Canadian Apartment Magazine - Industry News
REMI

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

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.
organics

Saskatoon approves multi-unit organics program

Saskatoon City Council approved the implementation of a city-wide organics collection program for multi-unit residential properties.
mortgage delinquency

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.
rental housing gap

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

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

Ontario tables legislation to spur new housing 

The Protect Ontario by Building Faster and Smarter Act, 2025, was introduced this week.
Holborn

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.
August rents

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
waterloo

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 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

Almadev breaks ground on LSQ community

A 15-acre transit-connected development started construction in North York last week.
emergency preparedness

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. 
Métis

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.
short-term rental

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

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.