Sean Fraser Archives - Mortgage Rates & Mortgage Broker News in Canada

Minister of Housing, Infrastructure and Communities Sean Fraser

Liberal Housing Minister Sean Fraser says he won’t seek re-election

December 16, 2024 No Comments

Housing Minister Sean Fraser says he will not be running in the next federal election, citing family reasons.

Canada’s Secondary Suite Loan Program expands to $80,000 loans with 2% over 15 years

December 10, 2024 15 Comments

The federal government today announced a doubling of its Secondary Suite Loan Program, which was originally unveiled in the April 2024 budget.

Poilievre promises to abolish federal sales tax on new homes under $1 million

October 28, 2024 No Comments

A Conservative government would scrap the federal sales tax on new homes sold for less than $1 million and push provinces to do the same, Pierre Poilievre said Monday.

Alberta, Ottawa discuss funding for homelessness, more talks expected in coming days

October 24, 2024 No Comments

The federal housing minister and the Alberta minister in charge of the file have spoken about funding to tackle encampments and homelessness.

Feds identify 56 government properties for conversion to affordable housing

August 26, 2024 No Comments

The federal government has added 56 properties to a new public lands bank of locations that are suitable for long-term leases so developers can build housing, a move the Housing Minister says will help boost the supply of homes Canadians can afford.

Weekly mortgage digest: Fixed rates trending downward ahead of expected BoC cut

July 22, 2024 No Comments

This week’s digest highlights the past week’s key mortgage news, including the downward trend in fixed mortgage rates as lenders respond to lower bond yields.

Sean Fraser