Podcasts about Housing Corporation

Francis Cortellino, Market Insights Specialist at Canada Mortgage and Housing Corporation

Hundreds of thousands of Canadians exist on the edge. Renters fear eviction, homeowners feel trapped, and both are vulnerable to becoming homeless with a single stroke of misfortune. Unaffordable housing in Canada is tearing communities apart as long-time residents seek affordable housing elsewhere and businesses shutter because they cannot find staff who can afford to live nearby. For two generations, Canadians have watched affordable housing vanish while other nations have been tackling the problem. In Home Truths: Fixing Canada's Housing Crisis (On Point Press, 2024), housing expert Carolyn Whitzman reviews the decades of policy that have gotten us into this mess and shows how all levels of government can work together to provide affordable housing where it is needed. Her compelling arguments for policy solutions are backed by ideas from researchers, planners, politicians, developers, and housing advocates at home and abroad. Home Truths addresses Canada's crisis from all sides, including exploring what adequate housing looks like, providing ideas on how to resolve homelessness, explaining why nonmarket housing is crucial for Canada, and showing how and why to tackle ever-growing wealth disparities between renters and those who own. From policymakers, planners, developers, and observers needing to understand Canada's housing struggles through to Canadians seeking ideas for a new way forward, Home Truths is a critical read for a nation on edge. Carolyn Whitzman is a leading housing and senior policy researcher. She has authored, coauthored, or lead-edited six previous books, the most recent being Clara at the Door with a Revolver. She has undertaken research for the Office of the Federal Housing Advocate, the Canada Mortgage and Housing Corporation, the Alliance to End Homelessness Ottawa, and many other organizations. Alex Hallbom is a Registered Professional Planner in British Columbia, Canada. He sits on the editorial board of Plan Canada, the professional publication for planners in Canada, and publishes periodically in Plan Canada and Planning West. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network

Hundreds of thousands of Canadians exist on the edge. Renters fear eviction, homeowners feel trapped, and both are vulnerable to becoming homeless with a single stroke of misfortune. Unaffordable housing in Canada is tearing communities apart as long-time residents seek affordable housing elsewhere and businesses shutter because they cannot find staff who can afford to live nearby. For two generations, Canadians have watched affordable housing vanish while other nations have been tackling the problem. In Home Truths: Fixing Canada's Housing Crisis (On Point Press, 2024), housing expert Carolyn Whitzman reviews the decades of policy that have gotten us into this mess and shows how all levels of government can work together to provide affordable housing where it is needed. Her compelling arguments for policy solutions are backed by ideas from researchers, planners, politicians, developers, and housing advocates at home and abroad. Home Truths addresses Canada's crisis from all sides, including exploring what adequate housing looks like, providing ideas on how to resolve homelessness, explaining why nonmarket housing is crucial for Canada, and showing how and why to tackle ever-growing wealth disparities between renters and those who own. From policymakers, planners, developers, and observers needing to understand Canada's housing struggles through to Canadians seeking ideas for a new way forward, Home Truths is a critical read for a nation on edge. Carolyn Whitzman is a leading housing and senior policy researcher. She has authored, coauthored, or lead-edited six previous books, the most recent being Clara at the Door with a Revolver. She has undertaken research for the Office of the Federal Housing Advocate, the Canada Mortgage and Housing Corporation, the Alliance to End Homelessness Ottawa, and many other organizations. Alex Hallbom is a Registered Professional Planner in British Columbia, Canada. He sits on the editorial board of Plan Canada, the professional publication for planners in Canada, and publishes periodically in Plan Canada and Planning West. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/public-policy

Hundreds of thousands of Canadians exist on the edge. Renters fear eviction, homeowners feel trapped, and both are vulnerable to becoming homeless with a single stroke of misfortune. Unaffordable housing in Canada is tearing communities apart as long-time residents seek affordable housing elsewhere and businesses shutter because they cannot find staff who can afford to live nearby. For two generations, Canadians have watched affordable housing vanish while other nations have been tackling the problem. In Home Truths: Fixing Canada's Housing Crisis (On Point Press, 2024), housing expert Carolyn Whitzman reviews the decades of policy that have gotten us into this mess and shows how all levels of government can work together to provide affordable housing where it is needed. Her compelling arguments for policy solutions are backed by ideas from researchers, planners, politicians, developers, and housing advocates at home and abroad. Home Truths addresses Canada's crisis from all sides, including exploring what adequate housing looks like, providing ideas on how to resolve homelessness, explaining why nonmarket housing is crucial for Canada, and showing how and why to tackle ever-growing wealth disparities between renters and those who own. From policymakers, planners, developers, and observers needing to understand Canada's housing struggles through to Canadians seeking ideas for a new way forward, Home Truths is a critical read for a nation on edge. Carolyn Whitzman is a leading housing and senior policy researcher. She has authored, coauthored, or lead-edited six previous books, the most recent being Clara at the Door with a Revolver. She has undertaken research for the Office of the Federal Housing Advocate, the Canada Mortgage and Housing Corporation, the Alliance to End Homelessness Ottawa, and many other organizations. Alex Hallbom is a Registered Professional Planner in British Columbia, Canada. He sits on the editorial board of Plan Canada, the professional publication for planners in Canada, and publishes periodically in Plan Canada and Planning West. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Hundreds of thousands of Canadians exist on the edge. Renters fear eviction, homeowners feel trapped, and both are vulnerable to becoming homeless with a single stroke of misfortune. Unaffordable housing in Canada is tearing communities apart as long-time residents seek affordable housing elsewhere and businesses shutter because they cannot find staff who can afford to live nearby. For two generations, Canadians have watched affordable housing vanish while other nations have been tackling the problem. In Home Truths: Fixing Canada's Housing Crisis (On Point Press, 2024), housing expert Carolyn Whitzman reviews the decades of policy that have gotten us into this mess and shows how all levels of government can work together to provide affordable housing where it is needed. Her compelling arguments for policy solutions are backed by ideas from researchers, planners, politicians, developers, and housing advocates at home and abroad. Home Truths addresses Canada's crisis from all sides, including exploring what adequate housing looks like, providing ideas on how to resolve homelessness, explaining why nonmarket housing is crucial for Canada, and showing how and why to tackle ever-growing wealth disparities between renters and those who own. From policymakers, planners, developers, and observers needing to understand Canada's housing struggles through to Canadians seeking ideas for a new way forward, Home Truths is a critical read for a nation on edge. Carolyn Whitzman is a leading housing and senior policy researcher. She has authored, coauthored, or lead-edited six previous books, the most recent being Clara at the Door with a Revolver. She has undertaken research for the Office of the Federal Housing Advocate, the Canada Mortgage and Housing Corporation, the Alliance to End Homelessness Ottawa, and many other organizations. Alex Hallbom is a Registered Professional Planner in British Columbia, Canada. He sits on the editorial board of Plan Canada, the professional publication for planners in Canada, and publishes periodically in Plan Canada and Planning West. Learn more about your ad choices. Visit megaphone.fm/adchoices

Note: This video is very 'numbers' intensive. If you want to follow along with graphics, you can watch the video on YouTube at this link: buvy_T9Q3vY

After catching you up on the news of the week, Amanda Lang speaks with Aled ab Iorweth, deputy chief economist with the Canada Mortgage and Housing Corporation, to check in  on the pace of Canadian home construction and whether it will meet our future housing needs. After years out of favour, nuclear power is ramping up again around the world, including Canada. Amanda Lang speaks with John Gorman, the head of the Canadian Nuclear Association, and Jeff Binns with the Nuclear Waste Management Organization for an update on what is driving the demand, and what the plans are to handle the relatively small amount of waste it will produce.  

