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housing

The federal government is introducing more support to reduce one of the biggest hurdles for young people trying to break into a tough real estate market: down payments. As part of the 2022 budget, first-time homebuyers can now qualify for a tax-free savings account and an increased tax credit to help cover the cost of a down payment.

Much like a registered retirement savings plan (RRSP), contributions to a Tax-Free First Home Savings Account (FHSA) are tax-deductible. Withdrawals from an FHSA that go toward a home purchase are non-taxable.

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Moving Day in Montreal is never easy, but for some, it's an awful reminder of the city's unstable and sometimes cruel rental market. The latter experience is what local housing advocates, the Front d'action populaire en réaménagement (FRAPRU) and the Comité d'action des citoyennes et citoyens de Verdun (CACV), brought to everyone's attention in a demonstration on June 30.

According to a press release, "banners were deployed in Villeray, Hochelaga-Maisonneuve, Parc-Extension, Verdun and on Plateau Mont-Royal on buildings where the tenants were evicted" to highlight "fraudulent evictions" and call for more social housing.

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Earlier this month, multiple Canadian ministers and Montreal Mayor Valérie Plante announced that the governments would collaborate to fund new low-income housing for students in Montreal.

The 123-unit development, named La Rose des vents, will be a six-storey building located in the Technopôle Angus eco-district in Rosemont–La Petite-Patrie.

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The Regroupement des comités logement et associations de locataires du Québec (RCLALQ), a tenants' rights organization in Quebec, said Quebec's housing market is rife with discrimination in a new report released on June 3. 

The organization called finding a dwelling to rent in Quebec an "obstacle course," citing openly discriminatory apartment ads and racism faced by tenants in Quebec

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The months leading up to Quebec's July 1 "Moving Day" are a popular time for apartment lease renewals in Montreal. That's why it's all the more important to be aware of your rights as a tenant right now. 

To make matters more complicated, a statement from the City of Montreal says that the number of available units has decreased significantly over the years with the vacancy rate in Montreal slightly above 3%, compared to 1.6% last year.

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The pandemic has called attention to the burden facing young Montrealers, according to a recent report from the Conseil jeunesse de Montréal.

The report, titled "Young Montrealers and rental housing: a precarious situation," states that the median income for 15 to 24-year-olds is $29,080 and that "nearly half of renter households under the age of 24 spend more than 30% of income on housing expenses."

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The City of Montreal, in partnership with the Réseau Habitation Femmes and Old Brewery Mission, is establishing two new social housing projects of 50 units that will "meet the needs of vulnerable" men and women who are unhoused or at risk of losing their homes. 

City councillor for property management, planning, and housing Robert Beaudry told MTL Blog that "the project will be delivered by the end of the year."

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When it comes to Canada’s housing affordability crisis, Toronto and Vancouver dominate the discussion.

That’s why it’s easy to forget Montreal is in the grips of an escalating housing affordability crisis of its very own, according to an annual report from the Urban Reform Institute and the Frontier Centre for Public Policy.

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The Governments of Canada and Quebec have reached an agreement to allot nearly $57 million in funding to build 12 affordable housing projects in Montreal

According to the announcement, the projects will include 263 housing units.

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Data from the Montreal SPCA reveals a-paw-ling new details on how the pandemic is affecting the province’s stray cat population.

The number of cats spayed or neutered by the Montreal SPCA dropped by about 27% this year, according to executive director Élise Desaulniers.*

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A happy hour destination for Montrealers is being turned into condos. The historic greystone building where the Irish Embassy was located had been a feature of rue Bishop since 1885, according to the bar’s website, but it was transformed forever on March 24, 2018, due to a massive fire.

The business had just expanded, opening a new craft-beer bar in the basement to match the classic pub upstairs, when it all went up in smoke, explained Irish Embassy general manager Joe Cannon.

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