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Some Fixes to Recent Mortgage Insurance Rule Changes As you are aware, on October 3rd, Finance Minister Morneau announced a tightening of rules on mortgage insurance. CHBA is concerned that these new rules go too far, and will harm markets that are already challenged while doing little to address the ongoing supply pressures evident in…

CHBA Seeks Innovation in Canada’s National Housing Strategy October 18, 2016 – The Canadian Home Builders’ Association (CHBA) today released its formal submission to the federal government’s National Housing Strategy consultation process. The CHBA brief, Toward a Comprehensive, Sustainable National Housing Strategy, covers the full housing continuum and includes a wide range of recommendations for improving…

CHBA Brief: Stress Test on Mortgages a Serious Concern On Monday, October 3, federal Finance Minister Bill Morneau announced a series of proposed changes to federal policies and legislation affecting mortgage loan insurance, mortgage lending rules, and tax treatment of capital gains from principal residences for foreign buyers.  As details on the mortgage insurance and lending rules…

Exorbitant Duty on Drywall Harms Business, Home Buyers Ottawa – September 16, 2016 – The Canadian Home Builders’ Association (CHBA) today expressed extreme concern over the recently announced provisional duties on gypsum board (drywall) by the Canada Border Services Agency (CBSA).  CBSA invoked the Special Import Measures Act on September 6th, making a preliminary determination…

Page restricted News Alert: CHBA actions to address anti-dumping drywall duty To: Builder, Renovator and Developer Members CHBA National Board of Directors Provincial and Local Executive Officers From:  Kevin Lee, CEO As noted in other CHBA communications last week, the Canada Border Services Agency (CBSA) has made a preliminary determination of dumping into Canada drywall…

2015 Economic Impacts of Residential Construction Ottawa – August 10, 2016 – The Canadian Home Builders’ Association (CHBA) today released its report on the 2015 Economic Impacts of Residential Construction. ​ The new estimates show that, in 2015, the industry supported over 1 million jobs in new home construction, renovation and repair, and continues to be one…

Guelph, Welland Homes First to Qualify For Net Zero Energy Label One of the five Net Zero Energy Homes built by Reid’s Heritage Homes in Guelph, ON ​ Ottawa – August 2, 2016 – On July 25, 2016 the Canadian Home Builders’ Association (CHBA) qualified five Net Zero Energy (NZE) homes built by Reid’s Heritage Homes,…

Winners Announced for 2016 CHBA Association Leadership Awards KELOWNA, BC – May 6, 2016 – The Canadian Home Builders’ Association (CHBA) is pleased to announce the winners for the CHBA – Association Leadership Awards. These awards were presented during the Association’s 73rd National Conference in Kelowna, BC and pay tribute to the tremendous work carried…

Winners Announced for 2016 National Awards for Housing Excellence KELOWNA, BC – May 6, 2016 – The Canadian Home Builders’ Association (CHBA) is pleased to announce the winners for its National Awards for Housing Excellence, presented in partnership with Masco Canada/Delta Faucet and Genworth Canada. Thirty-three CHBA National Awards for Housing Excellence were presented at the…

Home Builders Welcome Public Transit, Infrastructure and Housing Investments in Federal Budget March 22, 2016 OTTAWA, ON – The Canadian Home Builders’ Association (CHBA) today welcomed the government’s Budget plan to invest in public transit systems and municipal infrastructure, which will help make houses more affordable. “Federal investment of up to 50% of capital costs in…