Development

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.
renovictions

Clamping down on renovictions

Hamilton will soon be the first city in Ontario to introduce a renoviction bylaw forcing landlords to obtain a licence prior to issuing an N-13
Interest rates subdue multifamily development

Interest rates subdue multifamily developers

Fallout from higher interest rates may continue to subdue multifamily development, but lenders express more confidence in prospects for new purpose-built rental and high-rise condominium projects next year.
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.
Conversion momentum draws on combo of factors

Conversion momentum draws on combo of drivers

Replicating Calgary’s nascent office-to-residential conversion momentum in other markets will likely depend on the same combination of weak office values, strong housing demand and generous incentives.

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.

Pinemount, Elysium partner on Emery Village site

Pinemount Developments and Elysium Investments have partnered on a 1.78-acre development site located in Emery Village, Toronto, at 3406-3434 Weston Rd.
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.
Canadian vehicle market

The changing Canadian vehicle market

The Canadian vehicle market is changing at a rapid pace, with the projected sales for electric vehicles (EVs) forecast to rise dramatically to align with Canada's goals.
rent growth

Rent growth shows no signs of abating

Rent growth continues to accelerate in Canada’s apartment market as the economy outperforms expectations and demand exceeds new supply.
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.
heat pumps

Retrofitting with heat pumps  

Since 2019, retrofitting with heat pumps has been rising in popularity among Canadian REITs and large residential landlords looking to invest in cleantech.
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.