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Tag Archives: Government

StatsCan reveals fastest growing Canadian cities

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The COVID-19 pandemic proved to be no impediment to Canada’s fastest growing cities, which now sport population growth rates approaching and even exceeding 2%. Taking 2019 and 2020 trends into account, Statistics Canada reported the communities with the strongest population growth: Oshawa – 2.1% Halifax – 2% Kitchener-Waterloo-Cambridge – 2% Kelowna – 1.9% Calgary – 1.9% Saskatoon [&hellip…

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StatsCan: Value of residential building permits grew by 34% last year

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Recent figures from Statistics Canada showed that the value of residential building permits nationwide increased by 34% annually, with British Columbia’s home construction sector leading the charge. Rising to a total of $6.4 billion in November, the total value of Canadian residential permits grew by 10% monthly, breaking the previous record set in September 2020, according [&hellip…

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First-Time Home Buyer Incentive to Become More Useful in Select Markets

First-time homebuyers in three of Canada’s most expensive housing markets will soon have an easier time qualifying for the First-Time Home Buyer Incentive (FTHBI). The government’s recent Fall Economic Statement included changes that will ease eligibility criteria for first-time buyers in Toronto, Vancouver and Victoria. The changes were first announced in September 2019, but are [&hellip…

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