Canadian Mortgage News

November 2005 National Archive

Mortgage News & Press Releases - November 2005

• Canada to Partner with Chinese Developers to Build Large-Scale Sustainable Community in Shanghai
  OTTAWA, Ontario, November 2, 2005 — The Honourable Joe Fontana, Minister of Labour and Housing, the Honourable Jim Peterson, Minister of International Trade, the Honourable John McCallum, Acting Minister of Natural Resources and the Honourable David Emerson, Minister of Industry today announced that Canada will be cooperating with Chinese developer Shanghai Land Group on the planning, …
  
• Covenant House Unveils Renovations
  TORONTO, Ontario, November 2, 2005 — Canada's largest shelter for homeless youth is now more accessible and healthier after the completion of extensive renovations. Covenant House today celebrated the official unveiling of the renovations and a new accessibility elevator.
  
• Investments in Affordable Housing Have Multiple Community Benefits
  WHITEHORSE, Yukon, November 3, 2005 — The Government of Canada and the Yukon government announced today that they will provide $3.5 million under the Canada/Yukon Affordable Housing Agreement towards the construction of 48 new units of affordable housing in Whitehorse.
  
• Investments in Affordable Housing Have Multiple Community Benefits
  WHITEHORSE, Yukon, November 3, 2005 — The Government of Canada and the Yukon government announced today that they will provide $3.5 million under the Canada/Yukon Affordable Housing Agreement towards the construction of 48 new units of affordable housing in Whitehorse.
  
• Affordable Housing Project Renovates Former Schoolhouse in Ituna
  ITUNA, Saskatchewan, November 4, 2005 — An innovative project in Ituna has renovated a 1950s schoolhouse into four units of affordable housing, thanks to the help of federal, provincial, and municipal funding.
  
• Canadian Institute of Mortgage Brokers and Lenders to become professional association
  TORONTO, Ontario, November 7, 2005 – Ron Swift, AMP, President of the Canadian Institute of Mortgage Brokers and Lenders (CIMBL) announced today CIMBL is transforming itself into a 100 per cent accredited, professional association over the next 12 months. "Canadians have made it absolutely clear they support this move," said Swift, speaking to more than 2,000 delegates at the association's …
  
• Affordable Housing Projects Slated for Winnipeg's West End and Centennial Neighbourhoods
  WINNIPEG, Manitoba, November 7, 2005 — Low-to moderate-income residents in Winnipeg's Daniel McIntyre, St. Matthews and Centennial neighbourhoods will soon have access to more affordable housing with the major renovation of 14 homes and the construction of one new energy-efficient home, with up to $572,000 from the Government of Canada, the Province of Manitoba and the City of Winnipeg …
  
• Assisted Living Under Construction in Campbell River
  CAMPBELL RIVER, British Columbia, November 7, 2005 — Construction started today for the Campbell River and District Association for Community Living's new $10.8 million housing project for seniors and people with disabilities.
  
• Liverpool Residents Get New Affordable Rental Housing
  LIVERPOOL, Nova Scotia, November 8, 2005 — Families, seniors, and persons with disabilities in the Region of Queens Municipality will have access to new affordable rental housing thanks to developments valued at $2.1 million approved under the Canada–Nova Scotia Affordable Housing agreement.
  
• Housing Starts Fall in October
  OTTAWA, Ontario, November 8, 2005 — The seasonally adjusted annual rate1 of housing starts was 206,700 units in October, down from 229,600 units in September, according to Canada Mortgage and Housing Corporation (CMHC).
  
• Affordable Housing Project Begins Construction [Brantford, Ontario]
  BRANTFORD, Ontario, November 9, 2005 — The Government of Canada, the Government of Ontario, and the City of Brantford held a plaque dedication ceremony today to mark the start of construction on a project that will create 27 units of affordable housing in the City of Brantford under the Canada–Ontario Affordable Housing Program.
  
• Affordable Housing Project Begins Construction [Paris, Ontario]
  PARIS, Ontario, November 9, 2005 — The Government of Canada, the Government of Ontario, and the County of Brant held a plaque dedication ceremony today to mark the start of construction on a project that will create 24 units of affordable housing in Paris, County of Brant, under the Canada–Ontario Affordable Housing Program.
  
• Habitat for Humanity Opens New Affordable Housing in Charlottetown
  CHARLOTTETOWN, Prince Edward Island, November 10, 2005 — The Honourable Shawn Murphy, Member of Parliament for Charlottetown, on behalf of the Honourable Joe Fontana, Minister of Labour and Housing, along with the Honourable Chester Gillan, Prince Edward Island Minister of Health and Social Services, today officially announced the opening of a new Habitat for Humanity home supported by the …
  
• Urban Aboriginal Housing Construction Project Being Launched in Winnipeg
  WINNIPEG, Manitoba, November 10, 2005 — The first urban Aboriginal housing project in Manitoba in over a decade will soon provide 10 new rental homes for Aboriginal families with low incomes, living in the Centennial neighbourhood. The project is being made possible with $1.6 million from the Government of Canada, Province of Manitoba and the City of Winnipeg, through the Winnipeg Housing …
  
• Opening — 23 New Social and Community Housing Units in Saint-Damien-de-Buckland
  SAINT-DAMIEN-DE-BUCKLAND, Québec, November 14, 2005 — Modest and low-income households in Saint-Damien-de-Buckland now have more affordable housing options thanks to the development of Habitations Rayon de Soleil, a building that was recycled into a residential project providing 23 new social and community housing units for families and …
  
• Federal Government Funds Repairs to Affordable Housing in Lumby
  LUMBY, British Columbia, November 14, 2005 — Senator Jack Austin, on behalf of the Honourable Joe Fontana, Minister of Labour and Housing, and family-owned Woodbought Properties Inc. today announced the completion of renovations to Woodbought Properties, an affordable housing development in Lumby. The federal government, through Canada Mortgage and Housing Corporation (CMHC), provided …
  
