CMHC reports annual pace of housing starts down 1% in August
A train carrying freight containers travels past houses and mobile homes, in Kamloops, B.C., Monday, Sept. 11, 2023. THE CANADIAN PRESS/Darryl Dyck
OTTAWA -
Canada Mortgage and Housing Corp. says the annual pace of housing starts in Canada edged down one per cent in August compared with July.
The national housing agency says the seasonally adjusted annual rate of housing starts in August came in at 252,787 units compared with 255,232 in July.
The decrease came as the rate of urban housing starts fell one per cent to 233,075 units in August.
The pace of multi-unit urban starts decreased one per cent to 191,250, while the rate of single-detached urban starts rose two per cent to 41,825.
The annual rate of rural starts was estimated at 19,712.
The six-month moving average of the overall monthly seasonally adjusted annual rate of housing starts was 244,507 units in August, up 0.8 per cent from 242,552 in July.
This report by The Canadian Press was first published Sept. 18, 2023.
YOUR FINANCES
Statistics Canada says household debt ratio down in Q2 as income grew
Statistics Canada says the amount Canadians owe relative to how much they earn fell in the second quarter as disposable income comfortably outpaced the growth in debt and demand for mortgages fell.
How electric vehicle insurance compares to gasoline-powered vehicles
As Canada ushers in the era of electric vehicles, here's what costs and factors you should consider before making the switch.
OPINION
OPINION 6 ways to prepare your finances for a potential recession
Despite Canada's economic resilience in the face of rising interest rates, it's still important to be prepared in case a recession hits. In a column for CTVNews.ca, personal finance contributor Christopher Liew shares some practical tips and actionable advice to better weather any economic storm.
Back-to-school: Parents offer tips on how they save during annual shopping spree
A new survey found 46 per cent of Canadians are more worried about their finances during this back-to-school season than in previous years.
opinion
opinion Canada can dodge a recession, but it could still happen; here's why
In his column for CTVNews.ca, personal finance contributor Christopher Liew outlines how Canada might avoid a recession, as well as some risks that could contribute to one.
Budgeting important part of RESP spending plan as students head to school
Parents across the country are getting ready to tap into registered education savings plans to help pay for their children's post-secondary schooling this fall.
Turning to dollar stores for groceries? Here's what a dietician recommends
As Canadians continue to feel the financial toll of inflation while grocery shopping, one registered dietitian offers practical tips for cutting costs at dollar stores, without compromising nutrition.
OPINION
OPINION Financial tips for newcomers to Canada, from an expert
For those who have recently immigrated to Canada, it's important to learn the basics of how the country's financial system works. Personal finance contributor Christopher Liew shares some financial tips around how to open a bank account, build your credit and file your taxes as a newcomer.
CTVNews.ca Top Stories
Why is Brampton rent surging 3 times faster than every other city in Canada?
Rent in Brampton shot up three times faster over the last year than the national average in Canada, according to a rental report.
Manitoba could make history by electing first First Nations premier to lead province
A First Nations premier would head a province for the first time in Canadian history if the New Democrats win the Oct. 3 Manitoba election, and the significance is not lost on party leader Wab Kinew.
EXCLUSIVE
EXCLUSIVE 'Shared intelligence' from Five Eyes informed Trudeau's India allegation: U.S. ambassador
There was 'shared intelligence among Five Eyes partners' that informed Prime Minister Justin Trudeau's public allegation of a potential link between the government of India and the murder of a Canadian citizen, United States Ambassador to Canada David Cohen confirmed to CTV News.
1 RCMP officer killed, 2 seriously injured while executing search warrant in Coquitlam, B.C.
One RCMP officer was killed and two others were seriously injured while police were executing a search warrant at a home in Coquitlam, B.C., Friday.
'He was truly exceptional': Slain B.C. RCMP officer identified
B.C. RCMP have identified the officer killed while executing a search warrant in Coquitlam Friday morning as Const. Rick O'Brien.
'Spirit of MuchMusic' still alive at doc premiere with former VJs in attendance
While the party died years ago at MuchMusic's broadcast centre on the corner of Queen and John streets in Toronto, the screening of a new documentary on Friday proved nostalgia for the nation's music station is still very much alive.
Ford offers Unifor wage increases up to 25 per cent
Ford Motor has offered Canadian union Unifor wage increases of up to 25 per cent in its tentative agreement, the union said on Saturday. The agreement provides a 10 per cent wage increase for the first year followed by increases of two per cent and three per cent through the second and third year and a $10,000 productivity and quality bonus to all employees on the active roll of the company, Unifor said.
Ukraine targets a key Crimean city a day after striking Russia's Black Sea Fleet headquarters
Ukraine on Saturday morning launched another missile attack on Sevastopol on the occupied Crimean Peninsula, a Russian-installed official said, a day after an attack on the headquarters of Russia's Black Sea Fleet that left a serviceman missing and the main building smouldering.
First Red Cross aid convoy heads to Karabakh since Azerbaijan retakes region
An aid convoy of the International Committee of the Red Cross headed to Nagorno-Karabakh on Saturday, the first since Azerbaijan retook the breakaway region three days ago, as ethnic Armenians there complained of being abandoned by the world.
Canada
-
Manitoba could make history by electing first First Nations premier to lead province
A First Nations premier would head a province for the first time in Canadian history if the New Democrats win the Oct. 3 Manitoba election, and the significance is not lost on party leader Wab Kinew.
-
'He had a big heart': Father of fallen teenage wildland firefighter remembers his son
When 19-year-old Jaxon Billyboy graduated high school in Williams Lake in June, it was a proud moment for his father Sheldon Bowe.
-
How does India's visa office suspension affect Canadian travellers?
