Annual pace of housing starts in June up 0.4% from May: CMHC

2 days ago

Single family houses billed as estate cottages are seen under construction, in Delta, B.C., on Monday, Aug. 12, 2024. THE CANADIAN PRESS/Darryl Dyck
OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in June edged up 0.4 per cent compared to May.
The national housing agency says the seasonally adjusted annual rate of housing starts amounted to 283,734 units in June, up from 282,705 in May.
The reading came as the annual rate of starts in cities with a population of 10,000 or greater was 261,705 units in June compared with 260,947 in May.
The annual pace of rural starts was estimated at 22,029 units.
CMHC says actual housing starts in centres with a population of 10,000 or greater amounted to 23,282 units in June, up 14 per cent from 20,509 in June last year.
The six-month moving average of the seasonally adjusted annual rate starts across Canada rose 3.6 per cent in June to 253,081.
This report by The Canadian Press was first published July 16, 2025.
The Canadian Press

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The Magpie Mines Inc. Announces Incomplete AGM

Globe and Mail

28 minutes ago

Globe and Mail

The Magpie Mines Inc. Announces Incomplete AGM

Westmount, Quebec--(Newsfile Corp. - July 18, 2025) - The Magpie Mines Inc, a private company ("Magpie" or the "Company"), wishes to announce the Annual General Meeting "AGM" was improperly terminated by Fancamp Exploration Ltd, "Fancamp" a major shareholder at the meeting held yesterday in Montréal. The Agenda was not respected nor were the rules of order. Fancamp has been put on notice to this effect. No changes have occurred. A replacement AGM will be scheduled in order to complete the Agenda. Signed, Peter H. Smith PhD, Chairman, President and CEO