Saturday, October 25, 2025
More

    Top 6 This Week

    popular+

    VIDEO: We’re in a housing crisis. Why are so many builds going bust? | CBC

    Sharing is SO MUCH APPRECIATED!

    Over the last year, more than 200 real estate developments in Canada became insolvent.

    Andrew Chang explains why, at a time of high demand for housing, a growing number of projects are falling through.

    CBC

    The issue of real estate developments becoming insolvent in Canada can be attributed to a combination of factors. Here’s a summary of some potential reasons:

    1. Rising Interest Rates: Higher interest rates can increase the cost of borrowing for developers, impacting their ability to finance projects and pushing some into insolvency.
    2. Economic Uncertainty: Economic instability, whether global or local, can lead to decreased investor confidence and demand for real estate, potentially causing financial strain for developers.
    3. Regulatory Challenges: Stricter regulations and zoning laws can increase the time and cost required to complete developments, affecting financial viability.
    4. Construction Costs: Increases in construction costs, including materials and labor, can inflate budgets beyond what developers initially planned for.
    5. Market Saturation: An oversupply of real estate in certain areas can drive prices down, impacting developers’ ability to sell or lease their properties at profitable rates.
    6. Financing Difficulties: Developers might face challenges in securing financing, as lenders become more cautious, especially during times of economic uncertainty.

    For detailed information and specific cases, it would be best to refer to recent news articles, financial analysis reports, or studies on the Canadian real estate market. These sources can provide insights and examples of how these factors are affecting specific projects and developers.

    Subscribe to CBC News to watch more videos: http://bit.ly/1RreYWS

    Connect with CBC News Online: For breaking news, video, audio and in-depth coverage: http://bit.ly/1Z0m6iX

    Follow CBC News on TikTok: https://bit.ly/3TnHioe

    Follow CBC News on Twitter: http://bit.ly/1sA5P9H

    Find CBC News on Facebook: http://bit.ly/1WjG36m

    Download the CBC News app for iOS: http://apple.co/25mpsUz

    Download the CBC News app for Android: http://bit.ly/1XxuozZ

    Sharing is SO MUCH APPRECIATED!

    Popular Articles

    GEORGIANBAYNEWS.COM

    Popular Articles

    The Most Beautiful Earth Scenes Captured in 4K HDR (60FPS)

    Experience the breathtaking beauty of our planet — captured in stunning 4K HDR at 60FPS, sourced from ultra-high-definition 8K and 12K cinematography. This cinematic...

    The Ambassador: Canada’s Strategy with China

    Navigating Complex Bilateral Relations in a Changing Global Order Canada's relationship with China represents one of its most complex and consequential foreign policy challenges. As...

    Celebrating Unity: The History of Canada Day

    On July 1, 1867, the British North America Act came into effect, uniting three colonies - Nova Scotia, New Brunswick, and the Province of...

    God Bless Bitcoin: Challenging the Current Monetary System | Full Movie

    God Bless Bitcoin asks the timely question: How do we fix our broken money? Through in-depth conversations with bitcoin and interfaith religious leaders, the...

    Satellite images show at least six stealth B-2 bombers stationed at Diego Garcia | Associated Press

    Satellite images analyzed by The Associated Press show the deployment of at least six nuclear-capable B-2 Spirit bombers to Camp Thunder Bay on Diego...

    Where are the WATER REFILL STATIONS in Collingwood

    Reduce, Reuse, Recycle. Bring in your reusable water bottle and refill it at nine locations in Collingwood.  Water refill stations offer numerous benefits that enhance our...

    Why You Should Not Ask AI Chatbots for Medical Advice

    Asking AI chatbots for medical advice is not a good idea for several critical reasons. While they can provide general information and assist with...

    OPINION: A Time to Lead: Why Collingwood Needs an Arts & Culture Centre

    In February, my wife Dianne and I attended a “Love Cabaret” performance at the New Life Church. The evening featured four extraordinary international singers,...

