APRIL 11, 2024 – OTTAWA, ON – The federal government’s decision to support first-time buyers by introducing 30-year amortization periods for insured mortgages on new construction is very welcome news to the Canadian Home Builders’ Association (CHBA) and its members, who have been calling for this very measure. “CHBA has been calling for 30-year amortization periods… Continue reading CANADIAN HOME BUILDERS’ ASSOCIATION APPLAUDS INTRODUCTION OF 30-YEAR AMORTIZATION PERIODS ON NEW CONSTRUCTION HOMES TO SUPPORT FIRST-TIME BUYERS

April 12, 2024 – OTTAWA, ON – The Canadian Home Builders’ Association (CHBA) applauds the release of the Federal Housing Plan today. The current housing crisis is not a sudden development –it stems from many years of problematic policy at all three levels of government in Canada – and CHBA has been advocating for years for… Continue reading FEDERAL HOUSING PLAN SETS THE STAGE FOR COMPREHENSIVE APPROACH TO ADDRESS HOUSING AFFORDABILITY AND SUPPLY

Working in the residential construction industry is a rewarding and fulfilling career. Building and renovating homes provides a sense of accomplishment at the end of each day when you can see the work you’ve done. If you’re interested in pursuing a career in construction, here are some steps you can take to get started: 

Did you know that nearly 90% of Canadians wish to stay in their homes for as long as possible? As we age, our mobility and physical abilities can change, making it challenging to navigate our homes. But there are adaptations you can make to your home to help ease the transition, making your home safer… Continue reading Creating a Home for Life: Tips on Renovating for Aging in Place

The (CHBA) recently surveyed its home builder and developer members across Canada to assess the impact of the federal government’s mortgage stress test, introduced just over one year ago. The survey results point to growing consumer difficulties when it comes to securing a mortgage.

The Government of Canada has announced new details about their shared equity mortgage program, dubbed the First-Time Home Buyer Incentive, and indicated the program will officially launch on September 2nd. Having a firm launch date will provide much-needed certainty about the federal program. The delay since the announcement in March has caused some prospective home buyers… Continue reading More Details Released about First-Time Home Buyer Incentive

GMHBA is proud to announce the winner of our spring contest in partnership with Home Hardware Building Centres Elmwood / Dieppe / Magnetic Hill & Downey’s. This contest was a way to officially launch the Underground Economy campaign and it was a success. We have have reached 1000 page likes and over 50,000 hits from… Continue reading Underground Economy Launch Campaign