Industry News

Toronto

Toronto adopts renewed climate actions

The city adopted a new series of actions to reduce greenhouse gas emissions as it released its first Annual TransformTO Net Zero Progress and Accountability Report.
first-time buyers

Budget 2024 misses the mark for first-time buyers

Thirty-one per cent of the cost of buying a new home is attributable to taxes, fees and levies, according to a study done by the Canadian Centre for Economic Analysis.
climate resilience

Housing plan falls short on climate resilience

Sustainability proponents are flagging missed opportunities to meet national climate commitments by 2050.
housing plan

New measures announced in Canada’s Housing Plan

Calling it "the most comprehensive and ambitious housing plan ever seen in Canada," Prime Minister Justin Trudeau emphasized the new housing plan will lead to 3.87 million homes by 2031.
Victoria

Major Victoria waterfront development proposed

The first rezoning submission for Victoria’s Arts and Innovation District by Reliance Properties will see a major mixed-use development.
red tape

Ontario introduces new ‘cutting red tape’ legislation

Ontario introduced new legislation to cut red tape and build at least 1.5 million homes by 2031, the government announced on Wednesday.
construction

Construction labour crunch at odds with housing targets

Canada’s residential construction industry will need to attract more than 1,030,000 workers in order to reach 5.8 million housing starts.
Metropia

Metropia breaks ground for Union City under new president  

Metropia broke ground Wednesday for its Union City condo community in Markham.
Bravo

Next phase begins for Bravo Condos in Vaughan

Menkes and QuadReal have started construction on the next phase of the largest mixed-use development in the Vaughan Metropolitan Centre.
housing infrastructure

Canada pledges $6B housing infrastructure fund

The Government of Canada is launching a new $6 billion Canada Housing Infrastructure Fund to help accelerate critical housing infrastructure.
Manitoba security system purchasers get rebate

Manitoba security system purchasers to get rebate

The Manitoba government is delivering on an election campaign promise to provide a $300 rebate on the purchase of a business or home security system.
condo fees

Analysis reveals GTA’s highest and lowest condo fees

The least expensive maintenance fees were mainly located beyond Toronto’s core.
Toronto eyes enforcement clout for EV spaces

Toronto eyes enforcement clout for EV spaces

Toronto’s commercial and multifamily landlords could be getting some enforcement clout beyond the honour system to discourage misuse of electric vehicle charging spaces in their parking garages.
Vancouver to gain more authority over landscaping

Vancouver to gain more authority over landscaping

Proposed amendments to Vancouver’s charter would allow Council to set conditions for landscaping new development and hand off dog licence revocation to City staff.
Ruth Legg

Concert Properties appoints Ruth Legg VP of ESG

Ruth Legg has been named vice president of environment, social and governance at Concert Properties, effective March 26, 2024.
Edmonton

Edmonton housing market heating up

The Greater Edmonton Area’s housing market has been gaining momentum ahead of spring, showing residential sales increases since January.
energy and water

Toronto opens resource for energy and water reporting

A link has opened for building owners to report their energy and water usage before the July 2, 2024 deadline.