Topics & Insight That Affect Our Members
CEBA Deadline Extended to October 31
CEBA Deadline Extended to October 31 The government announced today that the deadline to apply to the Canada Emergency Business Account (CEBA) has been extended until October 31. Read the full press release here. [...]
Last chance for CEBA is TODAY – August 31, 2020
Last chance for CEBA is TODAY – August 31, 2020 As of today, the last date to apply for a Canada Emergency Business Account loan is today. For those corporations and businesses which [...]
Update on CMHC’s New Use Of Funds Rule For Insured Borrowing
UPDATE ON CMHC’S NEW USE OF FUNDS RULE FOR INSURED BORROWING Background As CFAA reported on June 2 and June 17, CMHC ruled on May 28 that its mortgage insurance cannot be used [...]
Congratulations to the CFAA 2020 Rental Housing Awards winners!
Congratulations to the CFAA 2020 Rental Housing Awards winners! Earlier today, CFAA announced the winners of the 5th annual Rental Housing Awards. All the finalists and winners were outstanding rental housing providers, employees, suppliers [...]
CMHC’s New Use Of Funds Rule For Insured Borrowing
CMHC’S NEW USE OF FUNDS RULE FOR INSURED BORROWING Background On May 28, CMHC issued a notice to rental owners who have pending applications for CMHC mortgage insurance for re-financings under CMHC’s Multi-Unit Mortgage [...]
CFAA Rental Housing Awards Presentation only 1 week away!
CFAA Rental Housing Awards Presentation only 1 week away! Just a reminder that if you have not yet registered for CFAA's Rental Housing Awards Presentation 2020 on Thursday, June 25 at 2:00pm EDT (11:00am [...]
Watch the CFAA Awards Presentation Live
Watch the CFAA Awards Presentation Live CFAA will be holding an awards presentation via Zoom to celebrate the finalists and winners of the CFAA Awards Program 2020. CFAA Awards Presentation Date: Thursday, June 25, [...]
Access the recording of “CFAA Presents: Benjamin Tal”
Access the recording of "CFAA Presents: Benjamin Tal" CFAA recently presented Benjamin Tal's economic update for May 27, 2020. The state of the economy is important for rental housing providers. Factors such as unemployment, [...]
CMHC’s May 28 Announcement
CMHC’s May 28 Announcement On Thursday, May 28, CMHC issued a notice to rental owners who have pending applications for CMHC insurance for re-financings in relation to CMHC’s Multi-Unit Mortgage Loan Insurance (5+ units). [...]
CFAA-FRPO Lobbying Success for Mixed-Use Landlords
CFAA-FRPO Lobbying Success for Mixed-Use Landlords Canada Emergency Commercial Rent Assistance (CECRA) Of interest to landlords with ANY commercial tenants anywhere in Canada The federal government created the CECRA to help small businesses [...]
Webinar – CFAA Presents: Benjamin Tal
Webinar - CFAA Presents: Benjamin Tal The webinar, CFAA Presents: Benjamin Tal, will take place on Wednesday, May 27, from 4:00pm to 5:00pm EDT. Benjamin's presentation will be on the economy, and what Canadian rental [...]
COVID-19 Relief Updates and Reminders
The information stated here is believed to be accurate at May 11, 2020. The program details may change at any time. Readers should check for updates, and obtain advice from their professional advisors about [...]
Webinar: May Rent Collections, Tenant Relations and Staffing Issues
Webinar: May Rent Collections, Tenant Relations and Staffing Issues The face-to-face version of CFAA-RHC 2020 was cancelled due to COVID-19, but CFAA still plans to bring you our education sessions and wonderful speakers. However, this [...]
Commercial Rent Assistance open to some mixed-use buildings
The information stated here is believed to be accurate at May 4, 2020. The program details may change at any time. Readers should check for updates, and obtain advice from their professional advisors about [...]
CFAA Awards Applications due on Monday
CFAA Awards Applications due on Monday The CFAA Rental Housing Awards Program is accepting applications until Monday, May 4 at midnight. If you are interested in applying, but don't expect to be able to meet [...]
