Here is your Morning News Rundown for Friday May 31st:

Big-City Mayors Say Canada Has Housing Crisis – Global News

BMO Condo Buying Report – BMO

More Calgarians Plan to Buy Condos in the Next Five Years:BMO – Calgary Herald

Big City Spenders – an Analysis of Municipal Spending – CFIB

Numbers Released by the Canadian Federation of Independent Business Show City Spending Rose 79% Between 2000 and 2011 Compared to 27% Growth – Calgary Sun

Attainable Homes Expands Eligibility for Calgarians With Children – Metro Calgary

CMHC Releases First Quarter Results – CMHC

CMHC Sees Profit Fall 15% in Wake of New Rules – Financial Post

Canada’s Economy Rebounds, Sets Stage for Muted 2013 – Globe and Mail