Zac Willms has been a commercial realtor with 6 years of experience with a passion for investment properties and a vast knowledge of real estate. He's been investing in real estate since he was 22 years old. He invests in a multitude of different asset classes with most recent focus being on Glamping resorts and short term rentals in Tulum Mexico. When he is not doing real estate you will typically find him travelling, in the gym, or talking about crypto.   In todays episode we talk about: Entering the Short-Term Rental Market : Acquisition of a campground and development into a glamping business International Investment : Integration of travel passion with real estate investment Regulatory and Financing Changes: Rise of syndications: emphasis on long-term holding and conservative investment approaches Seller Expectations and Buyers Strategies Construction cost and financing: Impact of CMHC (Canada Mortgage and Housing Corporation) on financing Segments of Purpose-Built Rentals and challenges on mid-size developments Marketing Strategies and much more!   Follow Zac's Social media on: Instagram: https://www.instagram.com/zacwillms/ Facebook: https://www.facebook.com/zac.willms Tiktok and Linkedin: @zacwillms    Follow Mayu on Instagram at: https://www.instagram.com/mayu.thava/ Follow Austin on Instagram at: https://www.instagram.com/austinyeh6/ Follow the RISE Network Facebook at: https://www.facebook.com/groups/risenetworkevent Follow the RISE Network Instagram at: https://www.instagram.com/risenetworkevent/ RISE Real Estate Wholesaling 101 Course: https://rise-network-course.teachable.com/p/real-estate-wholesaling-masterclass-101 RISE Network Real Estate Investing Essentials Bundle: https://rise-network-course.teachable.com/p/rise-network-real-estate-investing-essentials   If you or anyone you know is looking to sell their house, visit: www.fastontariohomebuyer.ca   Disclaimer: This podcast is all about providing you with information, not financial or legal advice. So if you need the real deal for your situation, hit up a professional. We can't promise you our information is always up to date or accurate, and we're not responsible for any investment decisions you make based on it. Markets change, Information change. You know the drill. Anyways. Thank you for hanging out with us responsibly.

Two Henrico nonprofits are among seven in the Richmond region that are benefiting each time someone opens a checking and savings account with Chesapeake Bank. The bank will make 0 donations to seven local nonprofits when the new accounts are opened. Included among them: Henrico-based FETCH a Cure and Fatherhood Foundation of Virginia. (The other nonprofits are Chesterfield Gives Back, Chesterfield YMCA, Central Chesterfield Little League, Southside Community Development and Housing Corporation and Humankind.) The Beyond Banking initiative runs through the second week of September. To receive the donation, customers must open a checking and savings account at one of...Article LinkSupport the Show.

Let Us Know What You Thought Of The Episode In this episode, we dive into the world of private lending with our esteemed guests and go to lawyers from Barr LLP, Brandon K. Hans and Graham A.B. Barr. Private lending has become a very popular investing strategy for those looking to be more passive investors. Unfortunately, as of late we've been seeing some challenges unfold with lenders not getting their money back. We brought in the big guns to share their wealth of knowledge to help support investors that are considering this investment strategy and how to manage through the challenges the community is facing right now. Key points discussed in this podcast:An overview of private lending trends amidst rising interest rates and tighter bank financing regulations.Challenges faced by borrowers due to market downturns leading to high-interest rates on private loansManaging through the litigation process when borrower isn't able to pay backThe importance of conducting thorough due diligence before entering any private lending arrangement.Why some borrowers prefer promissory notes over secured loans – avoiding interference with primary mortgage lenders or meeting specific criteria like those set by CMHC (Canada Mortgage and Housing Corporation).Understanding alternative forms of security that can be taken beyond just property mortgages such as general security agreements, assignments against life insurance policies, charges against vehicles/equipment etc., & more!Remember: Due diligence is key! And it crucial to learn what steps a lender should take before lending money to any borrower. You are the bank so manage the due diligence process in the same way they do. Learn More About Our Guest Speakers - Barr LLP:https://thesavvyinvestor.ca/barr-llp/Learn More About Our Trusted Partner- Power TeamPower Team, led by REALTOR® Sean Power, is a real estate company with a strong focus on real estate investment. We have a wealth of knowledge and expertise in the industry, having personally purchased multiple investment properties in New Brunswick and helping countless clients achieve their real estate dreams. Would you like to learn more? Visit:https://thesavvyinvestor.ca/power-team-realtySavvy Investor Links: Website: https://thesavvyinvestor.caInstagram: https://www.instagram.com/savvy_investorsYouTube: https://www.youtube.com/@thesavvyinvestorJoin our FREE Savvy Investor Facebook Community:  https://www.facebook.com/groups/341243106757064Disclaimer: The views and advice expressed on this podcast are those of the participants and do not necessarily reflect the opinions or beliefs of the podcast host or affiliated parties. The content is for entertainment purposes only and should not be considered as professional financial, legal, or investment advice. Listeners are encouraged to conduct their own research

No visit from the Premier after all in Wallaceburg, Ontario is looking to put students who want a job in the trades on a fast track to getting a career, and the Canada Mortgage and Housing Corporation is expecting a busier housing market in southwestern Ontario next year.

Gold prices have reached an all-time high globally across every currency. Oil prices, particularly Brent crude, have surged above $90. Mike talks to Doug Bartoli, CEO of Inplay Oil. Tyler Bolhorn drops by to share techniques for identifying stocks with potential for future growth. The carbon tax is a highly politicized issue, with little focus on the financial and economic impact of taxing Canadians even more. The latest numbers out of the Canadian Mortgage and Housing Corporation on housing starts – to say they're not going be in the ballpark of what we need to create affordability is an understatement.See omnystudio.com/listener for privacy information.

Thousands of Canadians from across the country took to the streets to protest the Trudeau government's carbon tax – and True North was on the ground. Plus, Canada's population has seen its most rapid growth in over six decades, with new data from Statistics Canada revealing an unprecedented surge largely driven by temporary immigration. And housing starts in Canada continue to fail to meet demand as costs and demand soar, according to new data from the Canadian Mortgage and Housing Corporation. Tune into The Daily Brief with Cosmin Dzsurdzsa and Noah Jarvis! Learn more about your ad choices. Visit megaphone.fm/adchoices

Elias Makos caps off the week with Jimmy Zoubris, special advisor to the Mayor, and Justine McIntyre, Strategic consultant and former city councillor. Figures out from the Canada Mortgage and Housing Corporation paint a terrible picture for Montreal Quebec's French Language Minister Jean-François Roberge has ordered a probe and other politicians are apoplectic after a Quebec Maritime Junior Hockey League team made themselves English-only playoffs garb MPs in Ottawa are due for a pay increase on April 1. That means an MP's base salary will go from $194,600 to $203,100 - an increase of $8,500

Francis Cortellino is a senior economist with CMHC and one of the authors of the report.