The latest issue of RHB Magazine is out now!
The latest issue of RHB Magazine is out now! This month's issue of RHB Magazine focuses on problems, solutions and advice related to the COVID-19 crisis. In addition to CFAA's National Outlook, check out [...]
CFAA Awards Applications due in 2 weeks!
CFAA Awards Applications due in 2 weeks! The CFAA Rental Housing Awards Program is accepting applications! The deadline for applications is Monday, May 4 at midnight. If you are interested in applying, but don't expect [...]
Financial Help for Landlords and Tenants
The information stated here is believed to be accurate at April 17, 2020. The program details may change at any time. Readers should check for updates, and obtain advice from their professional advisors about [...]
Help for your tenants to pay their rents
Help for your tenants to pay their rents The information stated here is believed to be accurate at April 7, 2020. The program details may change at any time. Readers should check for [...]
Rental management businesses now more limited in Ontario
Rental management businesses now more limited in Ontario On April 3, the Ontario Government has reduced the businesses which are deemed to be essential and which can therefore stay open. Non-essential businesses need to close [...]
CFAA Awards Program eligibility has been extended!
CFAA Awards Program eligibility has been extended In addition to the extension of the CFAA Awards program application deadline to May 4, 2020, CFAA has decided to extend the eligibility period for ALL AWARDS. [...]
CFAA Awards Program is still on!
CFAA Awards Program is still on As the CFAA Awards Program is conducted completely online, it will continue for 2020, despite COVID-19 concerns. However, we understand that many people are working from home, and [...]
CMHC and tenant advocates say tenants should pay their rents if they can
The information stated here is believed to be accurate at April 7, 2020. The program details may change at any time. Readers should check for updates, and obtain advice from their professional advisors about [...]
CFAA-RHC 2020 will not take place live from June 8 to 10, 2020
CFAA-RHC 2020 will not take place live from June 8 to 10, 2020 Due to concerns over the COVID-19 situation, and in the best interest of our staff and attendees, CFAA has decided to [...]
COVID-19 Updates: Dealing with Tenants’ Rents
Dealing with tenants' claims to not pay their rent More information should be forthcoming in the next few days, and CFAA will send it to you. For now, the best things you can do are the following. If [...]
Rental management businesses CAN stay open in Ontario
Rental management businesses CAN stay open in Ontario On March 23, the Ontario Government announced the mandatory shutdown of workplaces not deemed to be essential. Rental management has been deemed to be essential. Therefore, [...]
CFAA Tax Retreat Postponed from April 6
CFAA Tax Retreat Postponed from April 6 Due to the concerns about the impact of travel and group gatherings on the spread of COVID-19, CFAA has decided to postpone the tax retreat scheduled [...]
Canada’s COVID-19 Economic Response – what’s in it for landlords?
Canada’s COVID-19 Economic Response - what's in it for landlords? The Government of Canada is taking action to help Canadians facing hardship as a result of the COVID-19 outbreak. Canada’s COVID-19 Economic Response Plan, [...]
Updates on COVID-19 and Federal Tax Issues
Along with a number of CFAA’s member associations, CFAA is developing information to assist Canada’s rental housing providers in dealing with the impacts of Coronavirus (COVID-19). Expect further information as early as possible next [...]
Book your tickets and flights for CFAA-RHC 2020 today!
The recent outbreak of Coronavirus (COVID-19) has some people rethinking their travel plans this year, and we're aware that this may affect people who want to attend CFAA-RHC 2020. Currently, CFAA does not expect to [...]
Canada’s new Housing Supply Challenge
Canada’s new Housing Supply Challenge CMHC is currently developing Canada’s first Housing Supply Challenge, a $300M competition announced in Budget 2019 to seek and to help implement new ideas to reduce the barriers associated [...]
CFAA-RHC 2020: Building Innovations Tour
CFAA-RHC 2020: Building Innovations Tour CFAA Rental Housing Conference 2020, taking place from June 8 to 10 in Halifax, will begin with the Building Innovations Tour, in the afternoon of Monday, June 8, 2020. [...]