    You Deserve Pure Music Garlic | Collingwood Farmers Market

    It's our pleasure at Georgian Bay News to share some of the vendors and their great products at our Collingwood Farmers Market - John...

    VIDEO | Anna Bright Lobs Ben Johns and Anna Leigh Waters 24 Times in ONE MATCH! WOW!!!

    In this video, join us as we dissect Anna Bright's game-changing lob strategy in a dramatic PPA Semifinal match against pickleball legends Ben Johns...

    Celebrating National Public Safety Telecommunicators Week 

    Midhurst/April 14, 2025 – From April 13 to 19, communities across Canada are commemorating National Public Safety Telecommunicators Week, recognizing the critical role of 9-1-1...

    BLUE MOUNTAIN OPP CHARGE DRIVER TRAVELLING 129KM/H IN A COMMUNITY SAFETY ZONE

    (BLUE MOUNTAIN, ON) - Officers from the Collingwood and The Blue Mountains Detachment of the Ontario Provincial Police (OPP) have charged a driver, aged 34...

    HSBC: The Money Laundering Scandal | HSBC Exposed | Too Big to Fail, Too Corrupt to Jail

    HSBC: The Money Laundering Scandal - If HSBC were a country, it would be the fifth world economic power. Founded during the golden age...

    IMPORTANT | Canada MP PUTS THE SCREWS IN Trump… CANADA IS PISSED

    MeidasTouch host Ben Meiselas speaks with Canadian Member of Parliament Charlie Angus who says Canada is ready to take on Donald Trump. Visit https://meidasplus.com...

    WOW Ontario Real Estate!

    TRREB is the whole GTA's Real Estate Board, biggest in Canada has posted the numbers for April & the Year to Year & they...

    County to open call for applications for Social and Community Investment Fund (SCIF) on January 30, 2025

    SCIF provides funding to support initiatives addressing poverty Midhurst/January 23, 2025 – The County of Simcoe recognizes that strong local programs are important resources to support...

    Telling Our Stories: Jewish Heritage Month

    Collingwood, ON – In 2018 the federal government introduced the Jewish Heritage Month Act, designating the month of May as a time to recognize...

    Sodium-ion batteries in the USA. Beating China at their own game!

    China has cornered the market in green energy transition technologies in recent years, and very effectively gained control of raw material supply chains so...

    Warden proclaims 25th Annual Child Care Worker and Early Childhood Educator Appreciation Day 

    Midhurst/October 21, 2025 – Warden Basil Clarke has proclaimed October 21, 2025, as the 25th Annual Child Care Worker & Early Childhood Educator Appreciation Day, recognizing...

    Trump STUNS Military Generals With OFF THE RAILS Speech | Tennessee Brando

    Pete Hegseth & Trump embarrass America in front of our military. Support Tennessee Brando:   / tnbrando   https://www.youtube.com/watch?v=ME2xLKr6qqo Follow Tennessee Brando on Bluesky: https://bsky.app/profile/tnbrando.bsk... Follow Tennessee Brando on...

    THE WORLD WON’T BELIEVE CHINA LOOKS LIKE THIS 🇨🇳

    We don't just share the creativity of the top YouTube stars. We also respect people who try #MUCH The next top...

    Pump Track Fundraiser Oct 5th | Old Village (Legion) Park

    The Event is open to bikes, scooters, skateboard and roller blades!2-3pm timed laps around the track see if you can beat your time! 3-4 open...

    TBM Fire Department Reminds Residents to “Spring Forward” by Changing Clocks and Alarm Batteries

    The Town of The Blue Mountains Fire Department would like to remind residents that clocks will spring forward one hour at 2:00 a.m. on...

    STARTALK | Solving AI’s Energy Problem with Kathryn Huff

    Are nuclear power plants the key to a sustainable energy future? With data centers consuming massive amounts of electricity, can we keep up? Neil...