housing in canada – Page 2

Canada extends foreign home buyer ban until 2027

Credit to Author: Asheesh Moosapeta| Date: Fri, 09 Feb 2024 14:00:28 +0000

The Canadian government has extended the Prohibition on the Purchase of Residential Property by Non-Canadians Act until January 1st, 2027. The policy, which was initially instituted to increase the number of housing units available to Canadians for purchase, will now be in place for an additional two years. Initially, the home buyer ban was set […]

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Canada Immigration

Economists recommend inviting more skilled newcomers to Canada

January 26, 2024 admin Canada, canada permanent residence, Economy, housing in canada, immigrate to canada, IRCC

Credit to Author: Edana Robitaille| Date: Fri, 26 Jan 2024 14:00:56 +0000

A recent report released by Desjardins Economic Studies highlights the benefits of welcoming skilled newcomers to Canada. According to the report, “Canada should continue to welcome newcomers who can help fill labour shortages in the construction sector. However, we should also be mindful of hurdles preventing workers from contributing to their full potential. In particular, […]

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Canada Immigration

Rents in Canada increased 9% in 2023 to record high

January 25, 2024 admin Canada, housing, housing in canada, rent in canada, settle, settle in canada

Credit to Author: Julia Hornstein| Date: Thu, 25 Jan 2024 13:00:44 +0000

According to the Rentals.ca January 2024 Rental Report, average asking rents for all residential property types in Canada reached a record high of $2,178 at the end of 2023. This number represents an increase of 8.6% from the end of 2022 ($2,005). Discover if You Are Eligible for Canadian Immigration Over the past two years, […]

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Canada Immigration

Ontario caps rent increases below the rate of inflation

July 20, 2023 admin Canada, canada real estate, finance, housing, housing in canada, landlord, Lease, moving to ontario, ontario rent, orea, renting, renting in canada, settle, settling, tenant

Credit to Author: Edana Robitaille| Date: Thu, 20 Jul 2023 12:00:19 +0000

On June 29, the Government of Ontario announced it would cap rent increases for 2023 at 2.5%. Each year, Ontario releases a rent increase guideline that landlords can then use to raise the cost of tenants’ rent by a specific percentage to align with the cost of living. The province typically uses Ontario’s Consumer Price […]

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Canada Immigration

Canada’s Premiers want more control over immigration like Quebec

July 13, 2023 admin Canada, canada immigration, housing in canada, immigration levels plan, job vacancies, labour force, PNP, Quebec, skills gap, tfwp

Credit to Author: Edana Robitaille| Date: Thu, 13 Jul 2023 09:40:53 +0000

The leaders of Canada’s provinces met in Winnipeg this week to discuss shared priorities. The Premiers highlighted some areas that require urgent action. Three of these areas are linked closely to immigration. Building a strong labour force; Improving health care; Addressing housing needs Discover if You Are Eligible for Canadian Immigration The Premiers have been […]

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Canada Immigration

What are your rights as a tenant? How to rent your first home in Canada

June 26, 2023 admin general, housing, housing in canada, immigration, life in canada, rent in canada, renter rights, renting in canada, settle, tenant rights

Credit to Author: Julia Hornstein| Date: Mon, 26 Jun 2023 12:00:17 +0000

As a newcomer to Canada, it is likely that your first home will be a rented house or apartment. It is important to understand your rights as renter to ensure that renting your new home will provide you with a safe place where you can begin to adjust to your life in Canada. Discover if […]

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Canada Immigration

How to rent your first apartment in Canada

June 11, 2023 admin canada real estate, family, finance, housing, housing in canada, immigration, landlord, Lease, renting, renting in canada, settle, settling, tenant

Credit to Author: Julia Hornstein| Date: Sun, 11 Jun 2023 13:00:38 +0000

Many newcomers to Canada choose to rent accommodations versus buying property upon their arrival. Finding a new home can be stressful, so this article will provide the basics for you to understand the process of renting in Canada. Discover if You Are Eligible for Canadian Immigration How to find your rental You can search for […]

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Canada Immigration

Tools for finding your first home as a newcomer to Canada

April 27, 2023 admin Express Entry, housing, housing in canada, immigration, newcomers, PNP, Quebec, renting in canada, settle, settlement, settling

Credit to Author: Julia Hornstein| Date: Thu, 27 Apr 2023 13:00:54 +0000

As a newcomer to Canada, one of the first things you will need to do is find a place for you and your family to call home. For most people new to Canada, your first home may likely be a rented house or apartment. Discover if You Are Eligible for Canadian Immigration Canada’s housing market […]

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Canada Immigration

Buying a home in Canada is now easier for newcomers

April 4, 2023 admin budget 2023, Canada, crea, finance, housing, housing in canada, immigration, settle, settling, temporary residence

Credit to Author: Edana Robitaille| Date: Tue, 04 Apr 2023 13:00:41 +0000

Canada’s government is making it easier for newcomers, as well as Canadians, to purchase a home. Last week, the government announced it was reducing some of restrictions of an Act that made it difficult for non-Canadians to purchase residential property. Also, as of April 1st, financial institutions are now able to offer tax-free first-home savings […]

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Canada Immigration

Buying a home in Canada as a non-Canadian

January 13, 2023 admin buying a home, Canada, canada real estate, finance, housing, housing in canada, immigration, settle, settling, Students, temporary residents, work permits

Credit to Author: Edana Robitaille| Date: Fri, 13 Jan 2023 13:00:10 +0000

The Prohibition on the Purchase of Residential Property by Non-Canadians Act was passed in parliament in June 2022 and came into effect on January 1 this year. Broadly speaking, the new regulations will prohibit the purchase of a residential property by any foreign investor who is not a Canadian citizen or permanent resident. The regulations […]

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