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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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Immigration Freeze Sparks Global Concern

The Trump administration has paused all immigration applications, including green card and U.S. citizenship processing from 19 non-European countries. 

The Trump administration has announced a temporary halt on immigration applications from 19 countries, citing national security and vetting concerns. The pause affects applicants across multiple regions, including parts of Africa, the Middle East, and Asia.

Officials stated that the measure is intended to allow for a review of existing immigration procedures and to strengthen background checks. Critics, however, argue that the move disproportionately targets certain nations and could disrupt families, businesses, and educational institutions that rely on international talent.

Immigration advocacy groups have voiced alarm, warning that the suspension may fuel uncertainty and strain diplomatic relations. Meanwhile, supporters of the policy claim it is a necessary step to safeguard U.S. borders and ensure thorough screening processes.

The administration has not specified how long the pause will last, leaving many applicants in limbo as they await further guidance.


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