2024 Ontario Budget

Building more affordable homes faster

Key action steps in the 2024 Ontario Budget include investing $1 billion in the new Municipal Housing Infrastructure Program and supporting transit-oriented development.
rental housing

COVID-19’s impact on rental housing affordability

CMHC's Mathieu Laberge shares his perspective on housing affordability in Canada since COVID and what can be done to weather these challenging times.
purpose-built housing

The push for more purpose-built rental housing

Strong rental demand continued to outpace supply in 2023 resulting in less available purpose-built rental apartments and lower affordability, according to new report from CMHC.
fall economic statement

The road to more rental housing

Canada's fall economic update includes steps to crack down on short-term rentals and billions in financing toward rental housing construction.

The legacy of Sen̓áḵw

Currently underway in Vancouver, Sen̓áḵw is a powerful testament to Indigenous land ownership and an economic legacy that’s expected to generate upwards of $10 billion in revenue for the Squamish Nation.
GST rental rebate

Canada’s Enhanced GST Rental Rebate program

The Canadian government announced it is removing the Goods and Services Tax (GST) on future purpose-built rental projects via the "Enhanced GST Rental Rebate" program.
Office conversion prospects judged challenging

Office conversion prospects judged challenging

Viable conversion candidates must begin with a basic structural prerequisite, but construction costs, location, surrounding amenities and assumptions about future office values all influence the business case.
mayoral candidates

Mayoral candidates talk housing in latest debate

In the latest debate on housing matters, six leading mayoral candidates discussed their policies and promises for addressing Toronto's affordability crisis.
St. Lawrence Market

Toronto’s legacy of inclusive city-building

As the city of Toronto accelerates efforts to address housing affordability, inclusivity and the barriers inhibiting rapid housing development were top of mind at the Urban Land Institute’s Spring Meeting.
Scarborough Village

Gateway to Scarborough Village

The aging plaza at 3730 Kingston Rd. in south Scarborough is poised to become a vibrant, mixed-use community hub, pending approval from Toronto City Council.
Yardi multifamily report

Canada’s sizzling hot apartment market

Apartment owners in Canada are reaping the rewards of a favourable supply-demand equation, according to Yardi's Q2-2023 multifamily report.
Multifamily remains favoured investment asset

Multifamily remains favoured investment asset

Industry analysts cite Canada’s demographic trends and seemingly chronic housing supply-demand imbalance as fundamentals that should drive robust returns on new purpose-built rental projects.

Social and affordable housing in Canada

With the national vacancy rate hovering at 2.5 percent, bringing more social and affordable rental housing to market is on every government's agenda.
Portage Place

B.C. Budget 2023 takes action on housing issues

B.C. Budget 2023 promises to invest in new purpose-built rental housing with measures intended to stimulate construction and provide support for renters in need.
rental housing supply

The path to “Better and More” housing

REALPAC has launched a new campaign highlighting the essential role Canada's rental housing market plays in filling housing need.
multi-unit housing starts

Multi-unit projects drive 2022 housing starts

In Toronto, Montreal and Vancouver, multi-unit construction drove the year's housing starts, with rental apartments and condominiums accounting for the majority of 2022 housing projects.
For Affordable

Working together for affordable housing

On a mission to provide clarity and solutions to Canada's affordable housing crisis, five large residential REITs launched