AGP Executive Report
Last update: 20 minutes agoConstruction Pipeline: Saskatchewan recorded a 2.7% year-over-year rise in building-permit value in September, the second-highest increase among provinces, with residential permits up 3.5%. Nationally, however, multi-unit plans are retreating, pointing to an uneven supply outlook. Housing Supply: Toronto homeowners and builders are urging the city to make laneway and garden suites easier to build, while another town has more than 1,100 homes planned. Market & Buyers: A PwC and Urban Land Institute report says Canada’s real estate cycle is nearing a floor, but affordability remains strained. Banks and builders want Ottawa to ease the mortgage stress test for new-home buyers, and industry groups back proposed changes to the foreign-buyer ban while questions remain over which new homes would qualify for an exemption. Homelessness: The federal budget earmarks $11.2 billion to tackle homelessness, with Prime Minister Mark Carney pledging to end it within a decade; housing advocates say the goal is ambitious but won’t be achieved by Ottawa alone.
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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