Urban starts held steady at just under 260,000
Subsidy would support roughly 71,700 purchases at an average of $26,832
Economists warn it may fuel demand without fixing Canada’s supply crunch
New supply, slower population growth and economic uncertainty ease pressure on the market
Survey shows some are considering options like delaying renovations or downsizing
Premiers to press PM to speed up approvals for major projects
Officials call for urgent provincial action to address crisis and climate risks
Declining real estate values in China helped drive overall drop in real prices
Negative economic shock from U.S. increases urgency of long-standing challenges
"More needs to be done to raise productivity and tackle climate-related risks,” says OECD chief economist Álvaro Pereira