New housing construction investment in Saskatchewan was down 14.5 per cent between March of 2017 and March this year. We were the only province in negative territory. Nationally, investment rose on average by nearly 10 per cent. $74 million was spent in Saskatchewan this year. Statistics Canada says our drop was mostly due to lower investment in single-family house construction, which was off by $13.4 million. On the other hand, apartment construction investment rose by $5.7 million dollars.
New Housing Construction Investment Down
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The Candian government wants the country’s banks to identify, in customers’ bank statements when they receive the carbon rebate, that it is labelled as such.
Environment Minister Steven Guilbeault says the lack of a clear identifier is contributing to confusion about carbon price rebates, so he is going to change the law if he has to in order to force the big banks to identify the carbon rebate by name when doing direct deposits.
The first rebate deposits in 2022 were labelled very generically, which meant recipients had no idea why they were getting the money.
T-D and B-MO have adopted the government’s requested “CdaCarbonRebate” entry, R-B-C and Scotiabank say they couldn’t make the change in time for the rollout, and C-I-B-C is still calling it “Deposit Canada.”