Liberals pledge $1 billion for cities to buy motels, hotels for rapid-housing program | Ontario Construction News

September 24, 2020 by Mark Buckshon For the next six months, the federal government is planning to spend $1 billion to provide shelters to the community so no one becomes homeless amid the pandemic. According to Social Development Minister Ahmed Hussen, the program will only take applications for projects to quickly build or buy units…

Details

Canada’s housing recovery is slowing down in September: CREA | Livabl

September 15, 2020 by Sean MacKay According to Canadian Real Estate Association Senior Economist Shaun Cathcart, it looks like the sales activity in September will not match the blistering pace seen in July and August, both record-breaking months for transactions. “Despite some record monthly highs and lows this year, with eight months now in the…

Details

Mayors push Liberals on plan to buy distressed properties for affordable housing | CTV News

September 12, 2020 by Jordan Press In order to help the cities provide affordable housing, the Federal officials are finalizing the details of a program to help the cities in buying properties that were left vacant due to the pandemic. To avoid people from falling into homelessness heading into the winter with temporary shelter measures…

Details