The CMHC recently released its Impact Of Minimum Parking Requirements For Multi-Family Residential Buildings On Housing Affordability And Sustainability report.

It analyzed the potential impact of minimum parking requirements on multi-family residential buildings in Canada, including improving housing affordability and reducing environmental impact. Historically, Canadian municipalities mandated minimum...

A CMHC study on Evaluating the Impacts of Increasing Housing Supply in Canada was released in March.

According to CMHC’s estimations, an additional 3.5 million housing units would be required by 2030 to restore affordability, surpassing the current construction pace. However, the introduction of new housing options at different price points could affect households with varying socioeconomic b...

The City of Victoria is pushing forward with various housing initiatives and targets.

In September 2023, the City of Victoria was among 10 B.C. municipalities tasked with a housing target of 4,902 homes over five years by the Province. Victoria surpassed its first-year target of 659 new housing units by delivering 753 homes within the first six months, marking 15% progress towards the Province’s...