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Why Canada is on the Cusp of a Housing Construction Crisis — and What It Means for Buyers and Sellers

As Canada continues to face an ongoing housing affordability crisis, a lesser-known but growing issue threatens to make the situation even more challenging — a looming shortage of construction workers. For anyone navigating today’s housing market, whether you’re buying, selling, or investing, understanding this crisis is crucial.

The Hidden Threat: A Labour Shortage in Construction

According to industry experts and economists, the Canadian housing market is at a tipping point. The issue? A severe shortage of skilled and general labourers in the construction industry. Without swift and strategic changes, this shortage could drive up housing prices even further in the next decade. The demand for homes is high, but the supply simply can’t keep up — not due to a lack of will, but a lack of workers.

Immigration System Needs to Match Labour Demands

Canada’s immigration system plays a key role in shaping our workforce, but right now, it's geared toward attracting highly educated professionals like engineers and IT specialists — not the unskilled or semi-skilled construction workers who are urgently needed on job sites.

Framers, tile setters, and window and door installers — roles that don’t require certification but are essential to any home build — are in particularly short supply. And with 22% of the construction workforce expected to retire by 2030, the gap is only set to widen.

How This Impacts Home Buyers and Sellers

For buyers, this labour shortfall could translate into:

  • Longer construction timelines

  • Higher prices for new homes

  • Increased competition for existing housing

For sellers, this could mean:

  • Increased value of resale homes, especially those in good condition

  • A potential boost in demand as buyers pivot away from new builds

However, the long-term consequences could also strain infrastructure, delay development projects, and impact overall affordability in urban and rural markets alike.

Regional Programs Show Promise — But Are They Enough?

Provinces like Nova Scotia are stepping up with targeted immigration programs. Their Critical Construction Worker Pilot allows applicants with hands-on experience to bypass traditional education and language requirements. It’s seen success, but experts argue that federal leadership is needed to truly move the needle on a national level.

According to Kevin Lee of the Canadian Home Builders’ Association, “At a time when we have a national housing crisis, we shouldn’t be saying, ‘Let’s let the provincial programs figure it out.’”

The Path Forward

To avoid long-term damage to Canada’s housing affordability goals and infrastructure stability, policymakers must realign immigration pathways with actual labour market needs. This means embracing a more flexible approach to recognizing experience, valuing on-the-job skills, and ensuring immigration policies respond to the full spectrum of economic demand—not just the most credentialed applicants.

Furthermore, there is a growing consensus that Canada must invest more in training programs and incentives for domestic workers, including underrepresented groups, to pursue careers in construction and skilled trades. Encouraging apprenticeship programs, diversifying the labour pool, and modernizing workforce policies will be essential to closing the gap.

Final Thoughts

For homebuyers, developers, and industry professionals alike, the coming decade will be shaped not just by interest rates or economic trends, but by the availability of the workers who physically build the homes and infrastructure Canadians rely on. Without strategic intervention, Canada risks deeper affordability issues and slower progress toward solving its housing shortage.

The time to act is now. A sustainable housing future depends on a construction industry that is fully staffed, adequately supported, and empowered by policies that meet the realities on the ground.

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How to Prepare Your Home’s Exterior for Spring: A Complete Guide

As winter fades and spring approaches, homeowners have the perfect opportunity to refresh their property’s exterior. Whether you’re looking to sell your home this season or simply want to boost its curb appeal, spring maintenance is essential. Harsh winter conditions can leave behind dirt, debris, and damage, making it crucial to assess and restore your home’s outdoor spaces.

Taking the time to clean, repair, and enhance your home’s exterior not only makes your property look beautiful but also prevents costly repairs down the road. From lawn care to power washing, here’s a step-by-step guide to preparing the outside of your home for spring.

Start with a Thorough Yard Clean-Up

Winter often leaves behind fallen branches, dead leaves, and patches of damaged grass. Before making any improvements, start by tidying up your yard. Rake up any debris that has accumulated over the winter, trim overgrown bushes, trees, and hedges to encourage healthy growth, and pull weeds from garden beds and sidewalks. Adding fresh mulch to flower beds will provide nutrients and enhance the overall appearance of your garden. A clean yard is the foundation for great curb appeal.

