Mastodawn

This is not only to acquire and inventory but to FUDGE THE MARKET.

Canadian company buying up $30M worth of unsold condos in downtown #Toronto... and it's just getting started! https://www.cp24.com/local/toronto/2026/05/12/montreal-based-real-estate-company-buys-30-million-worth-of-condos-near-toronto-metropolitan-university/ #hogtown #condocollapse #CMHC #cdnpoli #cdnecon

Canadian company buys up $30M worth of unsold condos in downtown Toronto -- it says it’s just getting started

A Canadian real estate company is eyeing Toronto’s soft condo market as it looks to buy $500-million worth of unsold units, starting with a $30-million 'bulk' purchase steps from Toronto Metropolitan University.

CP24

CBC Kitchener-Waterloo May 15

New 41-unit affordable apartment building opens in downtown Kitchener church
Indwell, a Christian charity operating in southern Ontario, partnered with St. Peter's Church to open a new 41-unit affordable apartment building in downtown Kitchener. The project is called Magnolia Apartments and it received funding from the Canada Mortgage and Housing Corporation, the Regional Municipality of Waterloo, as well as local individuals and businesses. ...
https://www.cbc.ca/player/play/9.7200720?cmp=rss

Global News Jan 16

CMHC cancels housing fund deal with City of Red Deer, council won’t return money
Red Deer city council passed a resolution earlier this week refusing to give back the first installment of funding pending a meeting with the federal housing minister.
#politics #finance #RedDeer #Canada #CanadaMortgageandHousingCorporation #CMHC
https://globalnews.ca/news/11617193/cmhc-cancels-housing-fund-agreement-with-city-of-red-deer-but-council-wont-return-money/

Edwin G.

Jan 5

According to a Canada Mortgage and Housing Corporation report, luxury units drive Montreal vacancy rate higher, but affordable rentals remain scarce

https://montreal.citynews.ca/2026/01/05/montreal-vacancy-rate-affordable-rentals/
- - -
Selon un rapport de la Société canadienne d’hypothèque et de logement, les unités luxueuses augmente le taux d’innocupation de logement à Montréal, mais les locations abordables restent peu nombreuses

// Article en anglais //

#Montréal #Housing #Logement #CMHC #SCHL

Luxury units drive Montreal vacancy rate higher, but affordable rentals remain scarce: CMHC

The Greater Montreal region recorded a rental vacancy rate of 2.9 per cent last year, up from about 1.5 per cent two years earlier, according to the Canada Mortgage and Housing Corporation’s 2025 rental market report. Housing advocates say the higher vacancy rate does not reflect improved access to affordable housing. “The problem with taking […]

CityNews Montreal

Show thread

Kevin Russell Jul 10, 2025

@sbv

Liberals stopped building houses, as they had for decades. That is what happened. Billy fell off his bicycle. Sarah bought an ice cream cone. Planes flew overhead, and Liberals stopped building residential units.

Conservatives also built no housing, but they didn't "stop"- just kept serving the rich.

Immigration increases economic activity far beyond its costs.

So racists have to lie about its economic effect, because using racism is very exposing.

#canada #cdnpoli #racisn #cmhc

Stephen Elliott~Buckley May 2, 2025

Mr. Carney Goes to Ottawa:

How is he fucking us over?

https://www.cbc.ca/player/play/9.6746091

Right off the bat, in #Carney's first press conference, no public, social housing.

Instead, "$25b in financing to private developers" in Build Canada Homes, ignoring #CMHC and the #BankofCanada.

His first neoliberal act was to fuck with the capital gains tax, now more corporate welfare to real estate vultures.

#cdnpoli #canada #mexico #fascism #antifa #elbowsup #housing #poverty #cbc #media #socialhousing

1/5

FULL SPEECH | Carney outlines his government’s priorities in 1st post-election news conference

Prime Minister Mark Carney, speaking in his first press conference since the Liberal election win, said he is focused on building Canada’s economy and plans to meet with U.S. President Donald Trump next week, adding that King Charles will be in Canada for the upcoming speech from the throne.

CBC

Third spruce tree on the left Mar 17, 2025

Not only this, but #Ontario #housing starts (from #CMHC) have been declining YoY for the past 4-5 years.

So much for #dougford 's touted "eliminating bureaucracy and red tape for builders", that was never the problem. Its the fact that a 4BR McMansion in the 905 nets a builder more than a 4plex in Trinity Bellwoods and way more than 4 units of a 100 unit apartment building.

The _only_ way to affordable housing is to give cities the money (or subsidies) to build it.

https://mastodon.bot/@Trillium/114179471678919762

Ontario News Watcher Bot (@[email protected])

@jackhauen: New: Ontario is building far fewer homes than it did this time last year. Ontario has 39% of Canada's population but 27% of starts. Single-detached and condos both way down. "That should be a wake-up call," @MikePMoffatt said. #onpoli … https://twitter.com/jackhauen/status/1901720205048332300

mastodon.bot

Droit de Savoir Gatineau Feb 12, 2025

CMHC interim report on the Limited Dividend Program (LDP) - April 1989

https://bit.ly/CMHC_LDP_report
https://bit.ly/CMHC_LDP_annexes
https://bit.ly/CMHC_LDR_Hull

#DroitDeSavoir
#RightToKnow
#Gatineau
#cmhc
#schl

schl interim limited dividend rapport.pdf - Shared with pCloud

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pCloud

Global News National Nov 18, 2024

Canada’s homebuilding pace ramps up — but here’s where arrears risk grew
The CMHC said the seasonally adjusted annual rate for total housing starts was up by about eight per cent. But not all areas saw the same increases, and arrears risks are rising.
#globalnews #Canada #Consumer #canadamortgageandhousingcorp #CMHC
https://globalnews.ca/news/10874802/canada-housing-starts-october-2024/

Canada’s homebuilding pace ramps up — but here’s where arrears risk grew

The CMHC said the seasonally adjusted annual rate for total housing starts was up by about eight per cent. But not all areas saw the same increases, and arrears risks are rising.

Global News

Global News Canada Nov 18, 2024

Canada’s homebuilding pace ramps up — but here’s where arrears risk grew

The CMHC said the seasonally adjusted annual rate for total housing starts was up by about eight per cent. But not all areas saw the same increases, and arrears risks are rising.

Global News