This article report reflects upon the latest earnings call held by Legacy Housing Corporation on 18 March 2024. The company has presented a resilient stance and exhibited strategic savvy in navigating the commercial terrain. During the call, CEO Robert Duncan Bates, giving insights to investors, stated: "I don't think it's going to have a huge impact on our business. Like I don't think the changes cannibalize the volume to our consumer loan business. I believe all of these changes were on the FHA financing side, it's just a little bit different than what we do here. But is a longer, more administratively intense process. So right now, I don't see a big impact. But if something changes, we can talk off-line." This remark, with its focus on potential industry changes and challenges, detailed Legacy's strategic approach. Legacy Housing Corporation registered a slight decrease in product sales, net income and net revenue per unit sold for the year 2023. Nevertheless, the organization highlighted its adept financial management abilities firmly. By maintaining a product gross margin of 31.3% and achieving a 29% net income margin, Legacy ensured effective cost control within the same timeframe. Further, the company's unfolding strategic prowess was evident through its focus on core manufacturing and distribution capabilities for manufactured homes and bolstered financial offerings. This methodology resulted in increased interest income from consumer MHP and dealer loans, signifying the successful expansion of alternative revenue streams. In the course of the call, Bates queried: "We've heard from some of your stick-built competitors that mortgage qualification has been getting more difficult, not just because of higher rates but now you're seeing credit card debt starting to move up, other types of debt moving up and that's causing more disqualifications for certain site builders. I guess, are you guys seeing any of that in your consumer loan book right now? And how do you feel like the quality of the loan book has been trending through the quarter so far?" This line of inquiry underscored the company's vigilance in observing market dynamics and maintaining the integrity of their consumer loan portfolio amidst shifting economic scenarios. Legacy Housing Corporation is making measured progress in leveraging the longstanding demand for affordable housing in the United States. By providing a wide range of manufactured housing solutions complemented by its financial services, the company caters effectively to a frequently underserved population segment. The resonance of this all-inclusive approach with new dealers and consumers underscores Legacy's significant role in refashioning affordable housing solutions. Guided by market shifts, such as the growing interest among traditional developers in small HUD units and tiny homes for RV parks, Legacy's pricing and market strategy are duly informed. In terms of long-term prospects, Legacy Housing Corporation is focusing its resources to foster sustained growth and boost operational excellence. By engaging industry professionals, speeding up land development, planning expanded retail outlets, and enhancing financial products portfolio, Legacy is laying the groundwork for continuous expansion. The company's eye on long-term growth projects, its sales-oriented approach, and its commitment to maximise project value align it to be a competitive player within the affordable housing market. However, the outlook should remain cautiously positive given the fact that the landscape of the sector can change quickly due to a number of external factors. LEGH Company info: https://finance.yahoo.com/quote/LEGH/profile For more PSFK research : www.psfk.com  This email has been published and shared for the purpose of business research and is not intended as investment advice.

New data from the Canada Mortgage and Housing Corporation shows the CBRM has a 0.8% vacancy rate - one of the lowest vacancy rates in the country.

In a long-awaited announcement on Wednesday, Alberta Premier Danielle Smith unveiled a comprehensive set of policies addressing gender ideology. Plus, rental vacancy has plummeted to 1.5% in 2023 according to the Canada Mortgage and Housing Corporation. And an Ontario doctor who opposed the Covid-19 mass vaccination campaign has seen misconduct charges dropped by the College of Physicians and Surgeons. Tune into The Daily Brief with Cosmin Dzsurdzsa and Noah Jarvis! Learn more about your ad choices. Visit megaphone.fm/adchoices

