Canadian Mortgage News

July 2009 National Archive

Mortgage News & Press Releases - July 2009

• Government of Canada Celebrates Canada Day at Granville Island
  VANCOUVER, British Columbia, July 01, 2009 — The Honorable Senator Gerry St. Germain, representing Langley– Pemberton – Whistler, on behalf on the HonourableDiane Finley, Minister of Human Resources and Skills Development
  
• Construction to Begin on Affordable Housing Projects in Kawartha Lakes
  KAWARTHA LAKES, Ontario, July 03, 2009 — The Government of Canada, the Province of Ontario and the City ofKawartha Lakes today announced more than $8.2 million to fund twoconstruction-ready projects in Kawartha Lakes.
  
• Housing Starts Increase in June
  OTTAWA, Ontario, July 09, 2009 — The seasonally adjusted annual rate 1 of housing startsincreased to 140,700 units in June from 130,300 units in May,according to Canada Mortgage and Housing Corporation (CMHC).
  
• Construction Set to Begin on New Affordable Housing in Windsor
  WINDSOR, Ontario, July 10, 2009 — The Government of Canada, the Province of Ontario and the City ofWindsor today announced $1.9 million to fund sixconstruction-ready projects.
  
• Ottawa Celebrates New Affordable Housing
  OTTAWA, Ontario, July 10, 2009 — The Government of Canada, the Government of Ontario and the City ofOttawa today celebrated the start of construction of the BeaverBarracks housing project that will create 248 new affordable
  
• Peterview Celebrates New Affordable Housing
  PETERVIEW, Newfoundland & Labrador, July 10, 2009 — The Government of Canada, the Government of Newfoundland andLabrador and the Municipality of Peterview today celebrated theopening of 10 new affordable rental units. The Quiet Corners
  
• Construction Set to Begin on New Affordable Housing in Caledon
  CALEDON, Ontario, July 14, 2009 — The Government of Canada, the Province of Ontario and the Region ofPeel today announced $1.8 million to fund a construction-readyproject in Caledon.
  
• Construction Starts on Affordable Housing Complex in Sudbury
  SUDBURY, Ontario, July 14, 2009 — The Government of Canada, the Government of Ontario, and the Cityof Greater Sudbury today launched an affordable housing projectthat will create 80 units of affordable housing for low-income
  
• MLS® home sales rebound in the second quarter
  OTTAWA, Ontario, July 14, 2009 — National resale housing market activity bounced back strongly inthe second quarter of 2009 above levels reported for the sameperiod last year. Demand continues to rebound sharply in some of
  
• Canada’s Economic Action Plan Helps to Improve On-Reserve Social Housing ...
  VANCOUVER, British Columbia, July 15, 2009 — The Government of Canada announced today a $5.3 millioninvestment, as part of Canada’s Economic ActionPlan, for the Musqueam First Nation to build 31 social housing
  
• Hastings County Celebrates New Affordable Housing
  BELLEVILLE, Ontario, July 20, 2009 — The Government of Canada, the Government of Ontario, and HastingsCounty today celebrated 40 affordable housing units in six newprojects. The projects are supported by $2.8 million in
  
• Bank of Canada maintains overnight rate target at 1/4 per cent and reiterates ...
  OTTAWA, Ontario, July 21, 2009 — The Bank of Canada today announced that it is maintaining itstarget for the overnight rate at 1/4 per cent. The BankRate is unchanged at 1/2 per cent and the deposit rate is
  
• Canada’s Economic Action Plan Delivers Housing-Related Infrastructure ...
  COURTRIGHT, Ontario, July 24, 2009 — The Government of Canada announced today that the Township ofSt. Clair has been approved for an infrastructure loan as partof Canada’s Economic Action Plan.
  
• Green Dream Home EQuilibrium™ Demonstration Project Starts Construction ...
  KAMLOOPS, British Columbia, July 24, 2009 — The Government of Canada today marked the start of construction ofthe Green Dream Home demonstration project, an energy-efficient andenvironmentally friendly home to be built in Kamloops.
  
• New Affordable Seniors Housing in Watson Lake
  WATSON LAKE,, July 27, 2009 — The governments of Canada and Yukon, along with community partners,participated in a sod-turning today on a $4.5 million, 12-unithousing development for seniors.