More Than 50% Of Non-Homeowners Losing Hope Of Buying First Home In Canada, According to MPC Survey

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Housing Affordability Crisis Grips Canada, According to (MPC) Mortgage Professionals Canada Survey Overview The housing affordability crisis in Canada is deepening, as revealed by a recent survey conducted by Mortgage Professionals Canada (MPC). The survey highlights the challenges faced by both non-homeowners and existing homeowners in the country, painting a bleak picture of the current … Read more

Devastating Blow to Canada’s Housing: 45K Construction Jobs Lost in July

Devastating Blow to Canada's Housing: 45K Construction Jobs Lost in July

The Canadian construction sector faced a significant setback in July, shedding 45,000 jobs as indicated by the latest Labour Force Survey from Statistics Canada. This decrease of 2.8% from the previous month follows a more modest decline of 0.8% observed in June. Employment Trends In a span since January 2023, the construction employment landscape has … Read more