Latest news with #MathieuLaberge
Global News
4 days ago
- Business
- Global News
Dropping interprovincial trade barriers would add 30K housing starts: CMHC
A new analysis by the national housing agency estimates Canada could add 30,000 more housing starts annually by eliminating interprovincial trade barriers. Canada Mortgage and Housing Corp. says that would push the total number of annual housing starts close to 280,000 over time, which would represent a 'meaningful step towards fixing Canada's housing supply gap.' CMHC chief economist Mathieu Laberge says that in order to achieve this, Canada must reduce interprovincial constraints holding back west-to-east transportation infrastructure, which would help maximize the use of domestic materials across the country. 1:44 Lethbridge housing starts increase nearly 200% in 2024 Laberge cites a survey by Statistics Canada showing close to half of Canadian construction firms blame distance and transportation costs as the main reasons for not purchasing goods or services from suppliers in another province or territory. Story continues below advertisement Eliminating interprovincial trade barriers was a focal point of Prime Minister Mark Carney's campaign during the spring federal election, and his government has since passed Bill C-5, an omnibus bill that reduces federal restrictions on interprovincial trade while speeding up permitting for large infrastructure projects. Experts have said that law is only the first step of the process as it deals with red tape put up by the federal government, rather than rules set by the provinces, which have the most authority in this area.
Hamilton Spectator
4 days ago
- Business
- Hamilton Spectator
Eliminating interprovincial trade barriers would add 30K annual housing starts: CMHC
A new analysis by the national housing agency estimates Canada could add 30,000 more housing starts annually by eliminating interprovincial trade barriers. Canada Mortgage and Housing Corp. says that would push the total number of annual housing starts close to 280,000 over time, which would represent a 'meaningful step towards fixing Canada's housing supply gap.' CMHC chief economist Mathieu Laberge says that in order to achieve this, Canada must reduce interprovincial constraints holding back west-to-east transportation infrastructure, which would help maximize the use of domestic materials across the country. Laberge cites a survey by Statistics Canada showing close to half of Canadian construction firms blame distance and transportation costs as the main reasons for not purchasing goods or services from suppliers in another province or territory. Eliminating interprovincial trade barriers was a focal point of Prime Minister Mark Carney's campaign during the spring federal election, and his government has since passed Bill C-5, an omnibus bill that reduces federal restrictions on interprovincial trade while speeding up permitting for large infrastructure projects. Experts have said that law is only the first step of the process as it deals with red tape put up by the federal government, rather than rules set by the provinces, which have the most authority in this area. This report by The Canadian Press was first published July 17, 2025.
CTV News
4 days ago
- Business
- CTV News
Eliminating interprovincial trade barriers would add 30,000 annual housing starts: CMHC
New homes are constructed in Ottawa. A new analysis by the national housing agency estimates Canada can add 30,000 more housing starts annually by eliminating interprovincial trade barriers. THE CANADIAN PRESS/Sean Kilpatrick A new analysis by the national housing agency estimates Canada could add 30,000 more housing starts annually by eliminating interprovincial trade barriers. Canada Mortgage and Housing Corp. says that would push the total number of annual housing starts close to 280,000 over time, which would represent a 'meaningful step towards fixing Canada's housing supply gap.' CMHC chief economist Mathieu Laberge says that in order to achieve this, Canada must reduce interprovincial constraints holding back west-to-east transportation infrastructure, which would help maximize the use of domestic materials across the country. Laberge cites a survey by Statistics Canada showing close to half of Canadian construction firms blame distance and transportation costs as the main reasons for not purchasing goods or services from suppliers in another province or territory. Eliminating interprovincial trade barriers was a focal point of Prime Minister Mark Carney's campaign during the spring federal election, and his government has since passed Bill C-5, an omnibus bill that reduces federal restrictions on interprovincial trade while speeding up permitting for large infrastructure projects. Experts have said that law is only the first step of the process as it deals with red tape put up by the federal government, rather than rules set by the provinces, which have the most authority in this area. This report by The Canadian Press was first published July 17, 2025. Sammy Hudes, The Canadian Press
Yahoo
4 days ago
- Business
- Yahoo
Eliminating interprovincial trade barriers would add 30K annual housing starts: CMHC
A new analysis by the national housing agency estimates Canada could add 30,000 more housing starts annually by eliminating interprovincial trade barriers. Canada Mortgage and Housing Corp. says that would push the total number of annual housing starts close to 280,000 over time, which would represent a "meaningful step towards fixing Canada's housing supply gap." CMHC chief economist Mathieu Laberge says that in order to achieve this, Canada must reduce interprovincial constraints holding back west-to-east transportation infrastructure, which would help maximize the use of domestic materials across the country. Laberge cites a survey by Statistics Canada showing close to half of Canadian construction firms blame distance and transportation costs as the main reasons for not purchasing goods or services from suppliers in another province or territory. Eliminating interprovincial trade barriers was a focal point of Prime Minister Mark Carney's campaign during the spring federal election, and his government has since passed Bill C-5, an omnibus bill that reduces federal restrictions on interprovincial trade while speeding up permitting for large infrastructure projects. Experts have said that law is only the first step of the process as it deals with red tape put up by the federal government, rather than rules set by the provinces, which have the most authority in this area. This report by The Canadian Press was first published July 17, 2025. Sammy Hudes, The Canadian Press Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Winnipeg Free Press
4 days ago
- Business
- Winnipeg Free Press
Eliminating interprovincial trade barriers would add 30K annual housing starts: CMHC
A new analysis by the national housing agency estimates Canada could add 30,000 more housing starts annually by eliminating interprovincial trade barriers. Canada Mortgage and Housing Corp. says that would push the total number of annual housing starts close to 280,000 over time, which would represent a 'meaningful step towards fixing Canada's housing supply gap.' CMHC chief economist Mathieu Laberge says that in order to achieve this, Canada must reduce interprovincial constraints holding back west-to-east transportation infrastructure, which would help maximize the use of domestic materials across the country. Laberge cites a survey by Statistics Canada showing close to half of Canadian construction firms blame distance and transportation costs as the main reasons for not purchasing goods or services from suppliers in another province or territory. Eliminating interprovincial trade barriers was a focal point of Prime Minister Mark Carney's campaign during the spring federal election, and his government has since passed Bill C-5, an omnibus bill that reduces federal restrictions on interprovincial trade while speeding up permitting for large infrastructure projects. Monday Mornings The latest local business news and a lookahead to the coming week. Experts have said that law is only the first step of the process as it deals with red tape put up by the federal government, rather than rules set by the provinces, which have the most authority in this area. This report by The Canadian Press was first published July 17, 2025.
