Canadian Mortgage News

November 2009 National Archive

Mortgage News & Press Releases - November 2009

• Housing Activity to Strengthen in 2010
  OTTAWA, Ontario, November 02, 2009 — Housing starts have started to recover and are expected to continueto improve in the second half of 2009. Starts are expected to reach141,900 for the year and will increase to 164,900 for 2010,
  
• Changing Lives - Creating Partnerships
  ST. JOHN'S, Newfoundland & Labrador, November 03, 2009 — The lives of 18 individuals changed for the better today with theofficial opening of the Stella Burry Community Services’ newand much-anticipated housing project in Rawlins Cross.
  
• CMHC Announces Housing Studies Achievement Award Winners
  OTTAWA, Ontario, November 03, 2009 — Canada Mortgage and Housing Corporation (CMHC) today announced thesix winners of CMHC’s Housing Studies Achievement Award. Sixprizes of $10,000 — three at a master’s level and three
  
• Governments of Canada and Yukon Celebrate New Affordable Housing in Teslin and ...
  WHITEHORSE, Yukon, November 03, 2009 — The Honourable Diane Finley, Minister of Human Resources and SkillsDevelopment Canada and Minister Responsible for Canada Mortgage andHousing Corporation (CMHC), along with Jim Kenyon, Minister
  
• CREA clarifies media inaccuracies
  OTTAWA, Ontario, November 03, 2009 — The Canadian Real Estate Association (CREA) today released thefollowing statement in response to the various media reportsregarding the proposed resolution between CREA and the Competition
  
• Canada's Economic Action Plan Delivers Housing-Related Infrastructure Loan for ...
  WOODSTOCK, Ontario, November 09, 2009 — The Government of Canada announced today that the County of Oxfordhas been approved for seven infrastructure loans as part ofCanada’s Economic Action Plan.
  
• October Housing Starts
  OTTAWA, Ontario, November 09, 2009 — The seasonally adjusted annual rate 1 of housing startsreached 157,300 units in October. This is an increase from 149,300units started in September, according to Canada Mortgage and
  
• Governments of Canada and Yukon Celebrate New Youth Housing in Whitehorse
  WHITEHORSE, Yukon, November 10, 2009 — Senator Daniel Lang (Yukon), on behalf of the Honourable DianeFinley, Minister of Human Resources and Skills Development Canadaand Minister Responsible for Canada Mortgage and Housing
  
• Deputy Governor David Longworth to Retire from the Bank of Canada
  OTTAWA, Ontario, November 12, 2009 — The Bank of Canada announced today that Deputy Governor DavidLongworth will retire on 31 March 2010. Mr. Longworth joined the Bank in 1974 and was appointed Deputy
  
• Canada's Economic Action Plan Delivers Housing-Related Infrastructure Loan for ...
  SAINT JOHN, New Brunswick, November 13, 2009 — The Government of Canada announced today that the City of Saint John has been approved for two infrastructure loans as part of Canada’s Economic Action Plan. The announcement was made by Rodney Weston, Member of Parliament for Saint John, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills …
  
• Annual State of the Residential Mortgage Market in Canada - November 2009
  TORONTO, Ontario, November 16, 2009 — Canadians are emerging from the recession confident that the value of their homes is rising and optimistic about their local housing markets. The Canadian mortgage market is rebounding and will surpass the $1 trillion mark in 2010, reports the Canadian Association of Accredited Mortgage Professionals (CAAMP) in the fifth edition of the Annual State of …
  
• Key Report: 2009 Canadian Housing Observer Released by CMHC
  OTTAWA, Ontario, November 16, 2009 — Innovative approaches developed by the private sector, not-for-profit sector and all levels of government are increasingly driving the production of affordable housing, particularly for low-income households, reports the 2009 Canadian Housing Observer, released today by Canada Mortgage and Housing Corporation (CMHC). “The 2009 Canadian Housing …
  
• MLS® home sales forecast revised
  OTTAWA, Ontario, November 16, 2009 — Monthly MLS® home sales activity continues to run strong, with new monthly records set in July, September, and October. This has prompted The Canadian Real Estate Association to revise its MLS® home sales forecast for 2009 and 2010. CREA now forecasts national activity will reach 460,200 units in 2009, up 6.6 per cent from last year. …
  
• Focus the Debate on International Monetary System Reform, says Bank of Canada ...
  OTTAWA, Ontario, November 19, 2009 — Countries around the world have a responsibility to promote an open, flexible, and resilient international monetary system, Bank of Canada Governor Mark Carney said today, calling for more focused debate on reform of the basic framework that underpins global commerce. A well-functioning international monetary system is required to promote economic …
  
• Windsor Celebrates New Affordable Housing
  WINDSOR, Ontario, November 20, 2009 — The Government of Canada, the Government of Ontario, and the City of Windsor celebrated the funding for 15 new affordable rental units.  This project is supported by $1.8 million in funding through the Canada – Ontario Affordable Housing Program. Jeff Watson, Member of Parliament for Essex, on behalf of the Honourable Diane Finley, …
  
• National Housing Day Celebrated with Launch of 2010 CMHC Housing Awards
  OTTAWA, Ontario, November 24, 2009 — Canada Mortgage and Housing Corporation (CMHC) marked National Housing Day by launching a call for entries to the 2010 CMHC Housing Awards Program, which recognizes private sector-led best practices in affordable housing. “National Housing Day is an opportunity to showcase solutions that address affordable housing needs in Canada,” …