• Opening — 23 New Social and Community Housing Units in Saint-Damien-de-Buckland
  SAINT-DAMIEN-DE-BUCKLAND, Québec, November 14, 2005 — Modest and low-income households in Saint-Damien-de-Buckland now have more affordable housing options thanks to the development of Habitations Rayon de Soleil, a building that was recycled into a residential project providing 23 new social and community housing units for families and …
  
• Regional Mortgage Managers Needed
  CALGARY, Alberta, November 17, 2005 — The Canadian Equity Group Inc. requires licensed mortgage professionals with at least 3 years experience that are seeking a Branch Manager position. The appropriate candidate will receive excellent marketing support, nationally generated leads, call center assistance, full administrative and online support, as well as access to the most popular …
  
• Next Phase of Campus of Care Breaks Ground in Poco
  PORT COQUITLAM, British Columbia, November 18, 2005 — Another phase in the redevelopment of a Port Coquitlam seniors' housing complex broke ground today, with construction starting on 70 affordable assisted living units.
  
• Community Pilot Project to Address Housing Needs in Grand Rapids Area
  OTTAWA, Ontario, November 21, 2005 — The Honourable Joe Fontana, Minister of Labour and Housing, the Honourable Christine Melnick, Manitoba Minister of Family Services and Housing, Mayor Robert Buck and Grand Rapids Chief Ovide Mercredi announced today a unique partnership between the Government of Canada, the Government of Manitoba, the community of Grand Rapids, and the Grand Rapids …
  
• CMHC and Nak'Azdli Band Sign First On-Reserve Homeownership Loan Insurance Pilot Agreement
  OTTAWA, Ontario, November 21, 2005 — The Honourable Joe Fontana, Minister of Labour and Housing and Chief Leonard Thomas, Nak'azdli Band today announced that the Nak'azdli Band Council and Canada Mortgage and Housing Corporation (CMHC) signed the first agreement to participate in a pilot project aimed at expanding on-reserve First Nations members access to homeownership loan …
  
• National Renovation and Homelessness Programs Extended
  OTTAWA, Ontario, November 22, 2005 — The Honourable Joe Fontana, Minister of Labour and Housing, announced $262.9 million today for the one-year extension of two important federal programs, the National Homelessness Initiative (NHI), and Canada Mortgage and Housing Corporation’s (CMHC) Residential Rehabilitation Assistance Program …
  
• Renovation Projects Boost Affordable Housing Committments in Winnipeg to Over 3000 Units
  WINNIPEG, Manitoba, November 22, 2005 — Renovations to a 42 year-old Elmwood apartment block and a north-end duplex will soon provide an additional 36 units of affordable housing for low-income Winnipeg residents. The projects are being made possible with the support of over $419,000 in funding assistance from the Government of Canada, the Province of Manitoba and the City of Winnipeg, …
  
• Affordable Student Housing Pilot Program Extended to Antigonish
  ANTIGONISH, Nova Scotia, November 23, 2005 — Low income single parents attending St. Francis Xavier University will have access to affordable rental housing thanks to a student housing pilot program created under the Canada – Nova Scotia Affordable Housing agreement.
  
• Affordable Student Housing Pilot Program Extended to Cape Breton
  SYDNEY, Nova Scotia, November 24, 2005 — Low-income single-parents attending Cape Breton University will have access to affordable rental housing thanks to a student housing pilot program created under the Canada – Nova Scotia Affordable Housing agreement.
  
• More Funding for Affordable Housing in Newfoundland and Labrador
  ST. JOHN'S, Newfoundland and Labrador, November 25, 2005 — The federal and provincial governments today announced an additional $10.62 million to create more affordable housing for Newfoundland and Labrador residents most in need.
  
• Construction Begins on Affordable Housing Project in Peterborough
  PETERBOROUGH, Ontario, November 25, 2005 — The Government of Canada, the Government of Ontario, and the City of Peterborough held a ceremony today to mark the start of renovation of the Woollen Mill, a project that will create 50 units of affordable housing in Peterborough under the Canada – Ontario Affordable Housing Program.
  
• Bridgewater Residents Get New Affordable Rental Housing
  BRIDGEWATER, Nova Scotia, November 25, 2005 — People living in Bridgewater will have access to more affordable rental housing thanks to a $1.63 million, 25-unit development approved under the Canada–Nova Scotia Affordable Housing Agreement.
  
• Halifax Residents Get New Affordable Rental Housing
  HALIFAX, Nova Scotia, November 25, 2005 — People living in Halifax Regional Municipality will have access to more affordable rental housing thanks to a $1.96 million, 23-unit development approved under the Canada–Nova Scotia Affordable Housing agreement.
  
• Assisted Living Provides More Options for Salmon Arm Seniors
  SALMON ARM, British Columbia, November 25, 2005 — Seniors in Salmon Arm are one step closer to having more affordable housing options as construction begins on thirty new subsidized assisted living units at the Pioneer Lodge.
  
• $3.7 Million Allocated for Affordable Housing in Waterloo
  KITCHENER, Ontario, November 28, 2005 — The Government of Canada, the Government of Ontario and the Region of Waterloo held a ribbon-cutting ceremony today to mark the opening of six buildings that will provide 244 units of affordable housing in the Region of Waterloo area under the Canada – Ontario Affordable Housing Program. The units have been built for lower-income individuals, …
  
• New Transitional Housing for Women in Victoria
  VICTORIA, British Columbia, November 29, 2005 — Older women fleeing abusive relationships will soon have more options for safe and affordable supportive housing as construction begins on twenty-three new transitional units in Victoria.