AGP Executive Report
Last update: 9 hours agoRates and Housing: The Bank of Canada is widely expected to raise its benchmark rate this week as oil prices stoke inflation, despite a deep housing slump and elevated unemployment — a risky moment for buyers and borrowers. Home Energy: Ottawa’s proposed $2-billion, eight-year heat-pump and retrofit program could help up to one million households, though rebate amounts and eligibility rules are still to come. Building More Homes: Two joint ventures plan to build 2,200 Toronto apartments, while Prince Albert’s Gateway Mall owner is pitching 500 rooftop modular rentals at $1,000 a month; the city has yet to receive permit applications. Project Pressures: A London developer has halted a major project amid worsening housing viability, underscoring the challenge of turning housing plans into construction.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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