Revitalise Your Lawn

A lush green lawn is one of the first things people notice about a home. After a long winter, your grass may be in need of some extra care. Aerating the soil helps nutrients, water, and air reach the roots, promoting healthy growth. If you notice bare patches, overseeding those areas will encourage a thick and even lawn. Applying a high-quality spring fertiliser will give your grass the boost it needs to thrive, and regular watering will help it grow strong and green. These small steps can make a big difference in how your home is perceived from the outside.

Power Wash Your Home’s Exterior

Winter weather can leave your home looking dull and dirty. Power washing is an effective way to remove built-up dirt, mildew, and grime from your siding, walkways, driveway, and deck. If you don’t have a power washer, consider renting one or hiring a professional to do the job. A freshly cleaned exterior can make your home look years newer and more inviting to visitors or potential buyers.

Inspect and Clean Your Gutters

Your gutters play a crucial role in protecting your home from water damage. Over the winter, they may have become clogged with leaves, twigs, and other debris. Cleaning out your gutters ensures proper water drainage and prevents overflow, which can cause damage to your foundation, siding, and landscaping. While cleaning, check for any sagging or damaged sections that may need repairs. Taking care of your gutters now will save you from costly issues later in the year.

Refresh Your Front Entrance

Your front door is one of the most important focal points of your home’s exterior. A fresh coat of paint in a bold or classic colour can completely transform the look of your entryway. Updating your house numbers, replacing worn-out doormats, and adding a seasonal wreath are all simple ways to enhance your home’s curb appeal. Also, ensure your porch lighting is clean and functioning properly, as good lighting creates a warm and welcoming atmosphere.

Assess Your Roof and Siding

Your roof and siding take a beating during the winter months, and minor issues can quickly become costly repairs if left unchecked. Inspect your roof for missing, cracked, or curling shingles that could lead to leaks. Check your siding for cracks, holes, or peeling paint. If you notice any moss or mildew, cleaning it early can prevent long-term damage. If you suspect any major issues, consider hiring a professional to conduct a thorough inspection.

Upgrade Your Outdoor Living Spaces

With warmer weather on the horizon, it’s time to prepare your outdoor spaces for entertaining and relaxation. Start by cleaning and refreshing outdoor furniture. If you have a deck, staining or sealing it will help protect it from wear and tear. Adding potted plants, flowers, and comfortable seating arrangements can transform your backyard into a peaceful retreat. A well-maintained outdoor space not only enhances curb appeal but also adds to the overall enjoyment of your home.

Improve Outdoor Lighting and Security

As the days get longer, it’s important to ensure your outdoor lighting is in top shape. Replace any burned-out bulbs in porch lights, garage lights, and pathways. Consider installing solar-powered garden lights to illuminate walkways or motion-sensor lights for added security. If you have a security system or smart doorbell, check that everything is working properly. A well-lit exterior makes your home feel safer and more inviting.

Final Thoughts: Get Your Home Spring-Ready

Spring is the perfect time to enhance your home’s exterior, whether you’re planning to sell or simply want to enjoy a fresh and welcoming property. By following these steps, you’ll not only boost curb appeal but also prevent future maintenance headaches.

If you’re thinking about selling your home this spring, our expert real estate team is here to help. Reach out to us today to learn how we can help you maximise your home’s value and get it ready for the market.

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Hamilton’s Vacant Unit Tax: What Property Owners Need to Know

As housing affordability continues to be a growing concern in many Canadian cities, Hamilton has introduced a Vacant Unit Tax (VUT) to encourage the better use of residential properties. Designed to reduce the number of empty homes and increase the supply of available housing, the tax applies to properties that remain vacant for more than six months in a calendar year.

For homeowners, this new tax introduces both financial implications and reporting requirements, making it essential to understand how the policy works, whether it applies to your property, and what the potential ramifications might be.

What is the Vacant Unit Tax?

The Vacant Unit Tax (VUT) is a new levy that applies to residential properties that are left vacant for more than 183 days (six months) in a calendar year. The City of Hamilton introduced this tax in an effort to:

  • Increase the supply of rental and for-sale homes

  • Discourage housing speculation and long-term vacancies

  • Generate revenue for affordable housing initiatives

Hamilton’s approach aligns with similar policies already implemented in other Canadian cities such as Toronto and Vancouver, where vacant home taxes have been used as a tool to address housing shortages.

Who Does the Tax Apply To?

