Canada’s Housing Affordability Window Narrows as Mortgage Rates Rise

Build Canada Homes has begun construction on about 2,000 units in its first year, putting at least some federal housing delivery on the ground. That is a start, not a supply breakthrough: the agency was created to scale up affordable housing while industry leaders warn development is lagging.

Liabilities (What’s Losing Ground)

The financing backdrop is turning less friendly just as affordability is already exacting a toll. Fixed mortgage rates are...