Canadian Mortgage News

October 2009 National Archive

Mortgage News & Press Releases - October 2009

• Quebec Set to Introduce Licensing for Real Estate and Mortgage Industries
  MONTREAL, Quebec, October 06, 2009 — The Canadian Association of Accredited Mortgage Professionals(CAAMP) is looking forward to the adoption of licensing regulationsincluded in the new Loi sur le courtage immobilier adopted by the
  
• September Housing Starts
  OTTAWA, Ontario, October 08, 2009 — The seasonally adjusted annual rate 1 of housing starts reached 150,100 units in September compared to157,300 units in August, according to Canada Mortgage and Housing
  
• CAAMP Announces Canadian Mortgage Conference and Expo in Toronto, November 22-24
  TORONTO, Ontario, October 13, 2009 — The Canadian Association of Accredited Mortgage Professionals(CAAMP) will host the 2009 Canadian Mortgage Conference and Expo,Blueprint for the Future in Toronto from Sunday, November 22 to
  
• 22 M Supportive Housing Opens in Downtown Eastside
  VANCOUVER, British Columbia, October 13, 2009 — People dealing with addictions, mental health and at risk ofhomelessness will have access to 92 units of supportive housing nowopen at the Lux in Vancouver’s Downtown Eastside, thanks to
  
• Canada's Economic Action Plan Delivers Housing-Related Infrastructure Loan for ...
  ERIN, Ontario, October 13, 2009 — The Government of Canada announced today that the Town of Erin hasbeen approved for an infrastructure loan as part of Canada’sEconomic Action Plan.
  
• Canada's Economic Action Plan Delivers Housing-Related Infrastructure Loan for ...
  PETROLIA, Ontario, October 14, 2009 — The Government of Canada announced today that the Town of Petroliahas been approved for two infrastructure loans as part ofCanada’s Economic Action Plan.
  
• Governments of Canada, Manitoba, and Winnipeg Commit to 25 More Affordable ...
  WINNIPEG, Manitoba, October 14, 2009 — The Government of Canada, the Province of Manitoba and the City ofWinnipeg are making a joint investment to create new affordablehousing for Canadians.
  
• MLS® home sales grow stronger in the third quarter
  OTTAWA, Ontario, October 15, 2009 — National resale housing activity climbed to the highest level ofany third quarter on record. Actual (not seasonally adjusted) home sales via the Multiple
  
• Government of Canada and Province of British Columbia Open a Housing Project ...
  PRINCE GEORGE, British Columbia, October 16, 2009 — Friendship Lodge, an $8.1-million, 30-unit apartment building,officially opened today to provide housing and support services foradults who are homeless or at risk of homelessness with mental
  
• New Homes Open for Wasauksing First Nation
  PARRY SOUND, Ontario, October 16, 2009 — Wasauksing First Nation celebrated the grand opening of a$1.2 million project with seven housing units today.Chief Shane Tabobondung was joined by community and guests to
  
• London Celebrates New Affordable Housing
  LONDON, Ontario, October 16, 2009 — The Government of Canada, the Government of Ontario, and the Cityof London today celebrated the opening 52 new affordable rentalunits. The project is supported by more than $3.6 million in
  
• Seniors' Affordable Housing Project Opens in Pinehouse
  PINEHOUSE, Saskatchewan, October 16, 2009 — A new rental housing project for low to moderate-income seniorsofficially opened today in Pinehouse, thanks to a $300,000 fundingcommitment from the federal and provincial governments.  The
  
• Bank of Canada maintains overnight rate target at 1/4 per cent and reiterates ...
  OTTAWA, Ontario, October 20, 2009 — The Bank of Canada today announced that it is maintaining itstarget for the overnight rate at 1/4 per cent. The Bank Rate isunchanged at 1/2 per cent and the deposit rate is 1/4 per cent.
  
• Bank of Canada maintains interest rates
  OTTAWA, Ontario, October 20, 2009 — The Bank of Canada held its benchmark overnight lending ratesteady at 0.25 per cent at its setting on October 20th, 2009. Thetrend-setting Bank rate, which is set 0.25 percentage points above
  
• Kingston Celebrates New Affordable Housing
  KINGSTON, Ontario, October 23, 2009 — KINGSTON, October 23,2009 — The Government of Canada, the Government ofOntario, and the City of Kingston today celebrated the official
  
• G-20 Reforms Will Support Long-Term Economic Prosperity, says Bank of Canada ...
  MONTREAL, Quebec, October 26, 2009 — In the wake of a financial crisis that has cost tens of millions ofjobs and trillions of dollars in foregone output, Bank of CanadaGovernor Mark Carney called on financial institutions to
  
• Record Investment of More than $820 Million for Affordable Housing in Quebec
  QUEBEC, Quebec, October 26, 2009 — The governments of Canada and Quebec are partnering to provide ajoint investment to build new affordable housing and renovateexisting social housing throughout Quebec. In addition to providing
  
• Process for selecting a Senior Deputy Governor of the Bank of Canada
  OTTAWA, Ontario, October 29, 2009 — Mr. Paul Jenkins, the currentSenior Deputy Governor of the Bank of Canada, has advised the Bankthat he will not seek renewal of his term of office and will leave
  
• Senior Deputy Governor Paul Jenkins will leave the Bank at the end of his term ...
  OTTAWA, Ontario, October 29, 2009 — Senior Deputy Governor Paul Jenkins has announced that he will notseek renewal of his term of office and will leave the Bank ofCanada when his seven-year term expires in April 2010.