Atlantic Archives - Mortgage Rates & Mortgage Broker News in Canada

Homes are pictured at a suburb in Halifax

No action against Nova Scotia rent loophole out of fears for housing supply: minister

May 16, 2025 No Comments

The minister responsible for Nova Scotia’s rental property rules says her department won’t crack down on instances of abuse involving fixed-term rent leases because it doesn’t want to affect the housing supply.

Nova Scotia Public Works Minister Fred Tilley

Nova Scotia gets $170 million over 10 years after signing housing infrastructure deal

May 16, 2025 No Comments

Nova Scotia’s public works minister says the province is getting $170 million from the federal government to assist with housing infrastructure, after a deal was signed last winter.

Nova Scotia fixed-term lease loophole to remain in place despite some abuse: official

May 7, 2025 No Comments

A provincial official acknowledged Tuesday that some Nova Scotia landlords are abusing fixed-term leases, but the government is not looking to change tenancy law because there could be “unintended consequences.”

Deed tax increase won’t hurt demand for Nova Scotia recreational properties: Realtor

March 29, 2025 No Comments

Demand for cottages and recreational properties in Nova Scotia should remain strong despite the doubling of the province’s deed transfer tax, says an executive with a major real estate agency.

Nova Scotia Realtors want province to drop planned increase to deed transfer tax

March 14, 2025 No Comments

The Nova Scotia government’s plan to double a deed transfer tax for non-resident homebuyers needs to be reconsidered, says the association for the province’s Realtors.

Halifax mayor says city is past the worst of its housing crisis, advocates disagree

December 17, 2024 No Comments

The worst of Halifax’s homeless crisis is over, says the city’s new mayor, who wants to see encampments closed as quickly as possible — even as homelessness advocates vigorously disagree that the situation is improving.

3 in 10 residential property buyers in N.S. were investors in 2018-2020: StatCan

December 8, 2024 No Comments

Statistics Canada says investors represented three in 10 residential property buyers in Nova Scotia between 2018 and 2020 — the highest volume of such buyers among provinces where data is available.

N.S. Tories seek ‘fresh’ mandate in Tuesday’s election to negotiate with Ottawa

November 26, 2024 No Comments

Progressive Conservative Leader Tim Houston says if he’s given a second mandate in Tuesday’s election, it will strengthen his position to fight Ottawa on key issues impacting the province, including carbon pricing.

Nova Scotia Progressive Conservative Leader Tim Houston

Liberals, NDP to blame for Nova Scotia housing crisis, says Tory Leader Houston

November 20, 2024 No Comments

Previous Liberal and NDP governments are to blame for Nova Scotia’s housing crisis, Progressive Conservative Leader Tim Houston said Wednesday on the campaign trail, boasting that his party’s plan to build more homes is bearing fruit.

Nova Scotia Liberal Leader Zach Churchill

Nova Scotia Liberals call for new strategy for seniors housing