Housing spending under the National Housing Strategy
Housing spending under the National Housing Strategy The new Minister of Families, Children and Social Development is Ahmed Hussen, who was formerly the Minister of Citizenship and Immigration. Broadly speaking, he is mandated to [...]
CFAA Awards Program 2020 – Open for Applications
CFAA Awards Program 2020 – Open for Applications CFAA is proud to announce that the 5th annual Rental Housing Awards Program is open for applications. Awards finalists and winners will be announced at the [...]
Proposed interest limitation rules could devastate rental housing
Proposed interest limitation rules could devastate rental housing By John Dickie, CFAA President In the two most recent issues of National Outlook, CFAA warned readers of the risk of an increase in the capital [...]
Book your hotel for CFAA-RHC 2020 today!
Book your hotel for CFAA-RHC 2020 today! CFAA Rental Housing Conference will be taking place from June 8 to 10, 2020 at the Westin Nova Scotian in Halifax. Early bird registration is now open! [...]
CFAA Tax Retreat on April 6 in Toronto
CFAA will be holding a Tax Retreat in Toronto on Monday, April 6 Register now if you want to hear where the federal government is going, and provide input on what CFAA’s positions should [...]
Register today for CFAA-RHC 2020
Register today for CFAA-RHC 2020 Whether you want to learn about the present or the future of rental housing, or the newest technologies available, or are just looking to reach a wider audience to [...]
The interest deductibility limitation proposal – a critical tax issue that may arise this fall
The interest deductibility limitation proposal – a new, critical tax issue Besides the promise to review the capital gains inclusion rate, the Liberals made another tax promise in the October campaign that could have [...]
The interest deductibility limitation proposal – What you can do
What you can do The federal government proposes to set a limit on the amount of interest that any business can claim as an expense against gross income for tax purposes. The proposed limit [...]
The interest deductibility limitation proposal – What CFAA is doing to protect rental housing
What CFAA is doing to protect rental housing The federal government proposes to set a limit on the amount of interest that any business can claim as an expense against gross income for tax [...]
How to Create a CFAA Account
Welcome to CFAA's new and improved website! It's a new year, new CFAA, and we want you to be a part of it. We encourage all of our members to join our online community [...]
CFAA Awards Program 2020 Opens!
CFAA Awards Program 2020 Opens! CFAA is proud to announce that the 5th annual Rental Housing Awards Program is now open for applications. Awards finalists and winners will be announced at the CFAA Awards [...]
CFAA comments on CMHC Rental Market Reports
Average vacancy rate decreases 0.2% to 2.2% --- Governments need to make the tax and development climate better for rentals According to CMHC, the average rental vacancy rate in major centres across Canada decreased [...]
CFAA Building Tour Spotlight
At CFAA-Rental Housing Conference 2020 in Halifax, Nova Scotia, CFAA’s Building Innovations Tour will tour a number of exceptional new builds in Halifax’s booming rental market. One of the exceptional buildings featured on the [...]
A Key New Risk Facing Rental Housing Providers
Canada’s rental housing providers now face a new challenge because of the October 21 election, and the campaign promise of the Liberal Party and the NDP. Currently 50% of capital gains are included [...]
CFAA welcomes Canada-Ontario Housing Benefit agreement
CFAA welcomes today’s announcement of the Canada-Ontario agreement to implement the new Canada Housing Benefit in Ontario. The new Housing Benefit will provide funding directly to households who need help to meet the cost [...]
Join us at CFAA Rental Housing Conference 2020
Registration is now open for CFAA-RHC 2020, which will take place from June 8 to 10 at the Westin Nova Scotian in Halifax. CFAA-RHC 2020 will feature two days of timely and relevant education sessions, the Building Innovations Tour, [...]
New Canadian Housing Survey – preliminary results now available
The Canadian Housing Survey is a new survey conducted by Statistics Canada, in partnership with the Canada Mortgage and Housing Corporation (CMHC). It will occur every two years, until 2028. The survey will collect [...]
