CMHC buildings on Montreal Road on watchlist for potential conversion to housing
3 Articles
3 Articles
CMHC buildings on Montreal Road on watchlist for potential conversion to housing
A portion of one of the east end’s largest office complexes could be added to a list of federal government properties earmarked for potential conversion into housing. Already an Insider? Log in Get Instant Access to This Article Become an Ottawa Business Journal Insider and get immediate access to all of our Insider-only content and much more. Learn More and Become an Insider Critical Ottawa business news a…
Why Ontario’s housing crisis could get worse before it gets better
Like everyone living through the housing and cost of living crises in Ontario today, home builders have been struggling. Housing starts were down 16 per cent in Ontario in 2024, and in some municipalities, they were down over 35 per cent. In many cases, projects are being cancelled, going into receivership, or struggling to close once completed. Builders and developers aren’t selling the new homes they build and we’re far from our target of 1.5…
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