In this interview, Phil Soper, President and CEO of Royal LePage, discusses the real estate company's latest housing report. Soper talks about where home prices are headed in 2024, what to expect in sales, the impact of increased mortgage rates, the challenge of supply in Canada and affordability. PRESS RELEASE TORONTO, Dec. 14, 2023 /CNW/ – After years of unprecedented irregularity, Canadians may see the real estate market return closer to normal in 2024. According to the Royal LePage Market Survey Forecast, the aggregate1 price of a home in Canada is set to increase 5.5 per cent year over year to $843,684 in the fourth quarter of 2024, with the median price of a single-family detached property and condominium projected to increase 6.0 per cent and 5.0 to $879,164 and $616,140, respectively.2 “Looking ahead, we see 2024 as an important tipping point for the national economy as the majority of Canadians acknowledge that the ultra-low interest rate era is dead and gone,” said Phil Soper, President and CEO, Royal LePage. “We believe that the ‘great adjustment' to tolerable, mid-single-digit borrowing costs will have a firm grip on our collective consciousness after only modest rate cuts by the Bank of Canada.” Home prices are expected to rise next year in all major markets across the country, with Calgary forecast to see the greatest gains. Throughout the second half of 2023, while prices have been declining in other cities, the Calgary real estate market has bucked the trend continuing on an upward price trajectory. Royal LePage's forecast is based on the prediction that the Bank of Canada has concluded its interest rate hike campaign and that the key lending rate will hold steady at five per cent through the first half of 2024. The central bank is expected to start making modest cuts in late summer or fall of next year. Meanwhile, several major financial institutions have already begun offering discounts on fixed-rate mortgages. “For the last year, many Canadians have been fixated on the idea of interest rates needing to come down significantly before they can afford to enter or re-enter the housing market. Acceptance that a mortgage rate of four to five per cent is the new normal should untether pent-up demand as first-time buyers, flush with savings collected during the extended down market in housing, regain the confidence to go home shopping. And, with the return of first-timer demand, we expect families who have put off upgrading their homes to begin to list their properties in much greater numbers,” continued Soper. How we got here Over the last eighteen months, sales activity in most of Canada's major real estate markets has been on the decline, while inventory levels have gradually increased. While transactions are down as much as 20 or 30 per cent in some regions, home prices have only declined modestly during this time, due to a simultaneous drop in demand as buyer hopefuls continue to hold out for lower interest rates. Still, prices remain above 2022 levels. “Canada's real estate market has been on a roller coaster ride for the last four years. A global pandemic briefly brought market activity to a grinding halt in early 2020, followed by a rapid, widespread spike in demand and price appreciation as Canadians sought safety and greater living space in their homes among a world of uncertainty. By the spring of 2022, home prices had reached unprecedented highs, but when interest rates started rising quickly and steeply to combat inflation, the extended market correction began,” said Soper. “Markets take time to adjust. We see a move toward typical home sale transaction levels in 2024, and as the year progresses, appreciating house prices.” Quarterly forecast Nationally, home prices are forecast to see modest quarterly gains in the first two quarters of 2024, with more considerable increases expected in the second half of the year, following the anticipated start of interest rate cuts by the Bank of Canada. The aggregate price of a home in Canada is forecast to be 3.3 per cent higher in Q1 of 2024 compared to the same quarter in 2023, reflecting a 0.5 per cent increase over the fourth quarter of 2023. In the second quarter of next year, the national aggregate home price is forecast to be 0.2 per cent higher year over year and 0.9 per cent above the previous quarter. In the third quarter, home prices are expected to be 3.3 per cent higher year over year and 2.3 per cent higher on a quarterly basis. And, in the fourth quarter of 2024, the national aggregate price of a home is expected to land 5.5 per cent above the same quarter in 2023, an increase of 1.7 per cent quarter over quarter. Based on this forecast, by the end of next year, home prices will have essentially climbed back to their pandemic peak, reached in the first quarter of 2022. Supply shortage and affordability challenges Canada continues to struggle with a chronic housing supply shortage. According to the Canada Mortgage and Housing Corporation, the country needs about 3.5 million additional housing units by 2030 to restore affordability, with the greatest need concentrated in the provinces of Ontario and British Columbia.3 At the current pace of housing construction and considering the rate of new household formation and immigration projections, inventory will remain out of step with projected demand for years to come. “For many years, condominiums have offered an affordable opportunity for entry onto the real estate ladder, in addition to their ‘lock and leave' lifestyle that is typically attractive to young people. Of late, however, this segment of the market has also become out of financial reach for many in major cities like Toronto and Vancouver, where new construction cannot keep pace with growing demand. And, the elevated cost of construction materials and labour are adding additional pressure on builders,” said Soper. “What's more, with ultra-low vacancy rates, the rental market is not the escape route many would-be buyers hope it could be, with monthly lease rates on the rise from coast to coast.” Competing public policy objectives In the federal government's Fall Economic Statement released last month, billions of dollars were committed and reaffirmed towards increased levels of new housing construction. This includes favourable loan agreements and tax benefits for developers of purpose-built rental buildings and public housing projects, as well as financial assistance for municipalities to crack down on short-term rentals in an effort to push more supply onto the resale market in urban centres.4 “It is encouraging to see policy makers tackling Canada's housing affordability issues and supply shortfall, yet there remains a large accessibility gap for first-time buyers and middle-income earners. Those that have salaries or wages that have not kept up with the cost of living find it difficult to achieve the dream of home ownership. Thankfully, many have received financial help from family or friends, yet this is not something Canadians should have to rely upon,” said Soper. “With competing policy objectives – record-high immigration to combat labour shortages, for example – I see little hope that housing construction will meet that need this decade. The demand/supply imbalance will put further upward pressure on home prices. “While uncomfortably expensive housing in our major markets is inevitable, it is imperative that governments adopt quick and extraordinary measures to mitigate affordability challenges and address the housing supply crisis,” concluded Soper. Royal LePage 2024 Market Survey Forecast Table: rlp.ca/table_2024forecast Royal LePage 2024 Quarterly Forecast Table: rlp.ca/table_2024quarterlyforecast MARKET SUMMARIES Greater Toronto Area In the Greater Toronto Area, the aggregate price of a home in the fourth quarter of 2024 is forecast to increase 6.0 per cent year over year to $1,198,012. During the same period, the median price of a single-family detached property is expected to rise 7.0 per cent to $1,481,950, while the median price of a condominium is forecast to increase 5.0 per cent to $754,845. “There is a lot of uncertainty surrounding Canada's economy and the real estate market these days, and that is especially true in the major centres like Toronto. What is certain is that Canadians need housing, they value home ownership and most are willing to prioritize buying a home over just about anything else,” said Karen Yolevski, chief operating officer, Royal LePage Real Estate Services Ltd. “We know there are still buyers on the sidelines waiting for interest rates to come down. What is unclear is how many can afford to jump back into the market at the first sign of a reduction, and how many truly cannot afford to transact in this environment.” Yolevski added that a lot of future activity will be dependent not only on reduced interest rates, but the timing of mortgage renewals. Many would-be move-up buyers who have enjoyed ultra-low rates for the past few years will be willing to make a move as their current loan terms expire. No longer bound to their current property because of the interest rate, more of these owners will put their properties on the market and begin their search for a new home. “The GTA is Canada's most densely-populated region and continues to be the top destination for newcomers. Despite a temporary drop in sales, there remains a huge gap in the number of homes available and those needed to satisfy demand from middle-income earners. This continues to put significant pressure on the already-tight rental market.” Yolevski also noted that investor-owned properties, namely condominiums, could add supply to the market over the next year or two, as mortgages come up for renewal and owners choose to sell rather than renew at a higher rate. “If tenanted properties are not producing positive cash-flow, investors may choose to sell rather than renew their mortgages in this higher-cost borrowing environment. This, in addition to new legislation that incentivizes the development of purpose-built rental properties, could add some much-needed inventory to the entry-level market,” said Yolevski. “It will not be enough, however, to put downward pressure on prices.” Royal LePage 2024 Market Survey Forecast Table: rlp.ca/table_2024forecast Royal LePage 2024 Quarterly Forecast Table: rlp.ca/table_2024quarterlyforecast Greater Montreal Area In the Greater Montreal Area, the aggregate price of a home in the fourth quarter of 2024 is forecast to increase 5.0 per cent year over year to $610,260. During the same period, the median price of a single-family detached property is expected to rise 4.5 per cent to $684,998, while the median price of a condominium is forecast to increase 6.0 per cent to $471,912. “The real estate crystal ball prediction will be made up of many factors in 2024, but the thing to remember is that the reduction in inflation closer to the target rate will not have been enough to curb the increase in real estate prices for very long, due to a chronic lack of supply,” said Dominic St-Pierre, vice-president and general manager, Royal LePage, Quebec region. “Housing is an essential need, and the still-critical shortage of units required to meet demand and population growth is destined to persist, as long as investments by all levels of government fail to materialize in the urban landscape. However, even if interest rates are expected to start dipping next year, consumers will have to adapt to a new reality, as the days of ultra-low rates are over. In the short term, this should keep property price increases in check while households adjust their purchasing behaviours.” In its fall economic update, the Quebec government pledged $1.8 billion over five years to improve access to housing in the province.5 This investment will include actions to accelerate the construction of affordable housing, as well as assistance to municipalities in the form of increased flexibility in urban planning bylaws, measures to facilitate the construction of secondary suites, and support for the training of the construction workforce. “We welcome any initiative aimed at reducing the gap between supply and demand, and applaud the creativity of the various levels of government in multiplying solutions,” said St-Pierre. “However, the challenge is massive, since Quebec requires the addition of more than 1.2 million units by the end of the decade in order to regain some semblance of affordability.” What's more, Montreal is the Canadian city where housing starts fell the most in the first six months of 2023, a 26-year record, and the prognosis for 2024 is not optimal.6 Rising borrowing costs have taken a heavy toll on builders' and developers' portfolios over the past year. For this reason, it is expected that when interest rates start to decline, the pent-up demand will unleash on the condominium segment in the Greater Montreal Area, which will see an appreciation rate slightly higher than that of single-family homes. “In addition to condominiums, the market for single-family homes priced at $1 million and higher should also see an upturn as expectations of lower interest rates materialize,” said Marc Lefrançois, chartered real estate broker, Royal LePage Tendance in Montreal. “For this category of buyers, moving from one property to another is often not an immediate necessity. Many have therefore preferred to wait in order to take advantage of more favourable financing conditions, but could return to the market quickly when the central bank announces the start of a downward cycle in interest rates.” Economic conditions in the province were heavily weighed down at the end of the year by the outbreak of strikes in the public sector, as well as numerous layoffs across a myriad of industries, which could influence consumer confidence regarding large purchases such as a property in 2024, despite a widely expected drop in interest rates. “Savings accumulated by households during the pandemic have begun to run out, keeping pace with inflation and interest rate hikes over the past 21 months,” noted St-Pierre. “Quebec households have a high level of debt, and despite signs of relief in borrowing costs on the horizon, their purchasing power will remain limited. The downward adjustment of the Bank of Canada's overnight rate, even by a quarter per cent, could send a strong message to consumers about future economic conditions. The pace at which interest rates rebalance will also play a big part in the equation,” he continued. St-Pierre added, “The start of 2024 could see the Greater Montreal Area's real estate market get off to a slow start, following a similar trend to the last quarter of 2023. But, we expect the recovery to get underway quickly once interest rates start to fall. Next year is likely to be more active than 2023 in terms of property sales,” he concluded. Royal LePage 2024 Market Survey Forecast Table: rlp.ca/table_2024forecast Royal LePage 2024 Quarterly Forecast Table: rlp.ca/table_2024quarterlyforecast Greater Vancouver In Greater Vancouver, the aggregate price of a home in the fourth quarter of 2024 is forecast to increase 3.0 per cent year over year to $1,281,732. During the same period, the median price of a single-family detached property is expected to rise 2.5 per cent to $1,778,785, while the median price of a condominium is forecast to increase 4.0 per cent to $795,808. “Activity has slowed in recent months allowing some inventory to build, as buyers hold out for a deal or for