Mortgage News & Press Releases - November 2008
- Bank of Canada announces senior appointments in new internal structure
OTTAWA, Ontario, November 03, 2008 — In order to hone its focus on a safe and sound financial system, reinforce research, and streamline management processes, the Bank of Canada has realigned responsibilities and made a series of senior appointments to lead its work in monetary policy, financial stability, management of the Government of Canada's funds, and Canadian bank notes. The new …
- Winners of CMHC 2008 Housing Awards Announced
OTTAWA, Ontario, November 03, 2008 — Canada Mortgage and Housing Corporation (CMHC) will announce today the 16 winners of CMHC’s Housing Awards Program, which recognizes housing initiatives that have contributed to improving the affordability of housing in Canada. “This year’s CMHC Housing Award winners showcase the incredibly rich source of housing knowledge and …
- Housing Starts Remained Strong in October
OTTAWA, Ontario, November 10, 2008 — The seasonally adjusted annual rate 1 of housing starts was 211,800 units in October, down from 218,600 units in September, according to Canada Mortgage and Housing Corporation (CMHC). “Housing starts remained strong in October and are consistent with our new home construction forecast for 2008,” said Bob Dugan, Chief Economist at …
- CMHC Releases Comprehensive Report on Housing in Canada
OTTAWA, Ontario, November 13, 2008 — New analysis that tracked how long Canadians living in core housing need* remained in this situation over a three-year period is unveiled in the 2008 Canadian Housing Observer, released today by Canada Mortgage and Housing Corporation (CMHC). "The 2008 Canadian Housing Observer provides an in-depth picture of housing trends and developments in …
- Governor Carney says the global financial system needs continuously open markets
LONDON, England, November 19, 2008 — In order to achieve a full recovery, the global financial system must have continuously open markets at its core, Bank of Canada Governor Mark Carney argued today in a speech to the Canada – United Kingdom Chamber of Commerce. Even under stress, core markets such as interbank lending, commercial paper, and repo for high-quality securities must …
- Federal, Provincial and Municipal Partners Recognize National Housing Day
OTTAWA, Ontario, November 21, 2008 — The Government of Canada, the Government of Ontario and the City of Ottawa, recognized National Housing Day today by announcing support for nine affordable housing projects in Ottawa which will create more than 352 new affordable rental units with over $19.5 million in funding under the Canada – Ontario Affordable Housing Program. Ed …
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