Housing starts down seven per cent in March from February: CMHC

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in March declined seven per cent compared with February.

The national housing agency says the seasonally adjusted annual rate of housing starts amounted to 242,195 units in March compared with 260,047 in February. When looking at year-over-year figures, March's actual housing starts were 10 per cent higher in Toronto and 15 per cent higher in Vancouver because of an increase in multi-unit starts.ADVERTISEMENT

The six-month moving average of the monthly seasonally adjusted annual rates of housing starts in March was 243,957, down 1.6 per cent from 247,971 in February.NEW YORK — The NHL on Tuesday announced a multiyear agreement with Bodyarmor to be the league’s official sports drink. Bodyarmor replaces BioSteel in that department after BioSteel filed for bankruptcy last year. Three-time league MVP Connor McDavid signed on with Bodyarmor in early 2024 after previously being associated with BioSteel.

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