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Did You Know

Halifax Still Needs a Healthier Vacancy Rate Halifax’s purpose-built rental vacancy rate reached 2.7% in 2025. That was an improvement, but it remained below CMHC’s estimated balanced range of 3.0% to 4.5%. WHY? A low vacancy rate means fewer available homes and less...

Housing Affordability

Canada’s Housing Affordability Target Shifts as Supply Gap Persists CMHC estimates Canada must build between 417,000 and 469,000 homes annually—nearly twice the current pace—to restore housing affordability to 2019 levels by 2036. This represents approximately 4.4...

Commercial Debt

Canadian Businesses Carry More Debt as Payment Stress Deepens Average commercial debt per Canadian business increased 7.3% year over year to $30,581 in the second quarter of 2026, according to Equifax Canada. The rate of payments at least 60 days overdue on financial...

CMHC

CMHC Warns Slowing Construction Threatens Affordability Gains CMHC warns that recent improvements in housing affordability could be reversed if new construction continues to slow. Canada needs between 417,000 and 469,000 housing starts annually to restore...