Office-to-residential shift: Avison Young says more than 10 million sq ft of Canadian office space has already been converted, demolished or lined up for redevelopment, but with conversion-ready stock shrinking, the big question is whether the same conditions still hold for future housing supply. Cost-of-living pressure on housing demand: A TD survey finds 35% of Canadians plan to spend less this summer, with many redirecting money toward essentials—an affordability squeeze that can spill into homebuying and rent decisions. Municipal governance: Ontario’s new bill would standardize municipal codes of conduct and allow tougher penalties for serious breaches, including potential removal from office. Energy and infrastructure with housing implications: BC Hydro is launching a $90M Mount Pleasant substation upgrade to support Vancouver’s growth, targeting capacity for up to 50,000 additional customers by early 2029. Cross-border real estate interest: Realtor.com reports a modest rebound in Canadians shopping for U.S. homes in Q1 2026, though demand remains below pre-tariff levels. Mortgage market stress: Mortgage investment corporations are gaining traction in B.C. as renewals hit borrowers with payment shock and rising delinquencies. LNG deal: Canada reached an agreement to supply Germany with LNG from the Ksi Lisims project, with deliveries expected in the early 2030s.