Ontario Expands Tax Break for New Home Buyers as Market Sags

The Canada Mortgage and Housing Corp. is scheduled to release housing starts figures on January 16; the article depicts a residential building under construction in Ottawa. No data or magnitudes are provided in the brief—monitor the Jan. 16 release for concrete housing-starts figures and potential implications for the Canadian housing market and rate-sensitive sectors.

Analysis

The Canada Mortgage and Housing Corp. is scheduled to release housing starts figures on January 16; the article depicts a residential building under construction in Ottawa. No data or magnitudes are provided in the brief—monitor the Jan. 16 release for concrete housing-starts figures and potential implications for the Canadian housing market and rate-sensitive sectors.