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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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Washington Pressures Kyiv With Threats to Halt Military Aid

 

People stand at a makeshift memorial for the victims who were killed when a Russian missile hit an apartment building on Wednesday, , in Ternopil, Ukraine.

The United States has reportedly escalated pressure on Ukraine by threatening to cut off intelligence sharing and weapons supplies unless Kyiv agrees to the framework of a U.S.-brokered peace deal. According to sources familiar with the matter, Washington has presented Ukraine with a 28-point plan that aligns with several of Russia’s demands, including requiring Kyiv to cede additional territory, reduce the size of its military, and abandon aspirations to join NATO.

The move marks the most intense pressure Ukraine has faced from Washington during the war. U.S. officials are said to be pushing for Ukraine to sign the framework by next Thursday, signaling a desire to bring the conflict to a close even if it requires significant concessions from Kyiv. One source noted bluntly, “They want to stop the war and want Ukraine to pay the price.”

A delegation of senior U.S. military officials recently met with President Volodymyr Zelenskyy in Kyiv to discuss the proposal. While Zelenskyy has not outright rejected the plan, he has reportedly been cautious in his response, balancing the need to maintain U.S. support with the risk of alienating allies in Europe who may oppose such concessions.

The plan has sparked concern among Ukrainian officials and observers, who fear that accepting it could undermine Ukraine’s sovereignty and embolden Russia. Critics argue that forcing Kyiv into concessions under threat of losing military support risks destabilizing the region further, while supporters of the U.S. approach insist that ending the war—even through compromise—is a priority.

This development underscores the fragile balance between military support and diplomatic pressure in the ongoing war, raising questions about how far Washington is willing to go to secure a peace deal and whether Ukraine can withstand the mounting pressure without fracturing its alliances.


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