interest rates to drop, and sellers continue to expect 2021 values for their homes. While this has resulted in a market slowdown, Greater Vancouver could see a brisk spring if interest rates remain steady or dip even a little,” said Randy Ryalls, managing broker, Royal LePage Sterling Realty. “There is still plenty of demand waiting in the wings, and a glimmer of light at the end of the tunnel could easily heat up the market again. Some buyers will rush to transact before the competition gets too tight. Others will wait for multiple rate cuts.” Ryalls noted that while many sidelined buyers are likely to jump back into the market next year if lending rates come down, competition will not be as aggressive as it was two years ago when borrowing costs sat at record lows. “Purchasing power has been deflated. With the rising cost of living and interest rates five or six times higher than they were a few years ago, buyers have less capacity to outbid their competitors. This will keep a lid on price appreciation, even as activity picks up,” said Ryalls. “Some banks have already begun to offer discounts on fixed-rate mortgages, incentivizing some buyers back to the table. Eventually, everyone will have to adjust to the new realities of the market.” Royal LePage 2024 Market Survey Forecast Table: rlp.ca/table_2024forecast Royal LePage 2024 Quarterly Forecast Table: rlp.ca/table_2024quarterlyforecast Ottawa In Ottawa, the aggregate price of a home in the fourth quarter of 2024 is forecast to increase 4.5 per cent year over year to $771,942. During the same period, the median price of a single-family detached property is expected to rise 4.0 per cent to $884,000, while the median price of condominium is forecast to increase 5.0 per cent to $407,190. “The Ottawa market is heavily influenced by interest rates. Even if we see only a modest decrease in rates by the Bank of Canada mid-way through 2024, this move could spark a flurry of buying activity leading into our late summer and early fall market,” said Jason Ralph, broker of record, Royal LePage Team Realty. “These days, only those homeowners who must move for personal reasons are listing their homes. In many cases, those with the luxury of time are staying on the sidelines, waiting for interest rates to come down. This is creating pent-up buyer demand, especially in the always desirable single-family detached segment.” Ralph noted that many first-time homebuyers have been renting as they wait for lower interest rates and improved purchasing power. This is creating a competitive rental market, especially as newcomers relocate to Ottawa for opportunities in the city's thriving public service job market, adding to the already high levels of renter demand. “Though we have returned to a more normalized market post-pandemic, we are not quite in balanced territory yet as demand continues to outweigh supply. As a result, we are expecting a brisk spring market next year,” said Ralph. “Should we see a drop in interest rates, market activity will intensify, resulting in an incline in home prices in the later months of the year and into 2025.” Royal LePage 2024 Market Survey Forecast Table: rlp.ca/table_2024forecast Royal LePage 2024 Quarterly Forecast Table: rlp.ca/table_2024quarterlyforecast Calgary In Calgary, the aggregate price of a home in the fourth quarter of 2024 is forecast to increase 8.0 per cent year over year to $711,612, the highest of all forecast regions. During the same period, the median price of a single-family detached property is expected to rise 6.0 per cent to $803,692, while the median price of a condominium is forecast to increase 9.5 per cent to $286,562. “Although activity has slowed in Calgary, home prices have not dipped like they have in other cities across Canada, due to a sustained shortage of supply,” said Corinne Lyall, broker and owner, Royal LePage Benchmark. “If rates start to come down in the second half of 2024 – as they are predicted to do – it will motivate buyers to jump into the market as their borrowing power improves. Many homeowners will see their mortgages come up for renewal next year, and will be forced to take a higher interest rate. This may push some more inventory onto the market, as overleveraged borrowers downsize in an effort to get some relief from higher monthly payments.” Lyall noted that Calgary has seen a slowdown in the number of interprovincial buyers relocating to the city compared to the past few years. However, investors from other provinces continue to look for real estate opportunities in the Prairies, driving demand in the multi-family segment. “We expect that home prices will rise over the next year, and will outperform other major cities as Calgary's relative affordability continues to attract buyers to the city. A shortage of supply remains a challenge, which will keep prices on an upward trajectory for the foreseeable future as buyers compete for the few homes available,” said Lyall. “Heading into the new year, I predict that we will see a slow start to the market in January and February, a similar pattern to what we saw in early 2023. Once March arrives, buyers and sellers will move off of the sidelines as a brisk spring market begins and consumer confidence strengthens.” Royal LePage 2024 Market Survey Forecast Table: rlp.ca/table_2024forecast Royal LePage 2024 Quarterly Forecast Table: rlp.ca/table_2024quarterlyforecast Edmonton In Edmonton, the aggregate price of a home in the fourth quarter of 2024 is forecast to increase 4.0 per cent year over year to $443,248. During the same period, the median price of a single-family detached property is expected to rise 7.0 per cent to $493,805, while the median price of a condominium is forecast to increase 2.0 per cent to $192,678. “Next year, we expect similar activity to this year, but home values will likely increase as price appreciation falls in line with historical trends. Edmonton continues to experience a shortage of homes relative to demand, which will keep home prices trending upward in 2024. This will only be intensified by the number of residents moving into the city, searching for affordability and work opportunities,” said Tom Shearer, broker and owner, Royal LePage Noralta Real Estate. “We continue to see a gap between buyer expectations and the reality of how far their dollar will stretch. Until they feel that they're getting their money's worth, some buyers will continue to wait on the sidelines, building further pent-up demand.” Shearer noted that Edmonton home prices are largely tied to the oil and gas sector, which continues to be a major driver of employment opportunities. Edmonton has seen a surge in newcomers over the past few years, in addition to Canadians moving to Alberta from other provinces – namely Ontario and British Columbia. “The city's fast-growing population has put upward pressure on home prices,” said Shearer. “In recent years, the province has seen a notable surge in activity and home prices in the city of Calgary, and we believe similar trends are on the horizon for Edmonton.” Royal LePage 2024 Market Survey Forecast Table: rlp.ca/table_2024forecast Royal LePage 2024 Quarterly Forecast Table: rlp.ca/table_2024quarterlyforecast Halifax In Halifax, the aggregate price of a home in the fourth quarter of 2024 is forecast to increase 3.0 per cent year over year to $521,592. During the same period, the median price of a single-family detached property is expected to rise 5.0 per cent to $602,490, while the median price of a condominium is forecast to increase 1.5 per cent to $431,375. “Looking ahead to the 2024 housing market in Halifax, we are feeling quite positive. It is likely that interest rates will be reduced mid-year, which will cause some hesitant or sidelined buyers to jump back into the market,” said Matt Honsberger, broker and owner, Royal LePage Atlantic. “Those in the rental market – who are currently paying higher-than-normal prices due to tight competition in this segment – will be especially motivated to transition into home ownership. Many move-up buyers, who have patiently been biding their time until borrowing rates improve or their mortgages come up for renewal, are also expected to re-enter the market in the new year.” Honsberger noted that investors from Ontario and Alberta are an active buyer group in Nova Scotia. This demand is not exclusive to the investor-friendly condominium segment, but is also present in the single-family and new construction markets as well, despite the non-resident tax applicable to all transactions by out-of-province buyers. “Though we will experience the typical seasonal slowdown in the first weeks of the new year, I expect January will still be up in terms of prices and activity compared to the same time this year. Sales are likely to begin increasing in February and March, as more inventory comes online. And, if we see one or two rate cuts in the fall, a boost of activity will follow,” said Honsberger. Royal LePage 2024 Market Survey Forecast Table: rlp.ca/table_2024forecast Royal LePage 2024 Quarterly Forecast Table: rlp.ca/table_2024quarterlyforecast Winnipeg In Winnipeg, the aggregate price of a home in the fourth quarter of 2024 is forecast to increase 3.0 per cent year over year to $396,447. During the same period, the median price of a single-family detached property is expected to rise 4.0 per cent to $440,232, while the median price of a condominium is forecast to increase 2.0 per cent to $263,568. “Every year, the Winnipeg real estate market follows a similar pattern – slow through the winter months with a rise in activity in the spring, followed by a quieter summer and then a slow decline for the remainder of the year. We expect 2024 will look much like a typical year, resulting in modest price increases as consumer confidence strengthens,” said Michael Froese, broker and manager, Royal LePage Prime Real Estate. “Single-family detached homes will likely see the majority of next year's price growth, especially in the highly-sought-after $300,000 to $400,000 price range.” Froese added that he is not overly concerned that the expected wave of upcoming mortgage renewals will force many homeowners to have to list their homes due to higher monthly costs. “As has always been the case, Canadians value home ownership. When faced with financial strain, most people will cut back on discretionary spending and make other concessions before resorting to selling their homes,” he added. “While it may not be as strong of a seller's market as it was two years ago, prices are anticipated to remain buoyant as buyer demand is expected to continue outweighing available home supply, even in the slower months.” Royal LePage 2024 Market Survey Forecast Table: rlp.ca/table_2024forecast Royal LePage 2024 Quarterly Forecast Table: rlp.ca/table_2024quarterlyforecast Regina In Regina, the aggregate price of a home in the fourth quarter of 2024 is forecast to increase 3.0 per cent year over year to $381,306. During the same period, the median price of a single-family detached property is expected to rise 4.0 per cent to $417,456, while the median price of a condominium is forecast to increase 2.5 per cent to $228,063. “Like many cities across Canada, higher interest rates have prompted buyers to hit pause as their borrowing capacity has diminished. As a result, demand is building on the sidelines as consumers wait anxiously for borrowing costs to come down,” said Shaheen Zareh, sales representative, Royal LePage Regina Realty. “Although it is highly unlikely we will see rates as low as one or two per cent again – at least not anytime soon – I do believe some of that sidelined demand will re-enter the market once rates are cut, even if only by a small amount.” Zareh added that rental prices have climbed in Regina as higher mortgage rates have kept would-be buyers in leased properties for longer. This has constrained rental supply and pushed prices up, making the cost of monthly rent comparable to a mortgage payment in some cases. “Overall, supply remains constrained. I expect prices will see a modest increase in 2024, not only in the detached segment but in the condo market as well. There has been a lot of activity in the condominium segment as of late, despite the property type not being particularly popular in the region, historically. We have seen an uptick in condo sales thanks to first-time buyers who are seeking a more affordable option that will allow them to get a foot on the property ladder sooner.” said Zareh. “Many young buyers would much prefer a new condo for $200,000 over a detached fixer-upper that costs $100,000 more.” Zareh noted that many short-term pandemic-era mortgages are expected to come up for renewal next year, which could have an impact on supply as homeowners weigh the decision to renew or sell their homes and downsize into a more financially manageable property. About the Royal LePage Market Survey Forecast The Royal LePage Market Survey Forecast provides year-over-year and quarter-over-quarter price expectations nationally and for Canada's nine most prominent real estate markets. Housing values are based on the Royal LePage National House Price Composite, produced quarterly through the use of company data in addition to data and analytics from its sister company, RPS Real Property Solutions, the trusted source for residential real estate intelligence and analytics in Canada. Additionally, commentary on housing market trends and data on price and forecast values are provided by Royal LePage residential real estate experts, based on their opinions and market knowledge. About Royal LePage Serving Canadians since 1913, Royal LePage is the country's leading provider of services to real estate brokerages, with a network of approximately 20,000 real estate professionals in over 670 locations nationwide. Royal LePage is the only Canadian real estate company to have its own charitable foundation, the Royal LePage Shelter Foundation, which has been dedicated to supporting women's shelters and domestic violence prevention programs for 25 years. Royal LePage is a Bridgemarq Real Estate Services Inc. company, a TSX-listed corporation trading under the symbolTSX:BRE. For more information, please visit www.royallepage.ca. Mario Toneguzzi is Managing Editor of Canada's Podcast. He has more than 40 years of experience as a daily newspaper writer, columnist, and editor. He was named in 2021 as one of the Top 10 Business Journalists in the World by PR News – the only Canadian to make the list About Us Canada's Podcast is the number one podcast in Canada for entrepreneurs and business owners. Established in 2016, the podcast network has interviewed over 600 Canadian entrepreneurs from coast-to-coast. With hosts in each province, entrepreneurs have a local and national format to tell their stories, talk about their journey and provide inspiration for anyone starting their entrepreneurial journey and well- established founders. The commitment to a grass roots approach has built a loyal audience on all our social channels and YouTube – 500,000+ lifetime YouTube views, 200,000 + audio downloads, 35,000 + average monthly social impressions, 10,000 + engaged social followers and 35,000 newsletter subscribers. Canada's Podcast is proud to provide a local, national and international presence for Canadian entrepreneurs to build their brand and tell their story. #business #CanadasNumberOnePodcastforentrepreneurs #entrepreneurship #Homes #Housing #smallbusiness

