Purpose-Built Rental Boom: Rental starts surged to 130,000 over the past year, a massive pivot as developers flee money-losing condo projects and chase CMHC financing and GST exemptions.
Build Canada Homes Leadership: Ottawa has appointed Evan Siddall, the former CMHC head and Mark Carney confidant, as the inaugural board chair of the newly Crown-ified housing agency, signaling serious federal commitment to affordable supply.