new-apartment

Tom Clark, Mélanie Joly not involved in purchase of $9M NY condo, committee told

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Tom Clark, Mélanie Joly not involved in purchase of M NY condo, committee told

Canada’s foreign affairs minister and the consul general in New York did not influence or direct the purchase of a luxury $9 million residence in the city, a Commons committee was told Wednesday. MPs also heard that the property, which will serve as the official residence for the consul general of Canada in New York, is 50 … Read more

Apartment construction surged last year but demand still outpacing supply, says CMHC

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Apartment construction surged last year but demand still outpacing supply, says CMHC

A surge in new apartment construction drove housing start increases in some major Canadian cities last year, but demand continues to outweigh supply, according to a report released Wednesday by the federal housing agency. The report from Canada Mortgage and Housing Corporation focuses on six major cities: Toronto, Montreal, Vancouver, Calgary, Edmonton and Ottawa. Their combined housing … Read more