
CMHC releases Summer Forecast Update Français
Read the full update on the CMHC's Housing Observer.
Follow us on LinkedIn, YouTube, Instagram, X (formerly Twitter), and Facebook.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Cision Canada
an hour ago
- Cision Canada
Unifor encouraged by Kruger Inc. investment in Corner Brook, N.L.
CORNER BROOK, NL, July 25, 2025 /CNW/ - Unifor is encouraged by Kruger Inc.'s announcement that it plans to invest up to $700 million in its Corner Brook, N.L. mill to modernize the facility. "Unifor has long been pushing for forestry corporations to invest in facilities to adapt to changing markets, modernize older operations and increase our capacity to deliver more made-in-Canada pulp and paper products," said Unifor National President Lana Payne. "We welcome the needed Kruger Inc. investment in Corner Brook and support improvements that protect good forestry jobs and that maintain and improve working conditions for Unifor members." Unifor has been lobbying for a strategic approach to leveraging Canada's forestry resources through the federal government's plan to build more housing "This is good news for members of the six Unifor locals at the Kruger mill in Corner Brook," said Unifor Atlantic Regional Director Jennifer Murrray. "We need to know more about the company's plans, but we are optimistic that these investments could support the future of the mill, protecting jobs for the next generation of workers." The recent duty increases and tariff threats from the United States have created a polycrisis in Canada's forestry sector, requiring all levels of government to develop economic protection and financial assistance plans, trade diversification strategies, mitigate job losses and enhance income security provisions for all workers. Learn more about Unifor's Fight for Forestry Jobs Campaign at Unifor represents nearly 250 workers at Kruger Inc. in Corner Brook at Locals 64, 242, 96, 57N , 60N and Deer Lake Power Local 495. Unifor is Canada's largest union in the private sector, representing 320,000 workers in every major area of the economy. The union advocates for all working people and their rights, fights for equality and social justice in Canada and abroad, and strives to create progressive change for a better future.


Cision Canada
2 hours ago
- Cision Canada
Media advisory - Governments of Canada and British Columbia to make important announcement about high-speed Internet and mobile connectivity in the province Français
ARMSTRONG, BC, July 25, 2025 /CNW/ - The Honourable Buckley Belanger, Secretary of State (Rural Development), together with the Honourable Diana Gibson, British Columbia's Minister of Citizens' Services, will make an announcement about improving high-speed Internet access and mobile connectivity in rural British Columbia. A media availability will follow. Date: Monday, July 28, 2025 Time: 10:30 am (PT) Location: Caravan Farm Theatre 4886 Salmon River Road Armstrong, British Columbia Members of the media are asked to contact ISED Media Relations at [email protected] to confirm their attendance. Stay connected SOURCE Innovation, Science and Economic Development Canada


Cision Canada
3 hours ago
- Cision Canada
FSRA revokes the licence of Expert Financial Corporation and imposes administrative penalties on Expert Financial Corporation, Upanshuman Pandey and Varinder Singh Virk Français
TORONTO, July 25, 2025 /CNW/ - Ontario's financial services regulator, FSRA, has revoked the mortgage brokerage licence of Expert Financial Corporation ("Expert Financial") and imposed administrative penalties on Expert Financial in the total amount of $36,000. FSRA has also imposed administrative penalties in the total amount of $32,000 on Upanshuman Pandey ("Pandey") and an administrative penalty of $2,000 on Varinder Singh Virk ("Virk"). Pandey was the Principal Broker of Expert Financial. His broker licence expired in March 2025. Pandey and Expert Financial facilitated Nasir Syed Zaidi Hussain ("Hussain") in holding himself out as a mortgage agent and conducting unlicensed mortgage business. Hussain met with clients, collected supporting documents, and passed the information to Pandey. Pandey would then submit the mortgage applications and split the brokerage fees with Hussain as commissions. Hussain did not request a hearing, and FSRA imposed orders against him. "Licensees must not facilitate activities for unlicensed individuals," said Elissa Sinha, Director of Litigation and Enforcement at FSRA. "We will act decisively to ensure that consumers are advised by individuals who are properly licensed, and meet legal and professional standards." Pandey breached the Act as follows: Facilitated the illegal holding out and unlicensed activity of a non-licensee contrary to section 3.1 of O. Reg 187/08; Failed to take sufficient steps to verify the identities of borrowers, which caused Expert Financial to violate section 10 of O. Reg 188/08, contrary to section 3 of O. Reg 187/08; Failed to ensure that Expert Financial met its record-keeping obligations, contrary to section 2 of O. Reg 410/07; and Provided false and misleading statements to FSRA on Expert Financial's Annual Information Returns with respect to the lack of referrals and complaints, contrary to section 45 of the Act. Expert Financial facilitated the illegal holding out and unlicensed activity of a non-licensee contrary to section 14.2 of O. Reg.188/08 and failed to maintain complete and accurate records from a borrower, contrary to section 46 of O. Reg. 188/08. Virk dealt in mortgages for remuneration outside of his mortgage brokerage contrary to section 2(3) of the Act. FSRA issued these orders as a result of settlements with Expert Financial, Pandey and Virk. Access our enforcement database to see how FSRA is working to protect consumers through its monitoring and enforcement activities. For media inquiries: Ashley Legassic Sr. Media Relations and Digital Officer Financial Services Regulatory Authority C: 647-719-8426 Email: [email protected]