AGP Executive Report
Last update: 4 hours agoFederal Housing Plan: Budget 2026 pledges to triple non-market housing options and includes major funding to tackle homelessness, with Winnipeg set to receive $1 billion for housing and related supports. TRREB welcomed the budget’s housing-supply measures, while critics questioned whether they will deliver near-term affordability. Market Check: October sales softened across major markets: GTA home sales fell nearly 8%, Montreal sales dropped 18%, and Calgary sales declined 15.3%. Calgary housing starts, however, rose on stronger multi-family construction. Policy Watch: Ottawa’s proposed relaxation of the foreign-buyer ban drew mixed views; one B.C. expert said it would have no effect on the province’s market. Commercial Property: Crombie REIT agreed to buy 13 Ontario retail properties for $134 million, while Slate sold four Calgary office towers for $41.7 million.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.