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The Great Return: Why Remote Work Is Fading for Many Canadians

  Over the past few years, remote work reshaped how Canadians lived and worked, offering flexibility, reduced commuting stress, and a better work–life balance. But that era is shifting. A growing number of employers across Canada are signalling that remote options—once seen as a permanent fixture—are gradually disappearing. Several factors are driving this change. Many companies argue that in‑person collaboration boosts creativity, strengthens team culture, and improves productivity. Some leaders also believe that physical presence helps with mentorship and career development, especially for younger employees who entered the workforce during the pandemic. Economic pressures are also playing a role. With businesses navigating uncertainty, some executives feel that having employees on‑site provides more oversight and operational stability. At the same time, commercial real estate vacancies have pushed organizations to make use of the office space they’re already paying for. For w...

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Trudeau Announces $15 Billion Boost to Housing Program

 

Prime Minister Justin Trudeau has unveiled plans for a $15 billion increase to the Apartment Construction Loan Program (ACLP) as part of Budget 2024. This significant boost aims to construct a minimum of 30,000 new apartments across Canada.

As part of this announcement, the Prime Minister also introduced the Canada Builds program. This initiative will partner with provinces and territories to build rental housing, providing federal financing under certain conditions. These conditions include complementing federal funding with their own investments, utilizing government, non-profit, community-owned, and vacant lands, and streamlining development approval timelines to no longer than 18 months.

The Apartment Construction Loan Program, launched in 2017, has already committed over $18 billion in loans to support the creation of more than 48,000 new rental homes. With this top-up, the program’s financing is now on track to build over 131,000 new apartments within the next decade. Reforms announced alongside this boost include extending loan terms and broadening access to financing for housing aimed at students and seniors.

This move represents a significant step toward addressing Canada’s housing challenges and ensuring affordable housing options for citizens. As the country continues to grow, initiatives like the ACLP play a crucial role in meeting the housing needs of Canadians.


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