Alex Pierson speaks with Mike Moffatt, Founding director of PLACE Centre at the Smart Prosperity Institute, about the federal government reviving a Canada Mortgage and Housing Corporation program to provide standardized housing blueprints to builders, nearly 80 years after it was first brought in. Learn more about your ad choices. Visit megaphone.fm/adchoices

Host Alex Pierson speaks with Tom Korski, Managing Editor of Blacklocks Reporter, about Cabinet must establish a federal task force to protect religious freedoms, the Commons justice committee yesterday wrote in a report to Parliament, Cabinet has no plan to solve the housing crisis, the CEO of Canada Mortgage and Housing Corporation said yesterday. All this and more! Learn more about your ad choices. Visit megaphone.fm/adchoices

LEAD-THE ZOOMER SQUAD: REMEMBERING ROSALYNN CARTER Marissa Lennox is joined by Rudy Buttignol, President of CARP,  Anthony Quinn,  Chief Community Officer of CARP and Peter Muggeridge, Senior Editor of Zoomer Magazine. This week: Ottawa is set to release its Fall fiscal update on Tuesday. CARP wants to know if there will be anything in it for its members. Meanwhile, the wife of former U.S. President Jimmy Carter has passed away. Rosalynn Carter was 96. Our panel reflects on their legacy together. Also a report from the Canada Mortgage and Housing Corporation shows a trend of older adults choosing to age at home primarily due to greater wealth and health. The survey looked at major Canadian cities including: Vancouver, Toronto, Calgary, Edmonton, Ottawa and Montreal. LANDSCAPE ARCHITECT PARTS WAYS WITH ONTARIO PLACE DEVELOPMENT PLANS Marissa Lennox is joined by Walter Kehm, a former director of the University of Guelph's school of landscape architecture and former senior principal at Toronto-based LANDinc and Norm Di Pasquale, Co-Chair of Ontario Place for All. A landscape architect has left his company which has a contract with the Ford government for the Ontario Place redevelopment project. He has decided to step away because he says the redevelopment poses a threat to the important wildlife habitat by leading to the clearing of hundreds of trees in the area. Meanwhile, there is also controversy over the 95 year lease that Austrian developer Therme signed for the $350-million spa it plans to build there. And, currently, the provincial auditor general is investigating the government's Ontario Place plans. So, where do we go from here? FEDERAL COURT OVERTURNS OTTAWA'S SINGLE USE PLASTICS BAN Marissa Lennox is now joined by Ashley Wallis, Associate Director of Environmental Defence. The federal Canadian Court has shut down Ottawa's single-use plastics ban. Tune in to find out why and what this potentially means for Canadian food businesses. Listen live, weekdays from noon to 1, on Zoomer Radio!

Elias Makos is joined by Paul Gott, Lead singer and guitarist for Montreal Punk Rock band the Ripcordz and a journalism professor at Concordia, and Anne Lagace-Dowson, political analyst. Things are getting very tense in Park Ex. Last night's borough council meeting was met by throngs of protestors fighting against and for the recently installed bike paths A new report from the Canada Mortgage and Housing Corporation says Canadian households now have more debt than the entire value of our economy An average of $1,800 a month is spent by Canada's Governors General on dry cleaning

We spoke with Deputy Chief Economist with the Canada Mortgage and Housing Corporation, Aled Ab Iorwerth, about how many new housing units the province would need in order to address the housing crisis.

Projections from the Canada Mortgage and Housing Corporation say Canada will not meet housing targets needed by 2030. Joining us to discuss is Kevin Hughes - deputy chief economist at the Canada Mortgage and Housing Corporation.

François-Philippe Champagne, Industry Minister; Aled ab Iorwerth, Canada Mortgage and Housing Corporation; The Front Bench with: Christy Clark, John Tory and Judy Trinh.

