On July 2, 2024, to address housing concerns, the Government of Canada and the City of Brandon, Manitoba reached an agreement under the Housing Accelerator Fund (HAF) to expedite the construction of 168 homes within the next three years and pave the way for over 761 additional homes over the next decade. The $6.2 million funding package will help eliminate barriers to housing development and encourage...

Various levels of government have implemented secondary suite incentive programs to increase the supply of affordable rental housing. These initiatives are aimed at encouraging homeowners to convert existing spaces into rentable units or create new ones, for long-term rentals and housing. 

Budget 2024: Canada Secondary Suite Loan Program

In Budget 2024, the Canadian government introduced the Canada...

The recent decrease in interest rates by the Bank of Canada by 25 basis points was anticipated by the market and is expected to provide the necessary stimulus for the Canadian economy to start prospering again. This move is significant as it sets Canada apart from the Federal Reserve, which has remained on hold. 

Of particular interest to investors, Canada has become the first economy among the...