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Dominion Housing Act
The ''National Housing Act'' (, NHA) is the primary federal law concerning housing in Canada. More specifically, it is intended to promote the construction of new houses, the repair and modernization of existing houses, and the improvement of housing and living conditions. The NHA replaced and expanded the scope of the ''Dominion Housing Act'' of 1935. First passed by the Parliament of Canada in 1938, replacement ''National Housing Acts'' were passed in 1944 and 1954. Major amendments to these acts occurred in 1948, 1949, 1956, 1964, 1969, 1973, 1985, 1999 and 2007. The purpose of the NHA set out in section 3 "in relation to financing for housing, is to promote housing affordability and choice, to facilitate access to, and competition and efficiency in the provision of, housing finance, to protect the availability of adequate funding for housing at low cost, and generally to contribute to the well-being of the housing sector in the national economy." The Canada Mortgage and Housin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canada Mortgage And Housing Corporation
Canada Mortgage and Housing Corporation (CMHC; , SCHL) is Canada's federal crown corporation responsible for administering the ''National Housing Act'', with the mandate to improve housing and living conditions in the country.McAfee, Ann. 2013 December 16.Canada Mortgage and Housing Corporation" ''The Canadian Encyclopedia''. Historica Canada. Retrieved 1 April 2023. Originally established after World War II to help returning war veterans find housing, it has since seen its mandate expand to the mandate of improving access to housing overall. Overview The CMHC operates with a primary mandate of providing mortgage liquidity, assisting in establishing affordable housing development, and providing arms-length advice to the Government of Canada and the housing industry. The crown corporation acts as Canada's national housing agency. As such, it administers federal housing programs such as the first-time home buyer loan, acts as a mortgage insurer (primarily for high-leverage l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Department Of Finance Canada
The Department of Finance Canada () is a central agency of the Government of Canada. The department assists the minister of finance in developing the government's fiscal framework and advises the government on economic and financial issues. A principal role of the department is assisting the government in the development of its annual budget. The department is responsible to Parliament through the minister of finance (François-Philippe Champagne since March 2025). The day-to-day operations of the department are directed by the deputy minister of finance (a public servant). Chris Forbes was appointed Deputy Minister of Finance on September 11, 2023. The department is headquartered in the James Michael Flaherty Building in downtown Ottawa at the corner of Elgin and Albert. Branches and sub-agencies The department is divided into several branches: * Economic Policy Branch * Fiscal Policy Branch * Economic Development and Corporate Finance Branch * Federal-Provincial Relatio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Housing Legislation In Canada
Housing refers to a property containing one or more shelter as a living space. Housing spaces are inhabited either by individuals or a collective group of people. Housing is also referred to as a human need and human right, playing a critical role in shaping the quality of life for individuals, families, and communities. As a result, the quality and type of housing an individual or collective inhabits plays a large role in housing organization and housing policy. Overview Housing is a physical structure indented for dwelling, lodging or shelter that homes people and provides them with a place to reside. Housing includes a wide range of sub-genres from apartments and houses to temporary shelters and emergency accommodations. Access to safe, affordable, and stable housing is essential for a person to achieve optimal health, safety, and overall well-being. Housing affects economic, social, and cultural opportunities as it is directly linked to education, employment, healthca ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canadian Federal Legislation
Canadians () are people identified with the country of Canada. This connection may be residential, legal, historical or cultural. For most Canadians, many (or all) of these connections exist and are collectively the source of their being ''Canadian''. Canada is a multilingual and multicultural society home to people of groups of many different ethnic, religious, and national origins, with the majority of the population made up of Old World immigrants and their descendants. Following the initial period of French and then the much larger British colonization, different waves (or peaks) of immigration and settlement of non-indigenous peoples took place over the course of nearly two centuries and continue today. Elements of Indigenous, French, British, and more recent immigrant customs, languages, and religions have combined to form the culture of Canada, and thus a Canadian identity and Canadian values. Canada has also been strongly influenced by its linguistic, geograph ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1938 In Canadian Law
Events January * January 1 – State-owned railway networks are created by merger, in France (SNCF) and the Netherlands (Nederlandse Spoorwegen – NS). * January 20 – King Farouk of Egypt marries Safinaz Zulficar, who becomes Queen Farida, in Cairo. * January 27 – The Honeymoon Bridge at Niagara Falls, New York, collapses as a result of an ice jam. February * February 4 ** Adolf Hitler abolishes the War Ministry and creates the Oberkommando der Wehrmacht (High Command of the Armed Forces), giving him direct control of the German military. In addition, he dismisses political and military leaders considered unsympathetic to his philosophy or policies. General Werner von Fritsch is forced to resign as Commander of Chief of the German Army following accusations of homosexuality, and replaced by General Walther von Brauchitsch. Foreign Minister Baron Konstantin von Neurath is dismissed, and replaced by Joachim von Ribbentrop. ** Walt Disney's ''Snow Whit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Co-operative Housing
