CMHC flags overbuilding problems in Ottawa housing market

The Canada Mortage and Housing Corporation says that overvaluation and overbuilding problems have worsened in several markets – including Ottawa – since the last quarter. “The evidence of overbuilding has increased since the previous assessment in Calgary, Saskatoon, Regina, and Ottawa due to either higher vacancy rates, high inventory of new and unsold units, or…

Full audio: Q&A with LeBreton Flats bidders

Wednesday night at the Canadian War Museum, the developers behind the two bids to redevelop the LeBreton Flats faced the citizens of Ottawa and their questions on everything from arena distance from transit stops to the incorporation of skate parks in the design to potential bird deaths. If you didn’t get a chance to head…