The suspension of Indian visa services for Canadians this week has prompted uncertainty among many who had hoped to travel to India in the near future. Here's what the visa centre closure could mean for India's sizable diaspora community in Canada, which is now caught in the middle of rising diplomatic tensions between the two countries.
-
1 RCMP officer killed, 2 seriously injured while executing search warrant in Coquitlam, B.C.
One RCMP officer was killed and two others were seriously injured while police were executing a search warrant at a home in Coquitlam, B.C., Friday.
-
'He was truly exceptional': Slain B.C. RCMP officer identified
B.C. RCMP have identified the officer killed while executing a search warrant in Coquitlam Friday morning as Const. Rick O'Brien.
-
Why is Brampton rent surging 3 times faster than every other city in Canada?
Rent in Brampton shot up three times faster over the last year than the national average in Canada, according to a rental report.
World
-
Lebanese and Israeli troops fire tear gas along the tense border in a disputed area
The Lebanese army said troops fired tear gas at Israeli soldiers in a disputed area along the tense border Saturday. No one was hurt in the incident.
-
A court in China sentences a famed Uyghur scholar to life in prison, foundation says
A prominent Uyghur scholar specializing in the study of her people's folklore and traditions has been sentenced to life in prison, according to a U.S.-based foundation that works on human rights cases in China.
-
Taiwan factory fire leaves at least 5 dead, more than 100 injured
A fire and subsequent explosions at a golf ball factory in southern Taiwan killed at least five people and injured more than 100 others, and five people are still missing.
-
Pope Francis insists Europe doesn't have a migrant emergency and challenges countries to open ports
Pope Francis challenged French President Emmanuel Macron and other European leaders to open their ports to people fleeing hardship and poverty, insisting Saturday that the continent isn't facing a migration 'emergency' but rather a long-term reality that governments must deal with humanely.
-
Who's Bob Menendez? New Jersey's senator charged with corruption has survived politically for years
Bob Menendez, 69, has survived politically for nearly five decades. The son of Cuban immigrants and an attorney by training, he was a Union City, New Jersey, school board member at age 20 -- before he graduated from law school -- and went on to become the mayor of the city. Here's some of what we know about him.
-
A bombing at a checkpoint in Somalia killed at least 15 people, authorities say
An explosives-laden vehicle detonated Saturday at a security checkpoint in the central Somalia city of Beledweyne, killing at least 15 people and wounding 40 others, authorities said.
Politics
-
EXCLUSIVEEXCLUSIVE 'Shared intelligence' from Five Eyes informed Trudeau's India allegation: U.S. ambassador
There was 'shared intelligence among Five Eyes partners' that informed Prime Minister Justin Trudeau's public allegation of a potential link between the government of India and the murder of a Canadian citizen, United States Ambassador to Canada David Cohen confirmed to CTV News.
-
As it happened: Zelenskyy visits Canada, addresses Parliament as PM pledges $650M in Ukraine aid
During his historic visit, Ukrainian President Volodymyr Zelenskyy offered repeated thanks to Canada for its continued support for his country as it continues to defend itself from Russia's invasion. Prime Minister Justin Trudeau announced Canada will be making a $650 million 'multi-year commitment' for further Ukraine aid. Recap CTVNews.ca's minute-by-minute updates.
-
Nipissing MPP Vic Fedeli comes to Premier Ford’s defence over Greenbelt land reversal decision
Nipissing MPP Vic Fedeli came to Premier Doug Ford’s defence Friday over his about-face decision not to open up the Greenbelt land for developers.
Health
-
5M Canadians experienced a mental health disorder in 2022: StatCan
More than five million Canadians experienced some form of mental health disorder in 2022, a new Statistics Canada study has revealed.
-
Toronto woman completes race to end Alzheimer's, surpasses fundraising goal
A Toronto woman has completed 10 triathlons in 10 provinces to raise awareness and money for Alzheimer’s research in honour of her mom and all Canadians affected by the disease.
-
Health Canada recalls more than 28,000 X-Lite lighters due to burn hazard
Health Canada has issued a recall notice for the X-Lite Multi-Purpose Lighter, warning consumers about the potential fire and burn hazards associated with this product.
Sci-Tech
-
In a first, RNA is recovered from extinct Tasmanian tiger
Researchers said on Tuesday they have recovered RNA from the desiccated skin and muscle of a Tasmanian tiger stored since 1891 at a museum in Stockholm.
-
New app uses AI to help Calgary medical students practise interacting with patients
A Calgary medical student has developed an app that allows future doctors to work on their diagnostic and communication skills before they set up their practices.
-
Inside the delicate art of maintaining America's aging nuclear weapons
In an ultra-sterile room at a secure factory in Kansas City, U.S. government technicians refurbish the nation's nuclear warheads. The job is exacting: Each warhead has thousands of springs, gears and copper contacts that must work in conjunction to set off a nuclear explosion.
Entertainment
-
'Spirit of MuchMusic' still alive at doc premiere with former VJs in attendance
While the party died years ago at MuchMusic's broadcast centre on the corner of Queen and John streets in Toronto, the screening of a new documentary on Friday proved nostalgia for the nation's music station is still very much alive.
-
Sabato De Sarno makes much anticipated debut at Gucci under the gaze of stars like Julia Roberts
Sabato De Sarno wants people to fall in love with Gucci again, calling his debut collection 'Gucci Ancora,' Italian for 'Gucci Again.'
-
Movie reviews: 'Dumb Money' is a rousing, high-energy, fist-in-the-air crowd pleaser
This week, pop culture critic Richard Crouse reviews new movies 'Dumb Money,' 'Expend4bles' and 'Stop Making Sense.'
