Canadian Apartment Magazine - Industry News
REMI

Industry News

August rents

Affordability tops renters’ concerns in new national survey

The new data shows shows that affordability remains the defining challenge for Canadian renters, with 70% of respondents citing high rent prices as their main obstacle.
Canada B.C.

Canada and B.C. sign historic $5B partnership

Canada and B.C. unveiled a 10-year infrastructure agreement that will direct more than $5 billion toward local infrastructure.
LTB

Mississauga expands tenant protections during redevelopment

The approved amendments introduce stronger supports for eligible tenants living in affordable units affected by redevelopment.
relocation

Historic $1.5B deal cuts Toronto’s development charges

The newly announced Toronto Development Charge Reduction Program is expected to spur significant rental construction and create new jobs.
student housing

Ontario poised for record student housing growth

Ontario is heading into a watershed year for student housing, according to Urbanation’s new Spring Purpose‑Built Student Accommodation Report.

Cherry House brings stability to Canada’s soccer pathway

As World Cup fever sweeps the nation, Dream, Kilmer and Tricon have partnered with Canada Soccer to launch Cherry House, delivering much‑needed athletic housing in downtown Toronto.
Ookwemin Minising

RFQ issued for first homes on Ookwemin Minising

Waterfront Toronto has opened its RFQ, launching the process to build the first homes on the emerging island community of Ookwemin Minising.
major rental markets

CMHC reports softening in major rental markets

Canada’s major rental markets are showing early signs of easing as new supply comes online and demand growth slows.
DBS Developments

New rental tower set to rise at Sheppard-Yonge

Stafford and DBS Developments have unveiled plans for a purpose‑built rental tower at 11–21 Johnston Avenue in Toronto’s Sheppard-Yonge neighbourhood.

National rents decline again

National rents for residential properties in Canada fell 4.7 per cent since May 2024, marking the 20th straight month of annual declines.

Major rental development breaks ground in Leaside

Hazelview Investments and Sierra Corporation have kicked-off construction on a new 15-storey purpose-built rental development in Toronto’s Leaside neighbourhood.
CMHC

Rental Housing Canada recognizes Ugo Bizzarri

Ugo Bizzarri, Founder and Executive Chair of Hazelview Investments, was presented with the Lifetime Achievement Award at the Rental Housing Canada National Conference in Ottawa.
New Brunswick proposes property tax rate stabilizer

NB proposes property tax rate stabilizer

New Brunswick introduces new legislation that would leave non-residential ratepayers potentially exposed to a larger share of the property tax burden.
strata

B.C. leads Canada in lowering residential rents

According to new data from the province, recent policies and interventions have helped significantly lower B.C. asking rents since they peaked in 2023.
Mississauga

Mississauga moves to pre-zone 35 major transit station areas

The future development could support approximately 227,000 residents and 47,000 jobs.
standard

27-storey rental tower coming to Scarborough

Developed by the Rose Corporation with federal and municipal support, the new rental property is now underway at 26 Gilder Drive in Scarborough's Eglinton East neighbourhood.
move-in incentives

Move‑in incentives now the norm in major rental markets

Move‑in incentives have become increasingly common, reshaping how renters search for homes and how property managers compete for tenants.