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Did You Know

The Most Affordable Rentals Remain the Tightest Canada’s rental market is beginning to ease, but CMHC reports that lower-rent segments remain especially tight. The benefits of new supply are not reaching every renter equally or immediately. WHY? New rental homes are...

HRM

Halifax asks Province to review property assessment cap Halifax Regional Council is asking the Province to review Nova Scotia’s Capped Assessment Program and work with municipalities on possible reforms. A municipal staff report concluded that the program protects...

Halifax Water

Halifax Water files 2026 general rate application Halifax Water has filed a 678-page general rate application with the Nova Scotia Regulatory and Appeals Board, seeking approval for new water, wastewater and stormwater rates for 2027–28 and 2028–29*.* The proposal is...

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...