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CMHC Just Cut Its Housing Forecast — What It Means If You're Buying, Selling, or Renewing

  Published July 28, 2026 Canada Mortgage and Housing Corporation quietly downgraded its outlook for the rest of 2026 last week, and the new numbers are worth a look no matter which side of the housing market you're standing on. The federal housing agency's Summer 2026 update now calls for slower growth, softer home prices, fewer new builds and continued easing in rental markets right through the end of the year — with a split that leaves Ontario and B.C. looking a lot different from the Prairies and Quebec. Here's what's actually in the update, and what it means for your specific situation. What CMHC changed The agency's baseline call for 2026 is a Canadian economy growing at just 0.7%, with high borrowing costs, weak population growth and cautious buyers keeping a lid on demand even as affordability has technically improved. The practical result, nationally: Housing starts are expected to fall to about 241,400 units this year, down from 259,028 in 2025 Resale acti...
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Government Warns of Potential Attacks in Canada Linked to Hamas-Israel Conflict

 


In the wake of the October 7 Hamas attack on Israel, Canada’s Integrated Terrorist Assessment Centre (ITAC) has issued a critical warning: extremists motivated by the ongoing Israel-Hamas conflict could potentially target crowds at events within our borders. The threat assessment agency cautions that mass violence might spill over into our country.

The strategic intelligence briefs, circulated last October and recently released to Global News, highlight the risk of attacks on protests, cultural centers, diplomatic posts, and other symbols associated with Israeli or Palestinian interests in Canada. According to ITAC, such attacks would likely be carried out by radicalized lone actors, using readily available weapons.

The conflict’s implications on Canadian soil are concerning. Ideologically and religiously motivated violent extremists may be triggered by events and mobilize towards violence, posing a threat to large gatherings. The government’s assessment underscores the need for vigilance and security measures.

In December 2023, Ottawa police arrested a youth charged with plotting a terrorist attack against the Jewish community. Additional charges were filed, accusing the suspect of conspiracy to commit murder at the direction of a terrorist group. A second youth faced similar charges related to murder conspiracy and facilitating terrorist activity. The alleged target was the Jewish community, with communication allegedly linked to the terrorist group ISIS.

As Canada grapples with rising hate crimes and antisemitism, it is crucial to remain vigilant and address potential threats. The government’s report serves as a stark reminder that our nation is not immune to the global impact of conflicts like the one between Israel and Hamas.


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