A housing cooperative, or housing co-op, is a legal entity which owns real estate consisting of one or more residential buildings. The entity is usually a cooperative or a corporation and constitutes a form of housing tenure. Typically housing cooperatives are owned by shareholders but in some cases they can be owned by a non-profit organization. They are a distinctive form of home ownership that have many characteristics that differ from other residential arrangements such as single family home ownership, condominiums and renting. The cooperative is membership based, with membership granted by way of a share purchase in the cooperative. Each shareholder in the legal entity is granted the right to occupy one housing unit. A primary advantage of the housing cooperative is the pooling of the members' resources so that their buying power is leveraged; thus lowering the cost per member in all the services and products associated with home ownership. Another key element in some ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
First-time Home Buyer Grant
A first-time home buyer grant (or first home owners grant) is a grant (money), grant specifically for/targeted at those buying their first home – perhaps a starter home. Like other grants, the first-time buyer does not hold an obligation to repay the grant. In this respect, it differs from a loan and does not incur debt or interest. Grants can be given out by foundation (charity), foundations and governments. Grants to individuals are typically a cash subsidy. First time home buyer grants are typically awarded based on a few criteria, primarily financial need and income qualifications as well as never having owned a home before. However, in countries like Australia the criteria include maximum house price, that it is a new build or substantially renovated and having lived in Australia previously. Many countries and states have initiated grant programs to help lower income residents with the purchase of their first home. The United States Department of Housing and Urban Developm ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Clifford Clark
William Clifford Clark, (April 18, 1889 – December 27, 1952) was a Canadian professor, economist, and civil servant. He earned his MA from Queen's University receiving honours in Latin, French, English, History, and Political and Economic Science. He did graduate studies in economics with F. W. Taussig at Harvard. He returned to teach at Queen's in 1915, where he became the first head of the Commerce program in 1919. In 1923, Clark left to work for American investment firm S. W. Straus and Company, returning to Queen's after the company went bankrupt in the Great Depression. At the instigation of Oscar D. Skelton, Clark wrote a well-received memorandum on monetary policy for the 1932 British Empire Economic Conference in Ottawa. Shortly afterwards, he was appointed Deputy Minister in the Department of Finance by R. B. Bennett, a position he held until his death in 1952. As deputy minister, Clark helped to establish the Bank of Canada in 1934, and he chai ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Council Of Canada
The Economic Council of Canada was an independent economic advisory body established as a federal Crown Corporation by the Government of Canada in 1963. Its purpose was to report on a wide range of pressing matters relating to Canada's economic development, focusing on five main economic objectives: full employment, sustained economic growth, price stability, equitable distribution of rising incomes, and a viable balance of payments. The council was dissolved alongside six other government organizations in 1993. Governance, staff and budget The council was overseen by a chair (actually, "Chairman"), two deputy chairs and directors (with one deputy position being Director only until 1987), and not more than 25 part-time board members. The chairs and deputies were appointed by the prime minister and the board members by the governor in council. The chair was the chief executive officer and had responsibility for supervision over and direction of the work of the staff. All signed th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canada
Canada is a country in North America. Its Provinces and territories of Canada, ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, making it the world's List of countries and dependencies by area, second-largest country by total area, with the List of countries by length of coastline, world's longest coastline. Its Canada–United States border, border with the United States is the world's longest international land border. The country is characterized by a wide range of both Temperature in Canada, meteorologic and Geography of Canada, geological regions. With Population of Canada, a population of over 41million people, it has widely varying population densities, with the majority residing in List of the largest population centres in Canada, urban areas and large areas of the country being sparsely populated. Canada's capital is Ottawa and List of census metropolitan areas and agglomerations in Canada, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Affordable Housing In Canada
In Canada, affordable housing refers to living spaces that are financially accessible to people with a median household income. Canada ranks among the lowest of the most developed countries for housing affordability. Housing affordability is generally measured based on a shelter-cost-to-income ratio (STIR) of 30% by the Canada Mortgage and Housing Corporation (CMHC), the national housing agency of Canada. It encompasses a continuum ranging from market-based options like affordable rental housing and affordable home ownership, to non-market alternatives such as government-subsidized housing (emergency shelters, transitional housing, and public housing). Definition Different people, organizations and institutions have adopted different definitions of "affordability" and "affordable housing." Those invested market-based solutions may use different meanings of the phrase than those working towards non-market based solutions. For example, the City of Calgary refers to "affordab ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Social Safety Net
A social safety net (SSN) consists of non-contributory assistance existing to improve lives of vulnerable families and individuals experiencing poverty and destitution. Examples of SSNs are previously-contributory social pensions, in-kind and food transfers, conditional and unconditional cash transfers, fee waivers, public works, and school feeding programs.World Bank. 2018"The State of Social Safety Nets" 2018. Washington, DC: World Bank. © World Bank. License: CC BY 3.0 IGO. Definitions There is no exact and unified definition of the concept of SSN. The World Bank has one of the widest definitions, but multiple definitions are used by different scholars, institutions, and organizations such as the International Labor Organization (ILO) and ESCAP. This lead some scholars to go so far as to hold that there is no point in using the term SSN as it is rarely used consistently and are instead advocating that the different components of SSN are used for analysis rather than the term ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
