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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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Arbuckle Leads Argos to Grey Cup Glory with Stellar Performance

 

In a thrilling showdown at the 111th Grey Cup, Nick Arbuckle led the Toronto Argonauts to a commanding 41-24 victory over the Winnipeg Blue Bombers. Making his first Grey Cup start, Arbuckle threw for two touchdowns, earning MVP honors and securing Toronto’s 19th championship title.

The game, held at BC Place Stadium in Vancouver, saw the Argonauts dominate the fourth quarter, outscoring the Bombers 24-3. Arbuckle’s precise passing and the Argos’ formidable defense, which recorded four interceptions, were key to their triumph.

Toronto’s defense shone brightly, with three interceptions in the final quarter alone, including a 61-yard pick-six by Robert Priester that sealed the victory. The Argos’ offense was equally impressive, with Arbuckle completing 26 of 37 passes for 252 yards.

Winnipeg’s efforts were led by Zach Collaros, who threw for 202 yards and one touchdown but was hindered by four interceptions. Despite a strong start, the Bombers couldn’t keep up with the Argos’ relentless pace.

This victory marks the Argonauts’ second Grey Cup win in three years, solidifying their status as one of the CFL’s most successful franchises.


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