele, is back Jan. 18 to 21, 2024 at the Toronto Convention Centre, for its 25th year. IDS celebrates and promotes the best in global and Canadian design, from emerging designers to legacy brands. It is a platform to launch never-before-seen products and design solutions for the future. On the show floor, besides the...
If you’ve ever been curious about what the inside of a modular factory looks like, Rick Weste, president and CEO of Triple M Housing Ltd., would be a great tour guide. When he’s not out bow hunting (he’s a national archery champion), hiking or volunteering his time with CHBA, Weste is hard at work at Triple M, which he likes to think the 3 M’s of as standing for Making Modular Mainstream.
Without necessarily knowing it, Owens Corning is widely recognized. The company manufactures fibreglass insulation, shingles and roofing accessories, as well as mineral wool and extruded polystyrene rigid insulation, installed in a significant number of buildings and homes from coast to coast. A look back at 80 years of innovation and environmental awareness by an industrial giant easily recognizable by...
I’m lucky to have had the opportunity to travel coast-to-coast from Newfoundland to Regina to Whistler to hear from members across the country.
With building codes increasingly tightening the building envelope and boosting insulation levels, and federal and provincial grants incentivizing energy retrofits, it’s important to know the basics when it comes to insulating a home. Here’s a quick overview of the options for sealing the gaps. Fibreglass batts Fibreglass batts are the most affordable and one of the easiest options to install, making...
The Buildings Show, held Nov. 29 to Dec. 1 at the Metro Toronto Convention Centre, has wrapped up, with Canada's building industry attending en masse to make the right connections and drive the industry forward.
Purchase financing is not just a payment option but a growth driver for businesses, irrespective of their industry. Whether it's a retail establishment selling high-value products or services such as kitchen renovations, furniture, bathroom remodels or flooring, customer hesitation often originates from financial constraints.
Bureaucratic red tape, along with exceedingly lengthy development approvals processes and hefty taxes, fees, levies and other charges are taking a significant toll on housing affordability and supply.