The VUT applies to all residential property owners in Hamilton. Every owner must submit an occupancy declaration each year, confirming whether their property was occupied, rented, or left vacant.

A property is considered vacant if it was unoccupied for more than six months within a single calendar year unless it falls under one of the city’s exemptions.

Exemptions to the Vacant Unit Tax

While the tax applies broadly, certain situations allow a property owner to be exempt, including:

Death of the property owner – If the registered owner has passed away, the property may be exempt while estate matters are settled.
Major renovations – If a property is undergoing significant construction that makes it uninhabitable, it may qualify for an exemption.
Medical reasons – If the owner has been admitted to a hospital, long-term care facility, or similar institution for extended medical care.
Legal disputes – If the property is involved in an ongoing ownership dispute, such as divorce or estate litigation.
Transfers of ownership – If the property has been recently sold, it may be exempt for the first year.

Homeowners seeking an exemption must provide documentation proving their eligibility.

How Much is the Tax?

The tax is set at 1% of the property’s assessed value, as determined by the Municipal Property Assessment Corporation (MPAC).

For example:

  • If a property is assessed at $500,000, the tax would be $5,000 per year if it remains vacant beyond the allowable period.

  • A $750,000 property would be subject to a $7,500 tax.

This financial burden is meant to deter owners from leaving properties empty when they could be made available for rent or sale.

Annual Declaration Requirement

One of the most critical aspects of the Vacant Unit Tax is the annual declaration requirement. Every property owner in Hamilton must file a property occupancy declaration, even if their home is occupied year-round.

How to Submit Your Declaration

Online Portal – The City of Hamilton provides an official online system for submitting declarations.
Mail-in Form – Property owners can submit a paper declaration by mail before the annual deadline.

Failure to submit a declaration may result in the property being automatically deemed vacant, meaning the owner could be subject to the 1% tax penalty even if the property was occupied.

Ramifications of the Vacant Unit Tax

The implementation of the VUT has both intended and unintended consequences, affecting homeowners, renters, and the real estate market as a whole.

1. Financial Impact on Homeowners

For those who own multiple properties or vacation homes, the tax could introduce a significant financial burden. Homeowners who keep properties vacant for personal use may find themselves paying thousands of dollars in taxes unless they rent out or occupy their homes for at least six months each year.

Additionally, failing to submit the required declaration can result in penalties, further increasing costs for non-compliant property owners.

2. Potential Increase in Rental Housing Supply

One of the key goals of the tax is to push vacant properties into the rental market, thereby increasing the supply of available housing and helping to ease the rental crisis in Hamilton. If successful, this could lead to lower rental prices and greater housing availability for tenants.

3. Impact on Real Estate Speculators

The VUT could discourage housing speculation, as investors who buy properties without the intention of renting or occupying them will face additional costs. Over time, this may result in more homes being sold, potentially stabilizing housing prices in Hamilton.

4. Administrative Challenges and Compliance Issues

Like any new tax policy, the VUT introduces an administrative burden on both the City of Hamilton and property owners. The city will need to process thousands of declarations annually and investigate potential cases of non-compliance or false reporting.

For homeowners, failing to file a declaration or misunderstanding the rules could lead to unintended tax penalties.

Final Thoughts: What Should Property Owners Do?

Hamilton’s Vacant Unit Tax is a significant policy change aimed at reducing the number of empty homes and increasing housing availability. While its long-term effectiveness remains to be seen, it’s essential for homeowners to stay informed and take action to avoid unnecessary penalties.

Key Takeaways

All residential property owners must file an annual occupancy declaration – failure to do so could result in a tax bill.
Properties vacant for more than six months will be taxed at 1% of their assessed value.
Exemptions exist, but owners must provide supporting documentation.
The tax aims to increase housing supply, discourage speculation, and generate revenue for affordable housing.

To stay compliant, property owners should:
🔹 Mark their calendars for declaration deadlines
🔹 Keep records of property occupancy and exemptions
🔹 Seek professional advice if unsure about their tax obligations

By taking these steps, homeowners can avoid costly penalties while ensuring they remain in compliance with the City of Hamilton’s regulations.

If you own a property in Hamilton, now is the time to prepare! Visit the city’s official website or consult a tax professional to make sure you understand your responsibilities under the Vacant Unit Tax.

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