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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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Restaurant-Style Pan Seared Salmon


Restaurant-quality pan seared salmon—crisp on top and just barely cooked in the center—is easy to make at home.

Ingredients:
  • Salmon fillets (skin-on)
  • Salt and pepper
  • Olive oil
  • Lemon juice
  • Butter
  • Garlic
  • Fresh parsley
Instructions:
  1. Dry the salmon fillets well with paper towels. 
  2. Season both sides with salt and pepper.
  3. Heat oil in a large non-stick skillet over medium-high heat until hot.
  4. Place the fillets skin-side down and sear for about 6-8 minutes (depending on thickness).
  5. Flip once the flesh has lightened about 3/4 of the way up the fish.
  6. Sear for another 1-2 minutes.
  7. Add butter, garlic, parsley, and lemon juice to the pan, stirring until the butter browns slightly.
  8. Serve immediately and enjoy.
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