Canadian Mortgage News

June 2005 National Archive

Mortgage News & Press Releases - June 2005

• Government Boosts Support for Women and Children Fleeing
  TORONTO, Ontario, June 2, 2005 — Kingston Interval House celebrated its 30th anniversary with the opening of a new, larger facility for victims of domestic abuse. The new facility was made possible through funding from the Ontario Ministry of Community and Social Services and the Canada Mortgage and Housing Corporation (CMHC).
  
• MorWEB generates positive feedback from Canadian mortgage brokers
  June 2, 2005 - Across Canada mortgage brokers are discovering the advantages of MorWEB and the response continues to be very positive, once again confirming the benefits of Marlborough Stirling’s broker-focused mortgage origination technology.
  
• Ground-Breaking for Seniors Residence in Villeneuve
  VILLENEUVE, Alberta, June 5, 2005 — A special ground-breaking ceremony was held today, in Villeneuve, to mark the start of construction of the West Sturgeon Seniors Residence. Lead by the West Sturgeon Aging in Place Foundation, this affordable housing project includes $2.75 million in federal and provincial funding under the Canada-Alberta Affordable Housing …
  
• 70 Affordable Housing Units Now Available in Grande Prairie
  GRANDE PRAIRIE, Alberta, June 6, 2005 — A special ceremony held today marked the official opening of the Margaret Edgson Manor, which will provide 70 new affordable housing units for low- to moderate-income individuals with disabilities and families in Grande Prairie. Fifteen of the 70 two-bedroom units will specifically meet the needs of local residents with …
  
• Canada Launched Super E® House Building Technology in China Today
  OTTAWA, Ontario, June 6, 2005 — The innovative Canadian Super E® initiative was officially launched in China today at the opening of the Shanghai Gubei She Shan International Villa.
  
• Minister Fontana Announces Appointments to CMHC Board
  OTTAWA, Ontario, June 6, 2005 — The Honourable Joe Fontana, Minister of Labour and Housing announced today the appointments of Harold Calla and Gary P. Mooney to the Board of Canada Mortgage and Housing Corporation. Mr. Calla will represent the province of British Columbia, and Mr. Mooney the province of Ontario.
  
• Housing Starts Decrease but Remain Strong in May
  OTTAWA, Ontario, June 8, 2005 — The seasonally adjusted annual rate1 of housing starts was 218,800 units in May, down 5.0 per cent from 230,400 units in April, according to Canada Mortgage and Housing Corporation (CMHC).
  
• Mortgage Intelligence consultants in Windsor rise to the challenge for Habitat’s “Jimmy Carter Work Project”
  Windsor, ON (June 14, 2005) -- Whether it’s swinging hammers, painting or landscaping, Mortgage Intelligence consultants will roll up their sleeves to help build a Habitat home for a local family in need.
  
• Cochrane Breaks Ground on Affordable Housing Project
  COCHRANE, Alberta, June 15, 2005 — A special groundbreaking ceremony marked the start of construction for 21 new units of affordable housing in Cochrane. Lead by the Cochrane Society for Housing Options, the project will help meet the needs of low- to moderate-income residents when completed in late November 2005.
  
• Westminster Savings Credit Union partners with Marlborough Stirling to accept mortgage applications via MorWEB
  June 15, 2005 - Westminster Savings Credit Union has become the latest lender to begin accepting mortgage applications through MorWEB, Marlborough Stirling's mortgage origination system for brokers.
  
• New Rental Housing Open Today in Michipicoten First Nation
  WAWA, Ontario, June 17, 2005 — Migizi Suswin (Eagle's Nest), a new 10-unit complex overlooking Lake Superior, officially opened today and will be the new home to the Michipicoten First Nation Elders.
  
