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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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Honouring the Fallen: Canadians Unite on Remembrance Day

 

Today, Canadians from coast to coast gather to commemorate Remembrance Day, a solemn occasion dedicated to honoring the brave men and women who sacrificed their lives in military service. Ceremonies are held at cenotaphs and war memorials across the country, with the National War Memorial in Ottawa serving as the focal point for national observances.

Prime Minister Justin Trudeau and Governor General Mary Simon are among the dignitaries attending the ceremony in Ottawa. They are joined by Maureen Anderson, this year’s Silver Cross Mother, who represents all mothers who have lost children in military service. Anderson’s two sons, Sgt. Ron Anderson and Sgt. Ryan Anderson, both served in Afghanistan and tragically passed away after battling post-traumatic stress disorder.

At 11 a.m., Canadians observe a moment of silence, marked by the mournful sound of the Last Post, to remember and honor the fallen. This tradition, rooted in the anniversary of the Armistice agreement that ended World War I, continues to resonate deeply with Canadians, reflecting the nation’s enduring gratitude and respect for its veterans.

In addition to the national ceremony, numerous local events and activities take place, including parades, wreath-laying ceremonies, and educational programs aimed at preserving the memory of those who served. These events provide an opportunity for Canadians of all ages to reflect on the sacrifices made for the freedoms they enjoy today.

Remembrance Day is not only a time to remember the past but also to recognize the ongoing contributions of Canada’s armed forces. It serves as a poignant reminder of the cost of peace and the importance of continuing to strive for a better, more peaceful world.


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