Elias Makos welcomes in David Heurtel, Former Quebec liberal cabinet minister, Council at Fasken and political analyst, and Andrew Caddell, a town councillor in Kamouraska, columnist for the Hill Times in Ottawa and President of the Task Force on Linguistic policy. The Canada Mortgage and Housing Corporation says Canada needs 3.45 million homes by the end of the decade, and that the country's three largest cities are at risk of losing people as housing costs soar New polling from Abacus continues the bad news for the Liberals and high times for Pierre Poillievre and the Conservatives “English Week” at a Quebec City CEGEP caused a conniption fit in the National Assembly

Interest rates have steadily climbed, and some homeowners are paying double or triple what they were before those hikes started. Tania Bourassa-Ochoa, a senior specialist with the Canada Mortgage and Housing Corporation, talks about the effects of those rate increases.

The Métis Nation of Alberta is investing heavily in solar and energy efficiency to save money and reduce emissions. The Nation has installed solar on 35 of its facilities in Alberta and is now building a 5-megawatt solar project at the Métis Crossing Culture Center near Smoky Lake, Alberta. We talk to their climate change guy and the woman in charge of the Métis Housing Corporation about their work. Changing for Climate Video Series ChangeforClimate.ca GreenEnergyFutures.ca

In todays show we talk about the Bank of Canada and its Rate Decision, We also look at the IMF and a recent study they released. We also look at CMHC, thats Canadian Mortgage & Housing Corporation and why they say the Canadian economy can't afford any more rate hikes, so buckle up, this a good one.  How the rate hike will affect your variable mortgage  IMF Reports high levels of household debt & large share of borrowing issued at floating rates are more exposed to higher mortgage payments resulting in a higher risk of defaults in Canada  46% of respondents in a CMHC said they must adjust their household budget. If you have any questions for the show or want to work with Nick and Dan please reach out to them on social media or send an email to tcreipodcast@gmail.com TCI Meetup Event  Nick  Instagram.com/mybuddynick tiktok.com/@mybuddynick twitter.com/mybuddynick89 Dan twitter.com/daniel_foch  instagram.com/danielfoch tiktok.com/@danielfoch Get a Pre Approval G & H Mortgage Group Analyze a Deal in Seconds & Track your Portfolio: https://www.lendlord.io/crei See omnystudio.com/listener for privacy information.

Guy Saint-Jacques, former Canadian Ambassador to China; Peter MacKay, former foreign affairs minister; Aled ab Iorwerth, Canada Mortgage and Housing Corporation; Richard Madan, CTV News; Stephen McNeil, former N.S. premier; Alison Redford, former Alberta premier; Gurratan Singh, Crestview Strategy; and Joyce Napier, CTV News.

Episode #55 - Ab Moore tells his story of how the Schlegel Villages came to Guelph as he sits on the Green Bench with hosts Kathy Buckworth and Evelyn Brindle from The Village of Arbour Trails. Through consultation with his family, Ab and his mother looked at retirement homes in the area, eventually settling on a development called Foxwood Place; a 50-unit building built by a group of volunteers from various denominations. Ab then joined the board in 1987, helping to secure the sponsorship of the Canadian Central Mortgage and Housing Corporation.  "It was evident back then that there were many people in retirement that were finding it difficult to find safe and affordable accommodation." - Ab Moore “I had observed what was going on and felt it was time for me to volunteer. So I joined the board in about 1987.” - Ab Moore Ailsa Craig is the name of the Independent Living lifestyle option at Schlegel Villages.  Learn about the name and its role at the Village. "The values that I picked up as a child from my parents and from the religious community in which I grew up, that there is a value in sharing with others." - Ab Moore "Older adults have so much that we can learn from." - Kathy Buckworth   Subscribe, rate, and review our podcast on any network and share your thoughts on social media using the #ElderWisdom tag to help others find us. ----more---- The Green Bench is a symbol of elder wisdom. Physically or virtually, the bench invites us all to sit alongside a senior, share a conversation, or give and offer advice. It challenges the stigma seniors face; the ageism still so prevalent in society. It reminds us of the wealth of wisdom our elders offer and in doing so, helps restore them to a place of reverence. "The greatest untapped resource in Canada, if not the world, is the collective wisdom of our elders." -Ron Schlegel This podcast is brought to you by Schlegel Villages Retirement & Long-term Care homes in Ontario, Canada. #ElderWisdom | Stories from the Green Bench is produced by Memory Tree Productions Learn more about our host, Kathy Buckworth, at kathybuckworth.com Learn more about #ElderWisdom at elderwisdom.ca Learn more about Schlegel Villages at schlegelvillages.com

A day after the United States and Germany each announced they would be sending tanks to the Eastern European country, Canadian officials confirmed Canada will donate battle tanks to Ukraine as well as send Canadian Armed Forces to train Ukrainian soldiers. Plus, the Canada Mortgage and Housing Corporation has released this year's annual rental market report and notes that in part migration continues to drive higher demand for rental space. And Canada joined two climate coalitions last week – and an economist says one of them will definitely raise prices for consumers. These stories and more on The Daily Brief with Anthony Furey and Cosmin Dzsurdzsa! Learn more about your ad choices. Visit megaphone.fm/adchoices

On today's show, home prices went down in October, but rent went up. Aled Ab Iorwerth, deputy chief economist from the Canadian Mortage and Housing Corporation joins us to explain. We also chat with Dalhousie University associate professor Ren Thomas about the progress of Canada's national housing strategy. Plus, professor and director of the Agri-Food Analytics Lab at Dalhousie University, Dr. Sylvain Charlebois, breaks down the FDA's approval of lab-grown meat. Learn more about your ad choices. Visit megaphone.fm/adchoices

Newfoundland and Labrador’s Liberal Premier Andrew Furey is taking a swing at the federal carbon tax. READ MORE HERE: https://twitter.com/fureyandrew/status/1565791208210841601 https://www.taxpayer.com/newsroom/trudeau-government-not-serious-about-making-life-more-affordable Will Taxes Make You Skinny? Newfoundland and Labrador’s Liberal Premier Andrew Furey is bringing in a new hidden tax on sugary beverages in his province. READ MORE HERE: https://www.taxpayer.com/newsroom/furey%E2%80%99s-pop-tax-is-nothing-more-than-a-tax-grab Surprise Surprise: Home Equity Tax is Unpopular The Canada Mortgage and Housing Corporation’s own study found 95 per cent of social media comments are against a home equity tax, according to records dug up by the Canadian Taxpayers Federation. READ MORE: https://www.taxpayer.com/newsroom/cmhc%E2%80%99s-own-study-finds-home-equity-tax-95-per-cent-unpopular Check out the CANADIAN TAXPAYERS STORE! Like this show? Subscribe and give us 5-stars! This podcast is brought to you by the Canadian Taxpayers Federation, Canada’s premier grassroots advocacy group pushing for lower taxes, less waste and accountable governments. Sign-up as a Canadian Taxpayers Federation supporter at no-charge TODAY: https://www.taxpayer.com/join.

While prices for homes in Canada have fallen, they are still higher than last summer. What does this mean for the housing market in Nova Scotia? We hear from a Royal LePage real estate agent and a senior analyst for the Canada Mortgage and Housing Corporation.

Rents are on the rise in Canada, making it harder for tenants to find a place that fits their budget. The Canada Mortgage and Housing Corporation's definition of "affordable" housing is a place that costs you less than 30 per cent of your household's income. But in Vancouver, where the average monthly rent for a two-bedroom is now $3,597 — you'd have to earn more than $150,000 for that rent to be affordable. In Toronto, your household would have to make more than $135,000. On today's episode of Front Burner, Andy Yan, director of the City Program at Simon Fraser University in B.C., breaks down what's happening with rents and what could be done to help make them more affordable.

Margrett Weldon brings us In The Know about an event commemorating the inauguration of the Toronto Seniors Housing Corporation, an organization created to help seniors get faster and better service from the city.

