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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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Second Conservative MP Departure Sparks Questions Over Party Stability

                 Conservative MP Matt Jeneroux was first elected to the House of Commons in 2015. 

Conservative MP Matt Jeneroux has announced his resignation from Parliament, becoming the second member to leave the Conservative caucus this week. Jeneroux, who represented Edmonton Riverbend, described the decision as difficult but ultimately the right one.

His departure follows closely after Nova Scotia MP Chris d’Entremont’s exit, intensifying speculation about internal divisions within the party.

Jeneroux, first elected in 2015, expressed gratitude to his constituents and colleagues, while Conservative Leader Pierre Poilievre thanked him for his decade of service. Jeneroux plans to step down formally next spring.

With two MPs leaving in quick succession, questions are being raised about the party’s cohesion and leadership strategy heading into the new year.


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