New Federal Cabinet Ministers important to rental housing issues
On November 20, Prime Minister Trudeau introduced his new cabinet. This sets out some background on the five Ministers who are of particular relevance for Canada’s rental housing providers. Bill Morneau is returning [...]
2019-2020 CFAA Rental Housing Employee Compensation Survey available now
It seems obvious that paying employees too much can cut into profits, but paying too little can too! If your employees turn over too quickly, then customer service is compromised. As a result, that [...]
Higher taxes? Pressures on rents? What can you and CFAA do today?
Because of the new influence of the NDP, there are new and serious risks, and opportunities, for rental housing providers at the federal level. The key new risk is higher taxes on capital [...]
CFAA’s Issues for the Renewed Liberal Government
CFAA congratulates Justin Trudeau and the Liberal Party for their re-election as a strong minority government. We look forward to working with the renewed Liberal government on issues which matter to Canada’s residential landlords [...]
Election Update – Platforms, Voting and Next Steps
The federal election is to take place on Monday, October 21. The polls show the Liberals and Conservatives tied for the lead, and a minority government seems almost certain. The balance of power will [...]
Join CFAA’s Direct Membership
After the October 21 election, CFAA will have a critical window to build key relationships with the new or renewed government. As the voice of Canada’s rental housing providers, it is critical that CFAA [...]
Election Update – Taxation, Housing and Environment
The Liberals, NDP and the Green Party have released their platforms. The information below is based on those platforms, and on the Conservatives’ platform plank releases and past actions while in power. More promises [...]
CMHC Housing Conference – presenting progressive views
As well as continuing to provide mortgage insurance and rental market reporting, CMHC is reorienting its work and operations to focus more on affordable housing. CMHC’s new goal is that “by 2030, everyone in [...]
CMHC’s Rental Market Survey coming soon
Canada Mortgage and Housing Corporation (CMHC) will be conducting its annual Rental Market Survey during the first two weeks of October 2019. The Rental Market Survey is important for all landlords because it provides [...]
CFAA-RHC June 2020 – Save the Date
CFAA-RHC 2020 will take place from June 8-10 in Halifax, at the Westin Nova Scotian hotel. Registration will open in late 2019. Thank you to everyone who attended CFAA’s Rental Housing Conference [...]
CFAA compares party promises for Oct 21 federal election
CFAA ELECTION PLATFORM INFORMATION The Liberals, NDP and the Green Party have released their platforms. The report below is based on those platforms and on the Conservatives’ platform plank releases, and past actions while [...]
What CFAA wants in election 2019
CFAA ELECTION GOALS CFAA would like to see the following actions taken by the Government of Canada. This list can be compared with the election promises being made by Canada’s political parties. Permit [...]
CMHC announces details of the new shared-equity program
CMHC announces details of the new shared-equity program In a move first announced in the Budget in March, the federal government has allocated $1.25B over 3 years for CMHC to provide shared-equity mortgages to reduce the mortgage [...]
CFAA enters into new partnership with Home Depot
CFAA partners with Home Depot THE HOME DEPOT is a leading supplier of tools, construction products, paint and building repair and maintenance services across Canada. THE HOME DEPOT and CFAA have entered into a [...]
CFAA-RHC 2019: Working Together to Help You Succeed
CFAA Rental Housing Conference 2019 took place in downtown Toronto from May 13 to 15. The Conference included the Building Innovations Bus Tour, Networking and Awards Receptions, the CFAA Rental Housing Awards Dinner, and [...]
A modest income tax improvement
While the federal government has long been reluctant to improve the tax position of rental housing, the government recently made a small improvement for some investors who acquire property after November 20, 2018. That [...]
CFAA congratulates CFAA Awards Program winners
CFAA Awards recognize rental industry excellence On Tuesday, May 14, CFAA recognized the winners of its fourth National Rental Housing Awards Program at the CFAA Awards Dinner. The winners included leading rental housing providers [...]
CFAA welcomes federal Budget 2019
Today, Finance Minister Morneau announced a major increase in the funding for the Rental Construction Financing Initiative. That is a program of reduced-cost financing which has seen significant take-up by private rental housing developers. [...]