Richard Madan, CTV News; Yasir Naqvi, Liberal MP; Raquel Dancho, Conservative MP; Alistair MacGregor, NDP MP; Aled ab Iorwerth, Canada Mortgage and Housing Corporation; Yevheniya Kravchuk, Member of Ukraine Parliament; Adrian Ghobrial, CTV News; Ian Bailey, the Globe and Mail; and Tonda MacCharles, the Toronto Star.    

It's that time of the week where we take a look past the veil into the stories that don't get the attention they deserve in Ottawa. Guest host Jody Vance checks in with Managing Editor of Blacklock's Reporter Tom Korski. Tom tells Jody why the Canadian Mortgage and Housing Corporation is trying to get involved in home sales, why the online black market for cannabis out sales the legal market & why a change in the Criminal Code has outraged Conservative and NDP MP's. Let's get talking See omnystudio.com/listener for privacy information.

FREE report 7 Simple Steps to Becoming Your Own Banker -  http://7steps.ca/    Wealth Without Bay Street EPISODE #106: On today's episode of Wealth Without Baystreet, Jayson and Richard challenge an article's view about taxing homeowners in Canada. The Canada Mortgage and Housing Corporation supports the proposal of a surtax on homes valued at $1 million or more. Jayson and Richard talk about how this would hurt the middle class, hard working citizens of the country.    IN THIS EPISODE, YOU WILL LEARN:  0:00 Introduction 2:48 Looking Into The Article 5:20 Digging Deeper Into The Problem 10:02 The Government's Spending Problem 14:59 Origin of Income Tax in Canada 16:37 Real Estate Values 24:10 Why This Article Should Bother You   BNN Bloomberg Article: https://www.bnnbloomberg.ca/cmhc-backed-report-calls-for-surtax-on-1m-homes-1.1703518?fbclid=IwAR2T9R14BWOfNlHLGCYaUg6tBddcSTfjZLgY678wLsnCKIWSRC8rxGNTa8o Federal Reserve Money Supply Graph: https://fred.stlouisfed.org/series/M1SL

FREE report 7 Simple Steps to Becoming Your Own Banker –  http://7steps.ca/    Wealth Without Bay Street EPISODE #106: On today's episode of Wealth Without Baystreet, Jayson and Richard challenge an article's view about taxing homeowners in Canada. The Canada Mortgage and Housing Corporation supports the proposal of a surtax on homes valued at $1 million or more. Jayson and Richard talk about how this would hurt the middle class, hard working citizens of the country.    IN THIS EPISODE, YOU WILL LEARN:  0:00 Introduction 2:48 Looking Into The Article 5:20 Digging Deeper Into The Problem 10:02 The Government's Spending Problem 14:59 Origin of Income Tax in Canada 16:37 Real Estate Values 24:10 Why This Article Should Bother You   BNN Bloomberg Article: https://www.bnnbloomberg.ca/cmhc-backed-report-calls-for-surtax-on-1m-homes-1.1703518?fbclid=IwAR2T9R14BWOfNlHLGCYaUg6tBddcSTfjZLgY678wLsnCKIWSRC8rxGNTa8o Federal Reserve Money Supply Graph: https://fred.stlouisfed.org/series/M1SL

Kelvin Ndoro is a senior economics analyst with the Canada Mortgage and Housing Corporation.

Louisiana Housing Corporation: Performance Audit Services Manager Emily Dixon recaps a new LLA report that evaluates certain policies, board practices, and employee perspectives on the organizational culture at the Louisiana Housing Corporation. | https://LLA.La.gov/go/podcast

Louisiana Housing Corporation: Performance Audit Services Manager Emily Dixon recaps a new LLA report that evaluates certain policies, board practices, and employee perspectives on the organizational culture at the Louisiana Housing Corporation. | https://LLA.La.gov/go/podcast

**find the video podcast of this episode here: https://youtu.be/NycbXyUOMfw!**In this episode, Alisia Young interviews Dr. Enoch Omololu, DVM, the author of How to Buy a Home in Canada:  A Simplified Guide For The First-Time Home Buyer,  and the creator of The Savvy New Canadians (see bio below).Resources Recommended by Dr. Enoch Omololu:How to Buy a Home in Canada:  A Simplified Guide For The First-Time Home Buyer [book] - https://amzn.to/3xdqTnJ Savvy New Canadians [website] - https://www.savvynewcanadians.com/BONUS - Free guide on how to buy a home [guide] - https://www.savvynewcanadians.com/how-to-buy-a-house-in-canada-step-by-step-guide/Rob Carrick - personal finance column with The Globe And Mail - https://www.theglobeandmail.com/authors/rob-carrick/ratehub.ca - mortgage and real estate calculatorsCMHC - Canadian Mortgage and Housing Corporation - https://www.cmhc-schl.gc.ca/Connect & Contact Dr. Enoch Omololu:Website - https://www.savvynewcanadians.com/contact/Connect & Contact Alisia:Congrats Superwoman: When You've Climbed the Mountain and Still Don't Feel Good Enough - https://amzn.to/3nJcATHEat 'N' Live Free Youtube Channel - https://www.youtube.com/channel/UCQfB...Eat 'N' Live Free Website - www.eatnlivefree.comTeach Me Freedom Contact - teachmefreedom2020@gmail.comInstagram: @teachmefreedom2020Dr. Enoch' Omololu's Bio:Enoch Omololu is a veterinarian and the resident personal finance expert at Savvy New Canadians. He has a master's degree in Finance and Investment Management from the University of Aberdeen Business School and is the author of HOW TO BUY A HOME IN CANADA: A Simplified Guide For The First-Time Home Buyer. Enoch has a passion for helping others win with their finances and he has been featured on several leading Canadian personal finance publications.Connect & Contact Alisia: hello@teachmefreedom.ca Teach Me Freedom Website - www.teachmefreedom.ca Eat 'N' Live Free Website - www.eatnlivefree.com

Weekly Poll -Approval ratings for President Moon Jae-in and political parties -Public opinion on dividing the current Land and Housing Corporation -문재인 대통령 및 정당 지지율 -한국토지주택공사 (LH) 재분리를 둘러싼 여론 의견 Guest: Kelly Cho, Reporter

Geoff Streit, Board President of HomeStretch Non-Profit Housing Corporation (HomeStretch), joins "The Pursuit Of..." to share the mission and history of HomeStretch and advocate affording housing in Northern Michigan.HomeStretch Non-Profit Housing Corporation has been specifically organized to provide decent, affordable housing for persons of low and moderate-income.HomeStretch was established in 1996 in response to an identified Affordable Housing Crisis in Traverse City. Since then we have developed over 100 below-market-rate rentals and homes for sale, adding new obtainable housing stock to our communities each year.•••Promo Code: thepursuitof - New Leonard MediaHNMWellnessStore.comTinLidCo.com

Jacob is currently the Executive Director for the Denton Affordable Housing Corporation, a longstanding nonprofit that promotes and encourages quality affordable housing. In this episode, we discuss the magic of Denton, the Honda Ruckus, 2020 in retrospect, the College View neighborhood, the Denton Corner-store game, the awesomeness of Blue Bag Grocery, the suburban life, urban & suburban design, Denton zoning, and much more. Jacob Moses Linkedin Jacob Moses Facebook Jacob Moses Twitter Denton Affordable Housing Corporation    

Alex is joined by Lou Berkovitz, Global News Radio Real Estate Expert to discuss the the new mortgage incentive, Home Buyer's Plan boost under 2019 budget. Can't afford to buy a house? The government may take on part of the cost. That is the gist of the boldest proposal that Budget 2019 puts forth to help more middle-income Canadians fulfill their homeownership dream. Under the new CMHC First-Time Home Buyer Incentive, the Canada Mortgage and Housing Corporation would use up to $1.25 billion over three years to help lower mortgage costs for eligible Canadians.