Canadian Apartment Magazine - Industry News
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Industry News

Rental units shrink as space becomes more costly

A new analysis finds that despite signs of rent stabilization, affordability pressures persist as rental units become smaller across the country.
relocation

Toronto unveils major deal to cut development charges

The landmark multi‑billion‑dollar agreement will significantly reduce development charges on new housing while advancing the Waterfront East Transit line.
Welltower-Amica deal gets regulatory clearance

Welltower-Amica deal gets regulatory clearance

Welltower Inc. has obtained regulatory clearance to complete the $4.6-billion acquisition of the Amica Senior Lifestyles portfolio more than 12 months after the deal was announced.
rental

$1.3B fund to convert 2,200 GTA condos into rental housing

A public-private partnership will acquire blocks of unsold condo units and convert them into long-term rental housing.
problem landlords Toronto

Toronto moves to crack down on problem landlords

The City of Toronto is preparing a major overhaul of how it tracks, enforces, and responds to chronic property standards violations and problem landlords who fail to maintain safe and healthy rental housing. 
Ontario Teachers' forges German partnership

Ontario Teachers’ forges German partnership

Ontario Teachers’ Pension Plan has acquired four fully leased multifamily properties in Germany through a newly launched joint venture with Munich-headquartered DW Effectum Residential.
Quebec pledges heat pump and check valve funds

Quebec pledges heat pump and check valve funds

The Quebec government has earmarked nearly $584 million to promote heat pumps and flood protection measures, but little of it is slated to roll out before the upcoming provincial election.
VODA

Chartwell divests to do Sifton portfolio deal

Chartwell will sell off its Clair Hills retirement residence in Waterloo, Ontario, to get Competition Bureau Canada’s okay to acquire a six-building portfolio from Sifton Properties.
mississuaga

Mississauga unveils vision for downtown transformation

The redevelopment would transform the downtown core into a vibrant destination, adding new cultural and tourist venues, housing and office space.
Mississauga

Mississauga extends development charge incentive program

The development industry now has an additional year to benefit from the City's development charge incentive initiative, launched in 2025.
rental

Rental starts dominate new construction

Record-high rental construction and more missing middle housing contributed to a notable increase in residential starts in 2025.
Committees of adjustment thrust into new status

Committees of adjustment thrust into new status

Municipal committees of adjustment are coming under closer scrutiny with the advent of as-of-right permissiveness for designated categories of housing in Toronto and throughout Ontario.
renovations

CHBA launches new Renovation Market Index

Canadian Home Builders’ Association's newly released Renovation Market Index measures current renovation activity and expectations to gauge health of the sector.
Indigenous

B.C. Indigenous tall timber building completes

GBL Architects celebrates the completion of Canada's first mixed-use tall timber Passive House building for the B.C. Indigenous community.
BILD

BILD announces new board leadership

The Building Industry and Land Development Association announced several key leadership appointments to its board of directors.
August rents

Canada’s average rent continues to fall

The average rent for vacant residential units fell 2.8 per cent year-over-year in February, marking the 17th straight month of annual declines.
Rent supplements expand affordable supply

Rent supplements expand affordable supply

An increased allotment of rent supplements will expand Ontario’s universe of subsidized housing options over the next two years, while, simultaneously, more households are projected to fall into need.