• Minister Launches On-Line Guide to Co-Op Housing
  EDMONTON, Alberta, June 18, 2005 — The Honourable Joe Fontana, Minister of Labour and Housing, announced today the launch of a new comprehensive on-line Guide to Co-operative Housing, at the Co-Operative Housing Federation of Canada's (CHFC) Annual General Meeting. This Canada Mortgage and Housing Corporation (CMHC) guide provides information on all aspects of co-operative …
  
• Marlborough Stirling mortgage broker contract introduces new flexibility to the marketplace for clients
  July 18, 2005 – In bringing competition to the mortgage broker market for origination and client management technology, Marlborough Stirling Canada remains committed to providing broker clients with first-rate service and a contract that doesn’t limit your ability to use the technology of your choice.
  
• Affordable Housing Québec — Inauguration — 51 New Affordable Housing Units in Québec City
  QUÉBEC CITY, Québec, June 20, 2005 — Lower-income families and individuals in Québec City will soon have more affordable housing options thanks to the construction of La Maison du Peuple housing co-operative, a project comprising four buildings with a total of 51 housing units located in the Limoilou borough of Québec City, an investment of $5.9 …
  
• Financial Assistance Available from CMHC for Housing Repair
  TORONTO, Ontario, June 20, 2005 — The Honourable Joe Fontana, Minister of Labour and Housing, announced today that Canada Mortgage and Housing Corporation (CMHC) is opening a call for applications for renovation of rental or rooming house properties and shelters for victims of family violence in Ontario. The deadline for applications is July …
  
• Former US President Jimmy Carter Dedicates Six New Habitat for Humanity Homes in Windsor, Ontario
  WINDSOR, Ontario, June 23, 2005 — Six Canadian families will realize their dream of home ownership today as a result of the first ever Canadian-American Habitat for Humanity Jimmy Carter Work Project. Former US president Jimmy Carter and his wife Rosalynn are in Windsor, Ontario today to celebrate the completion of the Habitat for Humanity Windsor-Essex Blitz Build, hosted by Habitat for …
  
• The Women's Centre Receives Federal Funding for Renovations
  OWEN SOUND, Ontario, June 24, 2005 — The Women’s Centre (Grey & Bruce) Inc. will receive $107,365 in federal funding to support renovations to the existing building, the Honourable Joe Fontana, Minister of Labour and Housing, announced today. The funding, provided through Canada Mortgage and Housing Corporation’s (CMHC) Shelter Enhancement Program (SEP), will be used to …
  
• New Local Shelter Helps Women Stay in Their Community
  NIAGARA FALLS, Ontario, June 24, 2005 — After years of planning and extensive renovations, the YWCA St. Catharines celebrated the official opening of its shelter project in Niagara Falls today. The newly opened shelter offers 20 emergency beds for women and their children. The facility was made possible with funding of $625,000 from Canada Mortgage and Housing Corporation (CMHC)'s Shelter …
  
• Habitat for Humanity Helps Ten More Families Leave Poverty Housing
  TORONTO, Ontario, June 26, 2005 — The lives of 10 families were forever changed today when they received the keys to their new Habitat for Humanity homes during a dedication ceremony at the largest Habitat site in Canadian history.
  
• Inauguration — 51 New Social and Community Housing Units in Québec City
  QUÉBEC CITY, Québec, June 27, 2005 — Low-income families and individuals now have more affordable housing options thanks to the construction of the Coopérative d'habitation Les Méritas and the Coopérative de solidarité L'Étale, two housing projects providing a total of 51 dwellings in Québec …
  
• Inauguration of Résidence Laurier in Saint-Lin-Laurentides
  SAINT-LIN-LAURENTIDES, Québec, June 27, 2005 — Seniors now have more affordable housing options thanks to the construction of 22 new housing units on 14th Avenue, in Saint-Lin-Laurentides. Résidence Laurier required investments of over $2.1 million thanks to participation of public, private, and community partners.
  
• Over $9.6 Million Approved in Alberta for Affordable Housing Projects
  EDMONTON, Alberta, June 28, 2005 — More than $9.6 million has been allocated under the Canada-Alberta Affordable Housing Program to help create 211 new affordable housing units in six Alberta communities. The projects will be built in Banff, Edmonton, Grande Cache, Grande Prairie, Medicine Hat and Whitecourt.