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DRYDEN, ONTARIO, October 12, 2016 — The governments of Canada and Ontario are investing in a new violence against women emergency shelter to support victims of domestic violence and their families in Dryden and surrounding area including Indigenous communities. The new Hoshizaki House will replace the current century-old facility to better meet the needs of local women and their children who have experienced domestic violence.

The Honourable Bob Nault, Member of Parliament for Kenora, on behalf of the Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC), along with Dr. Helena Jaczek, Minister of Community and Social Services for Ontario, made the announcement today.

Quick Facts:

• The Government of Canada contributed $3.1 million to Hoshizaki House through the doubling of the Investment in Affordable Housing Agreement via the Social Infrastructure Fund.
• The new funding will support the construction of an 8,000 sq. ft. facility to replace the 3,000 sq. ft., century-old building on the current site.
• The new Hoshizaki House facility will increase the number of beds available to those in Dryden and area from ten to twelve.
• The proposed shelter will have eight bedrooms and seven washrooms, and will feature a large kitchen and dining area, a play area for children, a comfortable living room and a quiet room for private visits.
• The Hoshizaki House Dryden District Crisis Shelter serves communities in and around Dryden, Ignace, and Vermillion Bay.
• Hoshizaki House’s services also include a crisis line, child and youth program, counselling, family court support and transitional support.

Quotes:

“Our Government is dedicated to helping those in need, which is why we are proud to have invested in this project in Dryden. Once completed, the Hoshizaki House will ensure there will be a safe place to turn during difficult times. It’s a great announcement for the region and to those who require a secure environment when the need arises.”
— Honourable Bob Nault, Member of Parliament for Kenora

“From Vermilion Bay to Ignace, an area that includes many Indigenous communities, Hoshizaki House is a lifeline for women and their children facing domestic violence. I can’t tell you how much it pleases me to be able to announce that Hoshizaki House will receive up to $3.1 million to replace this aging building with a bigger and better emergency shelter where women and their children can begin to rebuild their lives.”
— Dr. Helena Jaczek, Minister of Community and Social Services for the Government of Ontario

“For over 30 years Hoshizaki House has provided services to women and children escaping domestic violence. Our shelter is grateful to the Federal and Provincial Governments for providing us with this funding to build a new, safe and supportive shelter that will be a home-like environment. The new shelter will allow us to enhance the capacity and programming we provide to women and children in Dryden and the surrounding area. This is a very exciting day for us at Hoshizaki House.”
— Tana Troniak, Executive Director – Hoshizaki House Dryden District Crisis Shelter

Associated Links:

Canada Mortgage and Housing Corporation (CMHC) has been helping Canadians meet their housing needs for more than 70 years. As Canada’s authority on housing, CMHC contributes to the stability of the housing market and financial system, provides support for Canadians in housing need, and offers unbiased housing research and advice to Canadian governments, consumers and the housing industry. Prudent risk management, strong corporate governance and transparency are cornerstones of CMHC’s operations. For more information, please call 1-800-668-2642 or follow us on Twitter, YouTube, LinkedIn and Facebook.

Investing in a bigger and better Hoshizaki House supports the Ontario government’s goal of ending violence against women and providing better supports for survivors, and also supports the government’s It’s Never Okay: An Action Plan to Stop Sexual Violence and Harassment.

Canadians are invited to help shape the National Housing Strategy by joining the conversation on www.LetsTalkHousing.ca. Your ideas will help shape the future of housing in Canada.

Media Contacts:

Wilbur McLean
Public Affairs
Canada Mortgage and Housing Corporation
437-333-3299
wmclean@cmhc-schl.gc.ca

Grace Mfumuangani
Communications
Ministry of Community and Social Services
416-325-0216
Grace.Mfumuangani@ontario.ca

Article source: http://www.cmhc-schl.gc.ca/en/corp/nero/nere/2016/2016-10-12-1015.cfm

TORONTO, October 11, 2016 — Housing starts in the Toronto Census Metropolitan Area (CMA) trended lower at 37,947 units in September 2016 compared to 42,125 in August 2016 according to Canada Mortgage and Housing Corporation (CMHC). The trend is a six month moving average of the monthly seasonally adjusted annual rates (SAAR) of housing starts.

