AGP Executive Report
Last update: 11 hours agoHousing & Homelessness: Ontario’s Cochrane District is seeing the province’s highest homelessness rate in 2024-25, with staff pointing to a shortage of affordable housing and limited access to supports. Brantford also landed near the top of Ontario’s By-Name List, ranking sixth for people experiencing homelessness per 100,000. Affordable Housing Builds: Kemptville, Ont., is breaking ground on 109 new co-operative housing units, a $55.4M project aimed at moderate-income renters in a growing rural community. Victoria, B.C., is also putting nearly $1M into non-market housing upgrades, including heat pumps and flood prevention. Mortgage & Market Signals: RBC Economics says Canada’s resale market may be bottoming out, with stabilizing prices and moderating inventory, but a bumpy fall ahead. Rates & Borrowing: Commentary notes variable mortgage rates are gaining attention as discounts improve, even as fixed rates rise with bond yields. Construction & Infrastructure: Alberta is planning engineering for a permanent road linking Fort McMurray to La Loche, potentially accelerating energy development. Saskatchewan is pushing bridge and highway work near Consul and Prince Albert, with fall construction continuing. Policy & Costs: B.C. is pausing its planned PST expansion to professional services amid trade-war uncertainty, a move cheered by local governments. Mining & Jobs: Ontario is investing $11M to help Generation Mining build a $410M processing plant for its Marathon project, targeting hundreds of jobs and stronger local critical-minerals processing capacity.
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.