Tags: NEW

The Government of Canada marked the start of construction of the Moncton VISION demonstration home, an energy-efficient and environmentally-friendly home to be built in Moncton, New Brunswick. The home will be constructed by AlternaHome Solutions Inc. in partnership with VISION Land Development Ltd., as part of Canada Mortgage and Housing Corporation’s (CMHC’s) EQuilibrium™ Sustainable Housing Demonstration Initiative, which encourages builders and developers to build the next generation of sustainable housing in Canada.

Rob Moore, Member of Parliament for Fundy Royal, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development Canada and Minister Responsible for CMHC, was joined today by Paul Arsenault of AlternaHome Solutions Inc., and Ken McPhee of VISION Land Development Ltd., along with sponsors and supporters, in the groundbreaking of the first demonstration home of its kind in Atlantic Canada.

“The Government of Canada is pleased to work with the private sector to develop such innovative homes. We congratulate AlternaHome Solutions Inc. on its winning design/concept and its commitment to environmental responsibility,” said MP Moore. “The Moncton VISION Home gives people in this region an opportunity to see first-hand how we can create beautiful, healthy homes, conserve energy and resources, and reduce pollutant emissions.”

EQuilibrium™ housing integrates a wide range of innovative technologies and practices to reduce a home’s environmental impact to a minimum. The Moncton VISION Home will integrate optimal solar orientation, energy efficiency and renewable energy systems into its design and construction to reduce energy use. Additional Moncton VISION Home features include extensive natural lighting, an energy management system, natural and mechanical ventilation, and the use of natural materials with low levels of pollutants. Rainwater will be captured to reduce water use.

“We are very pleased to work with CMHC. They, together with each and every member of the Moncton VISION Home team, have been working tirelessly to ensure the success of this project. The Moncton VISION Home has the potential to help people discover new ways of doing things, which in the long run, will help reduce our dependence on fossil fuels, and consequently reduce our negative impact on the environment. The Moncton VISION Home will lead, teach and inspire people to take charge of their own energy,” said Mr. Arsenault.

The Moncton VISION Home is one of 15 projects that won CMHC’s national EQuilibrium™ sustainable housing competitions since the initiative was launched in 2006. All EQuilibrium™ projects will be open to both the general public and professional audiences for tours, and then monitored for performance by CMHC for one year, once occupied.

CMHC’s EQuilibrium™ Sustainable Housing Demonstration Initiative provides a new approach to housing in Canada, representing a fundamental change in the way Canadians think about their homes. It strives to balance our housing needs with those of the environment. It brings together — under one roof — the principles of occupant health and comfort, energy efficiency, renewable energy production, resource and water conservation, and reduced environmental impact.

CMHC has worked closely with many stakeholders to develop and deploy EQuilibrium™. In particular, CMHC has collaborated closely with Natural Resources Canada which has contributed substantial research and development expertise and resources to advancing the initiative.

As Canada’s national housing agency, CMHC draws on more than 60 years of experience to help Canadians access a variety of quality, environmentally sustainable, and affordable homes — homes that will continue to create vibrant, healthy communities and cities across the country.

http://www.cmhc.ca/en/corp/nero/nere/2009/2009-06-25-0900.cfm

brought to you by Moishe Alexander, CFC CEO

17 Jun 2009, Comments Off

Canadian Real Estate Prices

Author: admin

All this talk of recession has a lot of people thinking about what their property may be worth in today’s economy. To shed some light on things, I present you with the Canadian Real Estate Accosication’s (CREA) National statistics on the housing market, presented by way of average prices from across the country. It might surprise you that some provinces have seen average price increases from a year ago.

The National Average price in April 2009 was $306,366, while in 2008 it was $316,438. Although this doesn’t look overly great to start with, the national average price drop is largely due to the falling prices in cities that were considered overinflated, such as Calgary, Vancouver and Victoria.

Other notables that saw a decline in the average price were Edmonton, down nearly $29,000; and Toronto, down over $13,000. Surprisingly though, Hamilton, Ontario (Steel Town), which is located 30 minutes West of Toronto witnessed an average increase of nearly $3,000. It’s hard to read into the macroeconomics of it, but that increase in price could likely be due to a few factors, such as the revitalization of the city as well as the New GoTrain line that now services Toronto Commuters.

But it’s not bad news for the rest of the country. Provinces such as, Saskatchewan, Manitoba, Quebec, Nova Scotia, New Brunswick, PEI, and Newfoundland have all seen increases in the average sale prices. (See http://www.crea.ca/public/news_stats/statistics.htm for more details on each).

Overall, the Canadian Real Estate Market appears to be healthy, although making some adjustments in some markets, which we largely feel is due to the strong financial condition of our Big Five Banks. Please visit http://en.wikipedia.org/wiki/Big_Five_(banks) for more details on the Big Five.

http://newmarketrealestate.blogspot.com/2009/06/canadian-real-estate-prices.html

reviewed by Moishe Alexander, CFC CEO

17 Jun 2009, Comments Off

NEW CABINET FOCUSED ON MOVING BRITISH COLUMBIA FORWARD

Author: admin

Good promises for Real estate, Moishe Alexander, CFC CEO, says

VICTORIA – Premier Gordon Campbell appointed a new cabinet today to build a strong economic future, capitalize on hosting the 2010 Olympic and Paralympic Winter Games and seize emerging global opportunities as Canada’s Pacific Gateway.

“The members of this executive council are proven leaders and, like all of their caucus colleagues, are ready to roll up their sleeves and get to work immediately to build a stronger province,” said Premier Campbell. “Together, we will focus on B.C.’s priorities of building the economy, creating jobs and continuing to enhance critical services like health and education.

“This is an important time in B.C.’s history, filled both with challenges and opportunities. The members of our new cabinet are dedicated to meeting those challenges and seizing those opportunities on behalf of all British Columbians. We will build on the strong foundation we’ve forged together over the last eight years and create an even brighter future.”

The new members of the provincial cabinet are Randy Hawes, Kash Heed, Margaret MacDiarmid, Mary McNeil, Ben Stewart, Moira Stilwell, Steve Thomson, Naomi Yamamoto and John Yap.

Mike de Jong is the Government house leader and George Abbott is the deputy house leader. Bill Barisoff will be the Government Caucus nominee for Speaker and Linda Reid the nominee for Deputy Speaker.

“We will continue to work with B.C.’s First Nations to strengthen and build on our new relationship, which will create certainty and economic opportunity for Aboriginal and non-Aboriginal British Columbians alike,” said Premier Campbell. “In just 247 days, B.C. and Canada will welcome the world for the 2010 Olympic and Paralympic Winter Games. This is an unprecedented opportunity to market our province and its people to the world, and create new growth right here in British Columbia. Our cabinet will work to take advantage of this opportunity and to continue building our province as Canada’s Gateway to the Asia Pacific.”

http://www2.news.gov.bc.ca/news_releases_2009-2013/2009PREM0002-000002.htm