“September saw fewer apartment starts in Toronto than earlier in the year, slowing the overall housing starts trend in the GTA,” said Dana Senagama, CMHC Principal Market Analyst for the GTA. “However, limited supply of resale low-rise homes is shifting demand to the pre-construction market, leading to stable starts for this type of dwelling.”

CMHC uses the trend measure as a complement to the monthly SAAR of housing starts to account for considerable swings in monthly estimates and obtain a complete picture of the state of the housing market. In some situations, analysing only SAAR data can be misleading in some markets, as they are largely driven by the multiples segment of the markets which can be quite variable from one month to the next.

The standalone monthly SAAR was 30,232 units in September, down from 40,406 units in August. The decrease was mainly a result of fewer apartment starts.

The City of Toronto recorded the highest number of starts within the Toronto CMA primarily due to apartment starts. This was followed by the City of Brampton, which had a large number of single-detached starts. Next was the Town of East Gwillimbury that saw construction start on a number of new low-rise housing units.

Preliminary Housing Starts data is also available in English and French at the following link: Preliminary Housing Starts Tables

As Canada’s authority on housing, CMHC contributes to the stability of the housing market and financial system, provides support for Canadians in housing need, and offers objective housing research and information to Canadian governments, consumers and the housing industry.

Follow us on Twitter, YouTube, LinkedIn and Facebook.

Information on This Release:

Media Contact
Angelina Ritacco
416-218-3320
Cell.: 647-210-7420
aritacco@cmhc-schl.gc.ca

Additional data is available upon request

Source: CMHC
¹ Census Metropolitan Area
² The trend is a six-month moving average of the monthly seasonally adjusted annual rates (SAAR). By removing seasonal ups and downs, seasonal adjustment allows for comparison of adjacent months and quarters. The monthly and quarterly SAAR and trend figures indicate the annual level of starts that would be obtained if the same pace of monthly or quarterly construction activity was maintained for 12 months. This facilitates comparison of the current pace of activity to annual forecasts as well as to historical annual levels.
Detailed data available upon request

Source: CMHC

Source: CMHC

Article source: http://www.cmhc-schl.gc.ca/en/corp/nero/nere/2016/2016-10-11-0816c.cfm

TORONTO, October 5, 2016 — Toronto Real Estate Board President Larry Cerqua announced that the total amount of leased space reported through TREB’s MLS® System in the third quarter of 2016 was up substantially on a year-over-year basis.  There was a combined 6,592,818 square feet of industrial, commercial/retail and office space leased – up 34.8 per cent compared to the third quarter of 2015.  It is important to note that the Q3 2015 results did represent a substantial dip compared to the same period in 2014.

More than three quarters of total space leased in Q3 2016 was in the industrial market segment.  The average industrial lease rate on a per square foot net basis, for transactions with pricing disclosed, was up by 8.8 per cent to $5.80 compared to $5.33 in Q3 2015.  The average commercial lease rate was down on a year-over-year basis, while the office lease rate was up compared to last year.

“The Canadian economy over the last year has been marked by regional differences.  The Greater Toronto Area has benefited from a diverse economic base and, as a result, the regional economy has been relatively strong with the unemployment rate generally trending lower.  This may be why we experienced an uptick in leasing activity.  However, there remains some uncertainty in the economic outlook, especially as it relates to exports, and this could impact commercial leasing and sales activity moving forward,” said Mr. Cerqua.

The number of combined industrial, commercial/retail and office property transactions was down in Q3 2016 compared to a year earlier, with 216 properties changing hands versus 327 properties in Q3 2015.

While the number of sales were down year-over-year, average selling prices on a per square foot basis, for transactions where pricing was disclosed, proved resilient.  Average selling prices were up for all three major market segments.  The large increase in the office property average price was largely due to a shift in the size and location of properties sold this year compared to last, with some larger properties changing hands in Toronto’s central core.

Article source: http://www.trebhome.com/market_news/release_market_updates/news2016/nr_comm_watch_0916.htm