Industry News
RioCan to divest $197M in residential assets
Toronto-based RioCan announced agreements to divest its 50 per cent stake in four rental properties within its RioCan Living portfolio as it strengthens its core retail focus.
Recycling expands across New Brunswick
Curbside recycling is now available to multi-family residences, schools and new communities that were previously depot-based or without any services.
Saskatoon approves multi-unit organics program
Saskatoon City Council approved the implementation of a city-wide organics collection program for multi-unit residential properties.
Single-family rentals outpace multifamily growth
Canada’s rental housing landscape is shifting, with single-family rental households growing at a faster rate than multifamily rentals.
CMHC reports increased housing starts for April
Canada Mortgage and Housing Corporation (CMHC) reported a notable rise in housing starts in April, marking a 2.4 per cent increase to 240,905 units.
Carney appoints new housing minister
Gregor Robertson, former mayor of Vancouver, has been appointed Canada's new Minister of Housing and Infrastructure.
NB takes first step to property tax reform
New Brunswick will hold property assessments at 2025 levels for 2026 as the first step of a promised overhaul of the property tax system.
Ontario tables legislation to spur new housing
The Protect Ontario by Building Faster and Smarter Act, 2025, was introduced this week.
Holborn Group proposes major development
The Holburn Group is proposing a major development in Vancouver that will see three of the tallest towers built in British Columbia.
Canadian rental market sees modest gains in April
The average asking rent for residential properties in Canada rose 0.4 per cent in April to $2,127, reaching a five-month high
Mixed-use plans for 34-acre greenfield in Waterloo
The City of Waterloo has approved the sale of the city-owned Former Kraus Lands to Urban Legend Developments.
Property values not yet reflecting market pause
Property values held fairly steady in the first quarter of 2025, while commercial real estate transaction volume dropped nearly 17 per cent from the comparable period in 2024.
Almadev breaks ground on LSQ community
A 15-acre transit-connected development started construction in North York last week.
Timely tips for Emergency Preparedness Week
Running May 4 through 10, the annual initiative reminds Canadians to take essential steps to ensure their safety in case of an emergency.
Manitoba Métis Federation opens mixed-use residence
While the 77,900-square-foot property is the first of its kind for the MMF, it will be a template for other developments.
BC short-term rental rules now in effect
In an effort to bring more long-term housing to market, all short-term rental listings in BC must now be registered with a provincial registration number.
Elevator safety enforcers to impose new fines
Inadequately monitoring elevator technicians’ credentials could have financial consequences for multifamily landlords, condominium corporations and long-term care home and student residence operators in Ontario.



















